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ELIG Gürkaynak Attorneys-at-Law
Contrary to the Regulation, the Provisional Article has provided further options for restructuring measures that may be applied to the Debtor.
Esin Attorney Partnership
In the last two decades, Turkish economic growth was supported by credit, especially foreign currency denominated funding. As of July 2019, total FX debt (long term and short term) owed...
Esin Attorney Partnership
Esin Attorney Partnership and Baker McKenzie cordially presents the updated report on "Points of Comparison of Formal Restructuring Processes in US, UK and Turkey".
Erdem & Erdem Law
Determination of the scope of restructuring under the Regulation has significance, particularly as to the determination concerning embezzlement, to be explained below, as well as tax exemptions and incentives.
Esin Attorney Partnership
Bu sayede, Önceki Çerçeve Anlaşma'dan farklı olarak finansal borç tutarı fark etmeksizin tüm borçlular yeniden yapılandırma çerçeve anlaşmalarından faydalanabilecek.
Esin Attorney Partnership
All the Large Scale Debtors, except those declared bankrupt, will be able to benefit from the financial restructuring framework.
MGC Legal
Temporary respite lasts three months. Court can prolong the temporary respite for maximum two extra months upon a claim from the debtor or temporary commissioner before the expiration of three-month period.
Esin Attorney Partnership
Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK") Finansal Sektöre Olan Borçların Yeniden Yapılandırılması Hakkında Yönetmelik'te ("Yönetmelik") değişiklik ("Değişiklik") yaptı.
Esin Attorney Partnership
The Banking Regulatory and Supervisory Authority (the "BRSA") amended (the "Amendment") to the Regulation on the Restructuring of Debts Owed to the Financial Sector (the "Regulation").
LBF Partners
Zira, itirazın kaldırılması, alacaklının, yalnız ilamsız icra prosedürü içinde, genel mahkemelerden bu konuda bir ilam almadan çabuk ve basit yargılama usulü ile alacağına kavuşması sağlanmaktadır.
Esin Attorney Partnership
Trying to recover from the currency shock in 2018, the Turkish financial markets are open for business in 2019 stimulated by governmental intervention in the form of changes in the withholding tax rate ...
Esin Attorney Partnership
The Law on the Amendment to the Income Tax Law and Certain Laws (the "Omnibus Bill") entered into force upon its publication on the Official Gazette No. 30836 dated July 19, 2019
MGC Legal
2003 yılından beri uygulanmakta olan, "iflasın ertelenmesi" kurumunun yargı sistemimizden çıkarılmasıyla ortaya çıkan boşluğun doldurulması amacıyla, 15.03.2018 tarihinde Resmi Gazete'de yayımlanarak ...
Esin Attorney Partnership
2018 yazındaki kur şokuyla, "finansal yapılandırma" kavramı hayatımıza girdi.Borçlu şirketin mali yapısının elden geçirilip, mali stratejisinin tekrar belirlenmesi olarak tanımlanabilecek finansal yapılandırma; ...
Esin Attorney Partnership
The concept of "financial restructuring" was introduced in Turkey following the country's currency crisis in the summer of 2018.
Ozbek Attorney Partnership
19 Aralık 2018 tarihli ve 30630 sayılı Resmî Gazete ile Abonelik Sözleşmesinden Kaynaklanan Para Alacaklarına İlişkin Takibin Başlatılması Usulü Hakkında Kanun ("Kanun") yayımlanmıştı.
Gun + Partners
There are 62 active insurance companies incorporated in Turkey, consisting of 39 non-life insurers, 18 life and pension insurers, four life insurers and one reinsurer.
Esin Attorney Partnership
This "Financial Restructuring vs. Konkordato/Composition (Turkish Scheme of Arrangement)" is presented as a reference source to give all market participants a schematic comparison of these two financial restructuring techniques ...
Ozdirekcan Dundar Senocak (Correspondent Firm of Gide Loyrette Nouel)
Foreign financial institutions will be able to structure separate financial restructuring procedures with the debtor.
Esin Attorney Partnership
This report provides a basic overview of key concepts under US, UK and Turkish restructuring and insolvency processes and is not intended to be exhaustive or to be relied on as a legal opinion or advice.
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