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Lalita Vaswani is Counsel 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.

Work Highlights

  • DIGICEL, Advised in relation to the $4.4 Billion in the aggregate Digicel restructuring;
  • GLOBAL ATLANTIC, Advised Global Atlantic Financial Group in the $2.7 billion sale of its remaining 37% stake to KKR, increasing KKR’s ownership to 100%;
  • Appleby Bermuda advised in connection with the $13.3 billion take-private acquisition of Bermuda-based Triton International Limited (Triton) by Brookfield Infrastructure Partners L.P (BIP) through BIP’s subsidiary Brookfield Infrastructure Corporation (BIPC) and its institutional partners (Brookfield Infrastructure);
  • GLOBAL ATLANTIC, – Appleby Bermuda advised Global Atlantic in its $2.4 billion capital raise for sidecar Ivy II;
  • ETELEQUOTE LTD., Acted as Bermuda counsel to e-TeleQuote in connection with the sale of its operating subsidiaries to Primerica, a well established provider of financial services to middle-income families throughout the United States and Canada. This deal gives an enterprise value of $600 million;
  • FLOATEL INTERNATIONAL LIMITED. Advised Floatel International Limited and it subsidiaries (the Group) on its successful, fully comprehensive balance sheet restructuring. The Floatel Group is renowned for providing offshore accommodation and support vessels;
  • 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.


Lalita is recommended in the Dispute Resolution category by Legal 500 Caribbean. Clients praise Lalita as: “highly dedicated, practical and intelligent. She has organised and led, on our behalf, a global team of talented lawyers whose aim is to achieve a successful result on our behalf. We have found the Appleby team’s wisdom to be invaluable.”

Coverage & Insights

Qualifications & Education

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.

She has been called to the Bars of England and Wales, Barbados, Saint Lucia and Saint Vincent and the Grenadines.

  • 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)

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