Bio

Lalita Vaswani is a Senior Associate in Appleby’s Dispute Resolution department. She has a background in commercial and corporate litigation with a focus on restructuring and insolvency.

Prior to joining Appleby, Lalita worked in the Litigation and Restructuring Group of a top tier Caribbean law firm, where she played a pivotal role on legal advisory teams in high-profile cross-border bankruptcy and insolvency matters throughout the Caribbean. She regularly appeared before the Barbados and Eastern Caribbean Supreme Courts.

Lalita read Law in England at the University of Warwick and the London School of Economics and Political Science. For her vocational education, she attended the College of Law in England where she obtained a Post-Graduate Diploma in Legal Practice and the Hugh Wooding Law School in Trinidad where she obtained a Certificate of Legal Education. Lalita has been called to the Bars of England and Wales, Barbados, Saint Lucia and Saint Vincent and the Grenadines.

RECENT PUBLICATIONS:

Expertise:

  • Global Cloud Exchange (GCX). Advised and represented an ad hoc group of bondholders holding $350 million of bond debt in respect of Bermuda winding up proceedings and the debt restructuring of GCX and its affiliates in a US Chapter 11 Plan;
  • Titan Petrochemicals Group. Advised and represented a creditor of Titan¸ a Hong Kong listed company, with a convertible bond debt of HK$96.6 million in a rare Bermuda contested winding up petition;
  • Seadrill, Advised the coordinating committee representing a bank group holding USD 7.4 billion in secured debt, on Seadrill Limited’s successful completion of its USD 10 billion restructuring plan pursuant to its chapter 11 plan of reorganisation. This high profile restructuring was one of the most complex restructurings in history and the largest ever in the offshore drilling sector.

Education:

The University of Warwick (England)

The London School of Economics and Political Science (England)

The College of Law (England)

Hugh Wooding Law School, The University of the West Indies (Trinidad)

Updates

14 Feb 2019 | News

Appleby Dispute Resolution team expands with two Bermudian lawyers

Appleby Bermuda is delighted to announce the expansion of its highly skilled and consistently ranked...

5 Jul 2018 | Deals

Appleby Bermuda advises on high profile USD 10 billion group restructuring

Appleby Bermuda advised the coordinating committee representing a bank group holding USD 7.4 billion...

Publications

31 Jan 2020 |

Restructuring & Insolvency 2020

First Published in Lexology Getting The Deal Through

16 Dec 2019 |

Americas Restructuring Review 2020

This chapter discusses the defining features of Bermuda’s insolvency landscape and the primary ins...

10 Dec 2019 |

The Insolvency Review – Seventh Edition

The seventh edition of The Insolvency Review  offers an in-depth review of market conditions and in...

9 May 2019 |

Bermuda’s rescue culture in action: Noble Group Limited

The restructuring of Noble Group Limited was implemented by a combination of parallel schemes of ar...

Contributors: Lalita Vaswani

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