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  • Article

    Points Of Comparison Of Formal Restructuring Processes In US, UK And Turkey

    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.
    GlobalInsolvency/Bankruptcy/Re-Structuring
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey Suspends Execution And Bankruptcy Proceedings As Part Of The Precautions Taken To Combat COVID-19 Pandemic

    As per the Presidential Decree no. 2279 ("Decree") published on Official Gazette of March 22, 2020, it has been decided that all on-going execution and bankruptcy proceedings, except for the ones related to alimony claims.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
Deris Attorney At Law Partnership
Deris Attorney At Law Partnership
  • Article

    Bireysel Emeklilik Sistemi Hakkında Yönetmelikteki Değişikliklere İlişkin Bülten

    28.03.2023 tarihli Resmi Gazete'de yayımlanan Bireysel Emeklilik Sistemi Hakkında Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik ile Bireysel Emeklilik Sistemi Hakkında Yönetmelikte birtakım değişiklikler yapılmıştır. Bu değişiklikler yayım tarihinden itibaren 6 ay sonra (yani 28.09.2023 tarihinde) yürürlüğe girecektir.
    TurkeyEmployment and HR
    Bener Law Office
    Bener Law Office
  • Article

    Money Laundering Law As Amended Covers Self-Employed Attorneys

    The Law on the Prevention of Financing the Propagation of Weapons of Mass Destruction number 7262, Canon 20, et. seq., and the Law on Prevention of Laundering Proceeds of Crime number 5549 ...
    TurkeyGovernment, Public Sector
    Moroglu Arseven
    Moroglu Arseven
  • Article

    A Controversial Turkish Precedent On Arbitrators' Jurisdiction On Claims Initiated Through Bankruptcy Proceedings

    The Decision provides that, notwithstanding a valid arbitration agreement, Turkish courts, not arbitrators, shall have jurisdiction to determine whether an alleged debtor...
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Basgul Attorneys at Law
    Basgul Attorneys at Law
  • Article

    Points Of Comparison Of Formal Restructuring Processes In US, UK And Turkey (Updated)

    Esin Attorney Partnership and Baker McKenzie cordially presents the updated report on "Points of Comparison of Formal Restructuring Processes in US, UK and Turkey".
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey Introduced Amendments To The Enforcement And Bankruptcy Code

    The Law numbered 7343 on the Amendments to the Code of Enforcement and Bankruptcy and Certain Laws was published in the Official Gazette dated 30 November 2021 and numbered 31675, and entered into force on the same day.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Dikici Law Firm
    Dikici Law Firm
  • Article

    Extension Of The Temporary Period For Calculations Under Article 376 Of The Turkish Commercial Code

    Turkish Commercial Code amendments extend the deadline for excluding certain losses and expenses from capital loss calculations, providing companies additional time to manage foreign exchange losses, lease expenses, depreciation, and personnel costs in their financial assessments.
    TurkeyAccounting and Audit
    Bener Law Office
    Bener Law Office
  • Article

    Newsletter Regarding Amendments On The Regulation On Individual Pension System

    In this newsletter, we will only focus on the amendments on the Regulation with regard to employers.
    TurkeyEmployment and HR
    Bener Law Office
    Bener Law Office
  • Article

    New Precedent Re Bankruptcy Claims

    For the last few decades, the Court of Appeal's ("CoA") approach to arbitration clauses vis-à-vis bankruptcy cases has been extremely rigid. The CoA used to hold that Turkish courts had exclusive jurisdiction in...
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Pekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)
    Pekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)
  • Article

    Fight With COVID-19: Turkish Enforcement And Bankruptcy Proceedings Suspended

    In scope of the various response measures implemented by the Turkish government to prevent the spread of the coronavirus (COVID-19) in Turkey, the President of the Turkish Republic issued the...
    TurkeyCoronavirus (COVID-19)
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Full Lockdown In Turkey

    After high infection and death rates, it was decided to enter into a full lockdown from 29 April to 17 May 2021 in Turkey.
    TurkeyCoronavirus (COVID-19)
    Ozbek Attorney Partnership
    Ozbek Attorney Partnership
  • Article

    Turkish Authorities Implement Additional Measures In The Judiciary To Curb Spread Of COVID-19

    The authorities continue to implement precautions in the judiciary system in order to prevent the spread of the COVID-19 disease caused by the new corona virus,...
    TurkeyCoronavirus (COVID-19)
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Amendment To The Application Of TCC Article 376: Extension Of The Implementation Period Of Temporary Article 1 Until 2027

    With the regulation published in the Official Gazette dated 10 December 2025, the validity period of the application set out under the Temporary...
    TurkeyCorporate/Commercial Law
    Bener Law Office
    Bener Law Office
  • Article

    Determination Of Insolvency According To Turkish Commercial Code Numbered 6102 ("New TCC")

    Balance Sheet Insolvency expresses the situation where the liabilities of a company exceed its assets.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Kaçar, Attorneys at Law
    Kaçar, Attorneys at Law
  • Article

    Extension Of The Exemption Period In Capital Loss And Over - Indebtedness Calculations

    Article 376 of the Turkish Commercial Code No. 6102 ("TCC") regulates the determination of capital loss and insolvency situations in companies, and the procedures and principles to be followed in such cases are detailed in the "Communiqué on the Procedures and Principles.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Egemenoglu
    Egemenoglu
  • Article

    Term Of The Financial Restructuring Process Has Been Extended For 2 Years

    With this extension, the term of the regulations which entered into force in 2019 and forming the legal basis of the financial restructuring process, has been extended until 2023.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkish Courts Prohibited From Considering Bankruptcy Postponement Applications During State Of Emergency

    Turkey has introduced regulations regarding new and existing bankruptcy suspension requests and company guardians in the wake of the 90 day of State of Emergency declared on 21 July 2016.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Your Debtor's Assets Are Just A Click Away!

    The Regulation on Investigating Asset, Right and Receivable through the National Judiciary Informatics System (the "Regulation") has been published in the Official Gazette.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Ersoy Bilgehan
    Ersoy Bilgehan
  • Article

    Laws Regulating Monetary Limits In Appeal Applications Have Been Amended

    Within the scope of the Law on the Execution of Penalties and Security Measures and the Law Amending Certain Laws ("Law"), which was published in the Official Gazette dated 4 June 2025...
    TurkeyLitigation, Mediation & Arbitration
    Moroglu Arseven
    Moroglu Arseven
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