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    Finansal Yeniden Yapılandırma Araçları Kredi Verenler ve Borçlular Tarafından Kullanılmaya Devam Edecek
    2021-07-16

    Yeni Gelişme

    4299 sayılı ve 14 Temmuz 2021 tarihli Cumhurbaşkanlığı kararı ile Çerçeve Anlaşmalar kapsamında gerçekleştirilen finansal yeniden yapılandırma işlemlerini ve bu işlemler için tanınan teşvikler ve vergi muafiyetlerini düzenleyen Bankacılık Kanunu’nun geçici 32. maddesinin geçerlilik süresi iki yıl daha uzatıldı. Geçici 32. Madde ve Çerçeve Anlaşma’ya ilişkin bültenlerimize aşağıdaki bağlantılardan ulaşabilirsiniz:

    Değişiklik Ne Getiriyor?

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Muhsin Keskin
    Location:
    Turkey
    Firm:
    Esin Attorney Partnership
    Financial Restructuring Tools to Continue to be Used by Creditors and Debtors
    2021-07-16

    Recent development

    With a presidential decision numbered 4299 and dated 14 July 2021, the effectiveness of Temporary Article 32 of the Banking Law regulating the financial restructuring transactions and related incentives and tax exemptions contemplated under the Framework Agreement has been extended for an additional two years. Please refer to the following links for our alerts on the introduction of Temporary Article 32 and the Framework Agreement:

    What’s new?

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Muhsin Keskin
    Location:
    Turkey
    Firm:
    Esin Attorney Partnership
    İcra ve İflâs Kanunu’nda Yapılan Birtakım Değişiklikler ile İşletmelerin Bir Bütün Halinde Satılarak Paraya Çevrilmesinin de Önü Açılmış Oldu
    2021-06-23

    09.06.2021 tarihinde kabul edilen, 19.06.2021 ihdas ve yürürlük tarihli ve 31516 sayılı Resmî Gazete’de yayınlanan “7327 Sayılı İcra ve İflâs Kanunu ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun” [“Kanun”] ile 2004 sayılı İcra ve İflas Kanunu’nda [“İİK”] birtakım değişiklikler yapılmış olup bu değişiklikler aşağıda bilgilerinize sunulmaktadır.

    İİK’nın “Malların paraya çevrilmesi usulü” Başlıklı 241. Maddesinde Yapılan Değişiklik 

    Filed under:
    Turkey, Insolvency & Restructuring, Güleryüz Partners, Coronavirus
    Authors:
    Tarık Güleryüz , Barış Ülker
    Location:
    Turkey
    Firm:
    Güleryüz Partners
    Amendments to the Execution and Bankruptcy Law: It is Now Possible to Sell Businesses as a Whole
    2021-06-23

    On June 19, 2021, the Law No. 7327 Amending the Execution and Bankruptcy Law and Some Other Laws [“Amendment Law”] was published in the Official Gazette, and accordingly, significant amendments have been introduced to the Execution and Bankruptcy Law [“EBL”]. This client alert aims to outline these amendments. 

    Amendment to Article 241 of the EBL titled "Procedures of realization of assets" 

    Filed under:
    Turkey, Insolvency & Restructuring, Güleryüz Partners, Coronavirus
    Authors:
    Tarık Güleryüz , Barış Ülker
    Location:
    Turkey
    Firm:
    Güleryüz Partners
    The Law on Restructuring and Tax Base Increase Has Been Published
    2021-06-17

    Introduction

    Law No. 7326 (“Law”) regarding the Restructuring of Certain Receivables and Amending Certain Laws has entered into force following its publication in the Official Gazette on 9 June 2021. You can read the Law here. (Available in Turkish only).

    Filed under:
    Turkey, Insolvency & Restructuring, Tax, CBC Law, Coronavirus
    Authors:
    Oytun Canyas , Baran Arslanargin
    Location:
    Turkey
    Firm:
    CBC Law
    Debt Collection Series-4: Collection of Debts from Bankrupt Entities in Turkey
    2021-06-14

    In the ordinary course of commercial life, “bankruptcy” may be inevitable for financially distressed companies. In such case, the question arises with respect to the status of receivables from the bankrupt entity and how they will be collected.

    General Information on Bankruptcy

    Filed under:
    Turkey, Insolvency & Restructuring, Güleryüz Partners
    Authors:
    Tarık Güleryüz , Barış Ülker
    Location:
    Turkey
    Firm:
    Güleryüz Partners
    Debt Collection Series-1: Interim Attachment Order Against Debtors in Turkey
    2021-06-10

    Interim attachment is a provisional remedy under the Enforcement and Bankruptcy Law No. 2004 [ the “EBL” ] which individuals or legal entities can request for their monetary claims. Thanks to this institution, the debtor’s assets could be frozen to secure due yet unsecured debts, and as a result, the debtor would be forced to pay its debt. 

    3 [three] conditions must be in place to get an interim attachment – these are: 

    1- A monetary claim must be in question

    Filed under:
    Turkey, Banking, Insolvency & Restructuring, Litigation, Güleryüz Partners
    Authors:
    Tarık Güleryüz , Barış Ülker
    Location:
    Turkey
    Firm:
    Güleryüz Partners
    İcra ve İflas Kanunu’nda Değişiklik Öngören Yasa Tasarısı ile Ticari ve İktisadi Bütünlük Kavramı Yeniden Gündemde
    2021-06-10

    Ticari ve iktisadi bütünlük kararı, esasen icra ve iflas hukukundan doğan bir müessese olmakla birlikte günümüzde sıklıkla Tasarruf Mevduatı Sigorta Fonu [“TMSF”] tarafından devralınan şirketler bakımından uygulama alanı bulmaktadır. İktisadi bütünlük kararının önemi hacze konu hak ve malların ayrı ayrı mı yoksa bu mal ve hakları bünyesinde bulunduran işletmelerin bir bütün halinde mi satılarak paraya çevrilmesi gerektiği noktasında toplanmaktadır. 

    Filed under:
    Turkey, Company & Commercial, Insolvency & Restructuring, Güleryüz Partners, Coronavirus
    Authors:
    Tarık Güleryüz , İ. Selin Nacar Öztürk
    Location:
    Turkey
    Firm:
    Güleryüz Partners
    COVID 19: Kambiyo Senedine Dayanan İcra ve İflas Takipleri Mayıs Sonuna Kadar Ertelendi ve Çek İbrazı Halinde Yapılacak İşlemlere Bazı Sınırlamalar Getirildi
    2021-05-03

    Yeni Gelişme

    Filed under:
    Turkey, Insolvency & Restructuring, Baker McKenzie
    Authors:
    Ismail G. Esin
    Location:
    Turkey
    Firm:
    Esin Attorney Partnership
    COVID-19: Enforcement and bankruptcy proceedings for commercial bills are postponed until the end of May and transactions made upon the submission of checks are restricted
    2021-05-03

    Recent development

    Filed under:
    Turkey, Insolvency & Restructuring, Baker McKenzie, Coronavirus
    Authors:
    Ismail G. Esin
    Location:
    Turkey
    Firm:
    Esin Attorney Partnership

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