The insolvency and Bankruptcy team provides advice regarding formal insolvency and bankruptcy with particular expertise in multi-jurisdictional and multi-creditor transactions. Clients are led through Turkish insolvency and bankruptcy proceedings and legislation, the attaining of out-of-court arrangements and complex negotiations. The range of services includes:

• Representation of creditors prior and following a debtor’s insolvency
• Representation of debtors in insolvency proceedings
• Rescission proceedings
• Mergers and acquisitions of troubled estates
• Purchase and sale of assets at bankruptcy
• Out-of-court settlements
• Bankruptcy litigation
• Collateral arrangements

The client portfolio financial and non-financial institutions:

• Debtors
• Creditors
• Creditors’ committees
• Secured and unsecured creditors
• Purchasers
• Plan sponsors
• Trustees
• Bondholders
• Asset purchasers
• Shareholder groups