Turkey: Insolvency/Bankruptcy/Re-Structuring

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Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.
Article
Petrol Piyasası Lisans Yönetmeliği Ile LPG Piyasası Lisans Yönetmeliği'nde Değişiklik: İflas Kararı Verilmesiyle Lisans Sonlandırılabilecek
Enerji Piyasası Düzenleme Kurumu ("EPDK”), 08/04/2026 tarih ve 33218 sayılı Resmî Gazete'de yayımlanan Petrol Piyasası Lisans Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik ve Sıvılaştırılmış Petrol Gazları (“LPG”) Piyasası Lisans Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik (“Değişiklik Yönetmelikleri") i
Turkey Insolvency
LP
LBF Partners
Article
Technical Bankruptcy Under The Turkish Commercial Code
The deterioration of a company’s (namely joint stock companies, limited liability companies and partnerships limited by shares are subject to this provision) financial standing and its legal consequences are governed by Article 376 of the Turkish Commercial Code numbered 6102 (published in the Official Gazette dated February 14, 2011 and numbered 27846 (“TCC”) and the Communiqué on the Procedures and Principles regarding the Implementation of Article 376 of the TCC published in the Of
Turkey Insolvency
PP
Pekin & Pekin
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Financial Restructuring

Article
The Noteholders Meeting Mechanism In Capital Markets Law And Its Impact On Enforcement Proceedings
Another duty of capital markets law is to protect small investors, who have limited access to information and decision-making power. Although the will of investors holding high nominal values may mathematically prevail in votes within the BASK, the legislation has provided for strict quorums and oversight mechanisms to ensure that this will does not completely nullify minority rights.
Turkey Finance
E
Egemenoglu
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Insolvency/Bankruptcy

Article
12. Yargı Paketi Ile Ortaklığın Giderilmesi Satışlarında Yeni Dönem
12. Yargı Paketi 31 Temmuz 2026 tarihli ve 33326 sayılı Resmî Gazete’de yayımlanmıştır. 7589 sayılı Kanun ile İcra ve İflas Kanunu’nun 114. maddesinde yapılan değişiklik ile birlikte miras kalan taşınmazların ortaklığın giderilmesi davası yoluyla satışında mirasçıları üçüncü kişilerle aynı anda yarışan taraflar olmaktan çıkararak onlara taşınmazı öncelikle kendi aralarında satın alma imkânı tanımıştır.
Turkey Real Estate
P
Paldimoglu Law Firm
Article
New Sale Rules In Partition Actions Under Turkey’s 12th Judicial Reform Package
The 12th Judicial Reform Package was published in the Official Gazette No. 33326 dated July 31, 2026. The amendment introduced to Article 114 of the Enforcement and Bankruptcy Law by Law No. 7589 changes the procedure applicable to the sale of inherited real estate through a partition action. Rather than requiring heirs to compete directly with third-party bidders from the outset, the new rules give them an initial opportunity to acquire the property among themselves.
Turkey Real Estate
P
Paldimoglu Law Firm
Article
The 12th Judicial Package Introduces New Regulations Across Many Fields
Turkey's Grand National Assembly has enacted comprehensive amendments to its judicial framework, introducing significant changes to auction procedures for co-ownership dissolution, notarial document handling, statutory interest rates, and civil procedure rules. The reforms address critical aspects of enforcement law, compensation calculations, and court proceedings, while establishing new protocols for remote hearing participation and appellate review processes.
Turkey Litigation
MA
Moroglu Arseven
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