Debtwire Radio

Days after Bhushan Steel became the first of India’s so-called “dirty dozen” to complete a bankruptcy resolution process, Debtwire hosted its inaugural India Insolvency Summit in late May, sponsored by Deloitte and Clifford Chance. In the round-table discussion, the panelists delved into what works (00:11:26) and what doesn’t (00:20:04) in India’s 18-month old insolvency regime as well as the evolution of opportunities for investors to buy distresses assets (00:47:28, 01:01:35) and to provide bankruptcy financing (01:17:57). The panel comprised Sumit Khanna, Deloitte India’s Partner & National Head Corporate Finance & Restructuring; Scott Bache, Partner at Clifford Chance; Ashwin Bishnoi, Partner at Khaitan & Co; Anubhav Srivastava, ICICI Bank Joint General Manager, Corporate Banking; and Mihir Chandra, SC Lowy’s Head Analyst. Debtwire Senior editor Chaim Estulin moderated. Timeline 00:02:05 Debtwire Asia Managing Editor Luc Mongeon’s welcome; 00:04:05 Chaim’s scene setter; 00:09:14 Panelist into; 00:11:2