L Viswanathan is chair of the finance, project and bankruptcy practice. Viswanathan advises leading banks, financial institutions and private credit providers as well India’s largest corporates on a broad range of transactions, including structured lending, corporate debt restructuring, strategic debt restructuring, and recovery of loans and investments.
Viswanathan has acted on a number of landmark transactions, including advising: the Indian lenders on the restructuring of the Dabhol power project; the syndicate of lenders and other national and international financial banks and agencies in the 4000 MW Mundra Ultra Mega Power Project; the syndicate of lenders in the refinancing of the acquisition financing obtained by Tata Motors; clients with respect to several road projects in India, including the KMP Expressways Limited; and the developers with respect to the privatisation and modernisation of the Mumbai International Airport, and the syndicate of lenders financing the Delhi International Airport.
Lauded for his ‘fantastic understanding of complex matters’ and his ‘thoughtful, innovative approach’ by Chambers Global, Viswanathan has been included among the top project finance, and banking and finance lawyers in India by several leading international legal publications. IFLR1000 2014 named him as a leading lawyer for energy and infrastructure.
Chambers Asia-Pacific 2018 states that ‘whenever there was an issue that neither side could resolve, everyone would turn to Viswanathan to see what he felt. His views were seen as that of a senior authority, and both sides were happy to trust his judgement’ and that he is ‘one of the top lawyers in terms of reputation and seniority’. Who’s Who Legal notes that he is ‘recommended without hesitation’ by clients.