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FAQ · Transaction Advisory

Are creditors’ rights protected during the restructuring process?

Yes; the Turkish Commercial Code sets out provisions for the protection of creditors in transactions such as conversion of company type, division, and capital reduction. Certain notification, announcement, and security mechanisms may come into play in these transactions. As we design the process, we take these protective rules into account from the outset and ensure compliance.

Updated · July 20261 min readCategory · Transaction Advisory
Short answer

Yes; the Turkish Commercial Code sets out provisions for the protection of creditors in transactions such as conversion of company type, division, and capital reduction. Certain notification, announcement, and security mechanisms may come into play in these transactions. As we design the process, we take these protective rules into account from the outset and ensure compliance.

Yes; the Turkish Commercial Code sets out provisions for the protection of creditors in transactions such as conversion of company type, division, and capital reduction. Certain notification, announcement, and security mechanisms may come into play in these transactions. As we design the process, we take these protective rules into account from the outset and ensure compliance.

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This content is for general information purposes only and does not constitute legal advice. For an assessment specific to your situation, please get in touch with our team.
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