Image of Arzan Zarolia

Arzan Zarolia

Associate

Email

arzan.zarolia@aoshearman.com

Phone

+971 4 426 6817

+971 54 715 2809

Offices

Dubai

V-CARD
Arzan is a qualified chartered accountant and lawyer with a bachelor's degree in finance. He has over 4 years of experience working on complex cross border financings, restructurings, buy outs and special situations deals involving assets across Europe, Asia and the USA. 
Prior to relocating to the UAE in 2024, he worked in the London offices of Ropes & Gray and Slaughter and May, as well as AZB & Partners in Mumbai. Arzan also has experience working as a consultant at Deloitte.

Experience

Representative matters

  • The co-ordinating committee of creditors on the court-controlled restructuring of Emirates Hospital Group (EHG).
  • The corporate insolvency resolution process of Dewan Housing Finance Corporation Limited (DHFL) India’s largest corporate insolvency (USD12 billion) and first insolvency process of a financial institution under the current bankruptcy code and its subsequent acquisition by the Piramal group. (*this experience was gained before joining A&O Shearman).
  • New money financing by Varde Partners (Singapore) in an out of court debt restructuring for Aban Offshore Limited. (*this experience was gained before joining A&O Shearman).
  • USD400 million distressed financing to the Essar group from VTB bank London. (*this experience was gained before joining A&O Shearman).
  • USD800 million distressed financing to Matix Fertilisers and Chemicals Limited (listed on the Indian stock exchange) from VTB bank London. (*this experience was gained before joining A&O Shearman).
  • EUR195 million financing for Apax’s acquisition of Atos Italia S.p.A. (*this experience was gained before joining A&O Shearman).
  • USD730 million financing for GHO Capital’s acquisition of ClearView Healthcare Partners. (*this experience was gained before joining A&O Shearman).
  • GBP410 million financing for Pollen Street Capital’s, acquisition of BGL Insurance. (*this experience was gained before joining A&O Shearman).

Qualifications

Admissions

Institute of Chartered Accountants of India

Bar Council of Maharashtra & Goa

Bar Council of India

Dubai Legal Affairs Department

Academic

Bachelor of Laws

Bachelor of Commerce specializing in Financial Markets

Languages

English, Hindi
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.