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Swapna Deshpande

Managing Director

Photograph of Swapna Deshpande

485 Lexington Avenue, 10th Floor
New York, NY 10017

+1.212.818.1555 Direct
+1.646.291.8502 Mobile

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Swapna Deshpande is a Managing Director at Ankura where she focuses on bankruptcy preparation and case management. She provides strategic, operational, and financial solutions to distressed companies and their creditors and investors. Swapna’s experience includes work with public and private companies across several industries, including entertainment, retail, outdoor media, technology, telecom, energy, and manufacturing. Swapna was named by the American Bankruptcy Institute as one of its 2020 “40 Under 40” honorees and as an “Emerging Leader” by the M&A Advisor. She is based in New York. 


Swapna’s notable bankruptcy preparation and case management experience includes:

  • Rockall Energy, an oil and gas company with operations in Louisiana, Mississippi, and North Dakota
  • Gulf Coast Health Care, an operator of 27 skilled nursing facilities in Florida, Georgia, and Mississippi
  • Global Brands Group, leading global branded apparel, footwear, and brand management companies
  • KB US Holdings, a regional grocery store operating more than 30 stores under the King’s and Balducci’s banners
  • Exide Technologies, a global $2.7 billion manufacturer, distributor, and recycler of lead-acid batteries
  • Payless ShoeSource, a $1.7 billion international discounted shoe retailer
  • Fallbrook Technologies Inc., a privately held developer and licensor of patented technology intended to offer continuously variable transmission for bicycles
  • Perfumania, a national discount fragrance retailer
  • SFX Entertainment, a global producer of live electronic music festivals and digital entertainment content
  • Quirky, Inc., an invention platform connecting investors with companies specialized in specific product categories

Prior to joining Ankura, Swapna was a member of a large consulting company’s corporate finance and restructuring practice, with a focus on the telecom, media, and technology industries. Swapna previously acted as legal counsel to the debtors in several corporate Chapter 11 restructurings and Chapters 11 and 7 wind-down cases. Her responsibilities included preparing first day motions, providing guidance to financial advisors on Schedule of Assets and Liabilities and Statement of Financial Affairs preparation, performing preference and fraudulent transfer analyses, drafting disclosure statements and plans of reorganization, negotiating claims, and drafting financing documents. 

  • MBA, Lehigh University
  • LLM, Bankruptcy, St. John’s University School of Law
  • JD, University of Wisconsin Law School
  • BA, Haverford College
Honors & Awards
  • M&A Advisor – 11th Annual Emerging Leaders Award 2020
  • The American Bankruptcy Institute’s 2020 40 Under 40 Emerging Leaders
  • Global M&A Network – 2021 Americas Rising Stars Dealmakers
  • American Bankruptcy Institute
  • Association of Insolvency & Restructuring Advisors
  • Turnaround Management Association

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