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In recent years, situations have often occurred in which the activities of stock companies have caused losses, companies have become submerged in debt due to the mobility of the exchange rate...

The Regulation on Real Estate Trade ("Regulation"), establishing significant standards for real estate transactions, has been in force since June 5, 2018.

The Republic of Turkey ("Turkey") signed the Convention on International Interests in Mobile Equipment ("Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment ("Protocol") ..

Article 376 of the Turkish Commercial Code No. 6102 pertains to the loss of capital and insolvency circumstances in joint-stock and limited liability companies, as well as the measures that must be taken to improve their financial distress.

On 15 July 2016, the Turkish Parliament approved a comprehensive draft law amending various laws and regulations, with the aim of improving investment environment in Turkey.

In concordat process, it is not possible to initiate enforcement proceedings including the ones for public receivables against the applicant of the concordat within the respite given with the respite order.

Under Turkish bankruptcy procedures, the creditor makes an application to the execution office and the execution office sends a payment order to the debtor.

Based on the legal regulation that came into force on July 19th, 2019, the "Financial Restructuring ("FR")" application for large-scaled* and small-scaled** companies ("Borrowers")...

Article 89 of the Execution and Bankruptcy Law sets forth the procedure to be followed in warrant of distraint issued to third parties.

Law No. 7445 on the Amendment of the Enforcement and Bankruptcy Law and Certain Laws ("Law") was published in the Official Gazette on 5 April 2023.

Eighth Judicial Package, officially published in the Official Gazette on 12.03.2024 under the name of Law on Amendments to the Code of Criminal Procedure...

In this short guide, we would like to provide brief tips regarding the debt enforcement under Turkish laws. In this regard, our guide is separated in the following main sections:

The Coronavirus pandemic, which has now spread all over the globe, is continuing to have adverse effects on the commercial activities of entities as well as the daily activities of individuals.

The courthouses across the country are open and active.

The law governing Turkish Insolvency procedures known as the Execution and Bankruptcy Law (the EBL) ("Icra Iflas Kanunu") has in previous years been amended twice and has introduced new procedures for ailing companies. In this article, we will take a look at these procedures.

Concordat is regulated under Articles 285 and 309 of the Enforcement and Bankruptcy Law.

Regulation Amending the Wage Guarantee Fund Regulation ("Amendment Regulation") has entered into force after being published in Official Gazette dated 30 September 2021 and numbered 31614.