Mushtaq’s proficiency revolves around banking and restructuring transactions, corporate insolvencies and commercial disputes. He regularly advises banks, corporates and insolvency practitioners on various aspects of insolvency law. He also regularly appears before the Bankruptcy Division of the Supreme court of Mauritius.

Prior to joining BLC, Mushtaq worked as an associate in the Finance Division (Restructuring and Insolvency Group) of the London Office of Herbert Smith LLP, an international law firm. He was involved in advising banks, insolvency practitioners, corporates and creditors on various aspects of corporate insolvency law and on major restructuring transactions.

Mushtaq has been involved in advising a Pan African domestic Bank on the debt restructuring of a number of Mauritian companies forming part of a private equity group investing in the Indian real estate sector, in connection with their total exposure of approximately USD 82.5 million of facilities with the Bank. He has also acted for the same Bank in connection with two separate facilities of USD 4 million and USD 7 million to Mauritian SPVs acquiring stakes in companies forming part of the same private equity group.

He has further worked on some major transactions such as acting on an equity investment of approximately MUR 600 million in connection with the proposed construction of a hotel.

Mushtaq assisted in matters where Herbert Smith acted for insolvency practitioners, banks and listed companies in major restructurings and insolvencies. He was involved in several transactions namely; advising the administrators of Nortel entities (Ernst& Young), assisting the provisional liquidators of Independent Insurance Company Limited (PricewaterhouseCoopers). He acted for the Financial Services Compensation Scheme in relation to the complex restructuring of the Cattles group of companies.

He also acted for an AIM-listed company in the leisure industry on a company voluntary arrangement to restructure its business and advised a syndicate of banks on the restructuring of an AIM-listed healthcare services company. Mushtaq also assisted various counterparties in the administrations of Lehman Brothers and MF Global.