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About Divi Dev

Divi Dev, founder of Divi Distressed Investments, is a distinguished Restructuring and Insolvency lawyer with nearly seven years of cross-border expertise. Dually licensed in Canada and India as a lawyer, Divi also qualifies as an Insolvency Professional in India and holds credentials as a commercial mediator and negotiator.

Divi’s practice encompasses complex, high-stakes cases in rescue finance, distressed debt, distressed M&A, turnaround management, special situations, and cross-border insolvency. With a sophisticated background in Big Law, consulting, and private equity, he combines analytical rigor with strategic innovation to deliver tactical outcomes in challenging financial circumstances.

His career spans roles at an elite insolvency boutique, a Big Four accounting firm, and a national law firm in Toronto, Canada. In India, he served as an insolvency litigator and as an investment associate at the distressed debt platform of a leading American private equity firm. These roles have afforded him a nuanced understanding of diverse financial landscapes and the agility to navigate complex legal frameworks with precision.

Beyond corporate restructuring, Divi is deeply committed to policy development and social impact. He has participated in projects and fellowships with prominent institutions, including Harvard University’s South Asia Institute, the University of Chicago, the Indian Parliament, the United Nations, and the World Bank. An advocate for child rights, Divi has volunteered in this space for over a decade and was recognized as a UN Global Schools Ambassador in 2018.

Career Highlights

Led the buy-side process for the corporate rescue and acquisition of an insolvent expressway valued at over US$95M on a build-operate-transfer basis

Divi’s experience includes notable transactions and key achievements, highlighting his multifaceted expertise in restructuring, distressed debt, and cross-border insolvency.

Ensured compliance with Investment Industry Regulatory Organization of Canada (IIROC) requirements, enabling successful registration of a cryptocurrency platform with bankruptcy-remote compliance..

Collaborated with the World Bank on an insolvency law implementation project in Trinidad and Tobago, preparing and delivering critical reports, manuals, and executive training materials.

Conducted detailed research and mapping of 150+ distressed-debt opportunities across toll roads, infrastructure, energy, and textiles, with an ESG focus. Developed 20+ pre-acquisition M&A proposals based on data analysis of distressed entities, assisting clients in identifying strategic acquisition opportunities.

Counsel for Boeing in the Lynx Air insolvency proceedings, guiding restructuring strategies and protecting client interests.

Conducted extensive due diligence and compliance management for the acquisition of a stressed road asset with a debt size of US$20M.

Assisted in due diligence and compliance management for a CA$5.08M marketed public offering of securities for a listed issuer, ensuring regulatory adherence.

Facilitated acquisition financing for a Canadian buy-side firm acquiring a majority stake in a financial platform with over 19M+ users.

Facilitated restructuring cases worth over CA$60M in total assets, successfully drafting terms that preserved client interests and maximized stakeholder value across various industries such as aviation, mining, pharmaceuticals, cosmetics and retail.

Developed key policy recommendations for the Insolvency Institute of Canada, shaping national insolvency laws.

Canadian Business Laws & Ethics

York University, Ontario

Certification (2021)

Graduate Insolvency Programme

Official Indian Government program to meet licensure requirements for Insolvency Professionals.

Licenses 

Qualifications

Indian Institute of Corporate Affairs, Government of India

2019-2021

Bachelor of Laws (LL.B)

Campus Law Centre, University of Delhi

2015-2018

Rank 1 Scholarship Recipient

Top 10% of graduating class

Bachelor of Arts (Honours)
Humanities and Social Sciences

Specialization in English Journalism and Business

University of Delhi

2012-2015

University Rank 2

Licensed Lawyer

Ontario, Canada (June 2023)
Delhi, India (August 2018)

Insolvency Professional

Certification pending final license

(August 2021)

Certified Commercial Mediator & Negotiator

India (ID: VO761D9)

Specialization in Banking Laws, Corporate Laws, and Contracts