Rectructuring, Insolvency and Bankruptcy

The Restructuring, Insolvency & Bankruptcy practice offers clients a full range of advice and services regarding formal insolvency and bankruptcy, and to successfully restructure their interests in Turkey with particular expertise in multi-jurisdictional and multi-creditor transactions.The Clients are led through Turkish insolvency and bankruptcy proceedings and legislation, the attaining of out-of-court arrangements and complex negotiations as well as their out of court financial or corporate restructurings.The team leverages expertise from across the firm to reach the optimal solution for the client.

The practice is highly experienced and experienced in advising on the following:

  • Acquiring, reorganising and restructuring bankrupt companies to avoid insolvency
  • Restructuring following insolvency
  • Innovative and complex financial restructurings
  • Debt to equity conversions
  • Employment and redundancy advice
  • Representation of creditors prior and following a debtor’s insolvency
  • Representation of debtors in insolvency proceedings
  • Rescission proceedings
  • Mergers and acquisitions of troubled estates
  • Purchase and sale of assets at bankruptcy
  • Out-of-court settlements
  • Bankruptcy litigation
  • Collateral arrangements

The client portfolio features financial and non-financial institutions:

  • Debtors
  • Creditors
  • Creditors’ committees
  • Secured and unsecured creditors
  • Purchasers
  • Plan sponsors
  • Trustees
  • Bondholders
  • Asset purchasers
  • Shareholders