Messrs. Tawil and Azarbad are the proud sons of self-made, garment and textile industry business owners. Before joining forces at Credit Suisse, Tawil and Azarbad attended the same high school, and later worked together at a Tier 1 global law firm.
Tawil and Azarbad possess remarkable cerebral energy, an extraordinary entrepreneurial spirit and immigrant work ethic, and unmitigated passion for the business of bankruptcy. Yet, it is their bankruptcy law experience, combined with a sophisticated understanding of the credit markets and the investment banking world, that draw clients to ETG Capital time and again.
||David D. Tawil, JD
David D. Tawil brings his expertise in corporate restructuring and bankruptcy, as a lawyer and investment banker, to his new role as co-founder of ETG Capital.
From 2004 to 2009, Mr. Tawil served as a Director of Leveraged Finance for Credit Suisse, within the firm’s Investment Banking division. In that capacity, he co-captained Credit Suisse’s fixed-income alternative asset trading business. He oversaw sourcing and trading of illiquid high-yield and distressed instruments, including, trade debt obligations.
Prior to his tenure at Credit Suisse, Mr. Tawil practiced law as an attorney with the firm of Davis Polk & Wardwell, where he specialized in workouts and bankruptcies. He began his law career as an associate at Skadden, Arps.
Mr. Tawil earned a Juris Doctor degree from the University of Michigan Law School, where he was an editor of the Michigan Law Review. He studied Business Management at Yeshiva University in New York, and graduated magna cum laude, with a Bachelor of Science degree.
Mr. Tawil resides in Manhattan with his wife and three children.
||Steven Azarbad, JD
Steve Azarbad is co-founder of ETG Capital. He is also a lawyer and investment banker with expertise in restructuring and bankruptcy. From 2004 to 2009, Mr. Azarbad served as a Director of Leveraged Finance for Credit Suisse, within the firm’s Investment Banking division. In that capacity, he co-captained Credit Suisse’s fixed-income alternative asset trading business. He oversaw sourcing and trading illiquid high-yield and distressed instruments, including, trade debt obligations.
Before joining Credit Suisse, Mr. Azarbad practiced law as an associate at Weil, Gotshal & Manges. As an attorney with Weil Gotshal, his specialization was representing large companies in Chapter 11 cases. Prior to working at Weil Gotshal, Mr. Azarbad served as a law clerk for Judge Mary F. Walrath, in the US Bankruptcy Court for the District of Delaware.
He began his law career as an associate at Skadden, Arps. Mr. Azarbad was awarded a Juris Doctor degree upon graduation from Brooklyn Law School. As an undergraduate, he attended Brooklyn College of the City University of New York, where he studied Accounting and earned a Bachelor of Science degree.
Mr. Azarbad lives with his wife and three children in Brooklyn, New York.
“David has been a tremendous support in providing an avenue to insure risks that have been difficult to place in the carrier market. In so doing, both my current and previous company were able to increase sales in marginal risk situations, knowing that there was protection in the event of a loss. David is an expert in his field and can always find creative solutions to help his clients in mitigating risk. He is very proactive and personable and is a valuable asset to any company who would work with him.”
~Credit Manager; sporting goods manufacturer