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    Finansal Yapılandırma ile İlgili Önemli Değişiklikler
    2019-07-23

    Yeni Gelişmeler

    Gelir Vergisi Kanunu ile Bazı Kanunlarda Değişiklik Yapılması Hakkında Kanun ("Torba Kanun") 19 Temmuz 2019 tarih ve 30836 sayılı Resmi Gazete'de yayımlanarak yürürlüğe girdi. Torba Kanun finansal yeniden yapılandırmaya ve gelir vergisine ilişkin düzenlemeler içeriyor.

    Torba Kanun ne getiriyor?

    Finansal Yeniden Yapılandırma

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Muhsin Keskin , Dr. Erdal Ekinci
    Location:
    Turkey
    Firm:
    Baker McKenzie
    Secured Lending in Turkey: Pledge over Bank Accounts
    2018-06-04

    Introduction

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Gurulkan Çakır, Collateral (finance), Accounts receivable, Debt
    Authors:
    İhsan Daldaban
    Location:
    Turkey
    Firm:
    Gurulkan Çakır
    Reform in Restructuring and Insolvency Practice
    2018-07-17

    On 15.03.2018 Amendments to Enforcement and Bankruptcy Law has been introduced by Law No. 7101 and published in the Official Gazette. The most significant changes are as follows:

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Kaçar Attorneys at Law, Bankruptcy, Debt restructuring
    Authors:
    Çağlar Kaçar
    Location:
    Turkey
    Firm:
    Kaçar Attorneys at Law
    Progress with new restructuring rules in Turkey
    2018-10-04

    The recent volatility experienced in Turkish financial markets and in particular the devaluation of Turkish lira have brought many borrowers to the brink of default. This has prompted the Turkish authorities to take action. Accordingly, the Banking Regulatory and Supervision Authority in Turkey (the “BRSA”) has published a new set of restructuring rules, the Regulation on the Restructuring of Debts Owed to the Financial Sector (the “Restructuring Regulation”), which came into force on 15 August 2018.

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, CMS Legal
    Authors:
    Burcu Boso , Kaan Saadetlioglu , Emir Baran
    Location:
    Turkey
    Firm:
    CMS Legal
    Details of Movable Pledge Revealed
    2017-01-20

    The Turkish collateralization system was recently updated through the introduction of the Law No. 6750 on Movable Pledges (the “Movable PledgeLaw”).

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Muhsin Keskin , Duygu Turgut
    Location:
    Turkey
    Firm:
    Baker McKenzie
    Trade alert - Turkey
    2014-10-31

    Turkish corporates have increasingly utilised international debt markets in the last decade, particularly in the infrastructure and energy sectors. These corporates are now under pressure due to recent political instability and depreciation of the Turkish lira. Restructuring candidates in 2014 have included Yuksel, the construction company which was last in discussions with bondholders and local lenders mid-year. Below we take a look at key legal issues for loan traders in Turkey.

    Filed under:
    Turkey, Banking, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, Tax, Cadwalader Wickersham & Taft LLP
    Location:
    Turkey
    Firm:
    Cadwalader Wickersham & Taft LLP
    Bankruptcy protection provides an “easy way out” in Turkey
    2016-07-14

    Recent development

    Filed under:
    Turkey, USA, Banking, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Muhsin Keskin
    Location:
    Turkey, USA
    Firm:
    Baker McKenzie
    Turkish Central Bank to Provide Extra Market Liquidity through Reserve Ratio Adjustments
    2016-08-11

    Recent development

    Seeking to ensure that the market has sufficient available liquidity following the recent political and economic developments in Turkey, the Central Bank of Turkey (the "Central Bank") reduced the Turkish banks' reserve requirements for Turkish lira liabilities on August 10, 2016. The changes will take effect on August 12, 2016.

    New TRY reserve requirements

    The Central Bank has reduced the reserve requirement ratios for banks' Turkish Lira ("TRY") liabilities by 50 basis points for each maturity bracket:

    Maturity New Ratios Previous Ratios

    Filed under:
    Turkey, Banking, Capital Markets, Insolvency & Restructuring, Baker McKenzie, Market liquidity, Option (finance), Liability (financial accounting), Economy, Maturity (finance), Bank reserves, Central bank
    Location:
    Turkey
    Firm:
    Baker McKenzie
    Відповідальність керівника боржника та його учасників у процедурі банкрутства
    2019-01-28

    Головною проблемою процедури банкрутства в Україні є її неефективність. Найкраще тому підтвердження – це статистика, яка вказує, що кредитор у середньому отримує лише 6-7% від розміру своїх грошових вимог, тобто лише 6-7 грн. зі 100 грн. боргу. Причина цьому очевидна: як правило, боржник потрапляє в процедуру банкрутства майже з «порожніми кишенями» та нульовим балансом, а кредиторам залишається шукати те, що залишилося, і ділити між собою.

    Filed under:
    Ukraine, Banking, Insolvency & Restructuring, Litigation, Vasil Kisil & Partners
    Authors:
    Yurii Kolos
    Location:
    Ukraine
    Firm:
    Vasil Kisil & Partners
    Банкрутство фізичної особи: навіщо і для кого?
    2019-02-26

    Прийняття Кодексу України з процедур банкрутства привернуло увагу юридичної спільноти до проблем, пов’язаних із цією сферою юридичної практики. Як не дивно, найбільш обговорюване питання – це процедура банкрутства фізичної особи (та фізичної особи-підприємця) за новим Кодексом, яка є найпомітнішою новелою цього документа.

    Filed under:
    Ukraine, Banking, Insolvency & Restructuring, Litigation, Real Estate, Vasil Kisil & Partners, Bankruptcy
    Authors:
    Юрій Колос
    Location:
    Ukraine
    Firm:
    Vasil Kisil & Partners

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