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.
"Steve is an excellent person to do business with. In all of our dealings, Steve was very helpful in educating our finance team on security pricing, duration and terms. In addition, Steve's background in law expedited the process of drafting term sheets and closing deals. He is a great person to work with."
~Finance Manager; major movie studio