Restructuring & Turnaround
A leader in India's turnaround ecosystem, Abizer founded and built EY's Restructuring and Turnaround Practice, leading over 40 transactions spanning operational and financial restructuring, debt raising, and insolvency proceedings. His work has influenced policy and practice, including active participation in law-making efforts and thought leadership in insolvency and restructuring, and the creation of NARCL (India's "bad bank").
He has spearheaded major transformations and high-impact transactions, including:
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Representing the bond holders of Wockhardt Limited, acquisition of Bank of Madura and Sangli bank for ICICI Bank. |
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Fundraising for MSRDC by monetizing roads worth 10,000 crores (US$ 1.4 billion). |
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COVID-era restructurings of SP Group (construction) and Future Group (retail). |
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Sector-wide restructuring in financial services, real estate, steel, textiles, power, and infrastructure. |
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High-profile insolvencies such as DHFL, Srei Infrastructure & Equipment, Reliance Home Finance, Lehman Brothers, and MF Global. |
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Sale of the SASF book - India's first-ever bad asset pool. |