Financial Restructuring & Insolvency
Egemenoğlu has long maintained an active presence in Turkish bankruptcy courts, representing some of the highest-profile restructurings and bankruptcy cases in Türkiye. We have a longstanding history of representing a diverse range of clients—including borrowers, lenders, creditors’ committees, purchasers, and sellers of distressed assets—both in bankruptcy proceedings and in significant litigation, encompassing both transactional and contentious matters.
Egemenoglu has long maintained an active presence in Turkish commercial and execution courts, representing some of the highest-profile restructurings and insolvency cases in Türkiye. We have a longstanding history of representing a diverse range of clients—including borrowers, lenders, creditors’ committees, purchasers, and sellers of distressed assets. Our representation spans bankruptcy proceedings, complex litigation arising from execution proceedings, and significant commercial disputes, encompassing both transactional and contentious matters.
Our practice is at the forefront of debt restructuring, guiding clients through complex negotiations between debtors and creditors. A key focus is advising financially distressed companies on leveraging composition with creditors (concordatum), a legal mechanism that grants temporary protection from creditors. We also act swiftly and effectively in debt recovery proceedings, helping businesses secure their receivables and maintain financial stability through enforcement actions, precautionary measures, and bankruptcy filings where necessary. Egemenoglu was the first law firm in Türkiye to successfully initiate composition with creditors (concordatum) proceedings for a client and the first to secure a full debt restructuring through the process, setting a precedent in Turkish insolvency practice. Yunus Egemenoglu played a pivotal role in advancing the financial restructuring and insolvency practices in Türkiye. Under his leadership, Egemenoğlu has become a leading authority in this domain, earning both Yunus Egemenoğlu and the firm recognition from leading publications, including consistent rankings in the Legal 500 and Chambers. Recognized for our leadership in restructuring and insolvency, we are a trusted advisor to local debtors seeking strategic solutions to financial distress.
Our Services
- Composition with Creditors (Concordatum Proceedings) – Providing strategic legal guidance throughout the process
- Execution Proceedings – Representing clients in all aspects of enforcement and collection proceedings under Turkish Enforcement and Bankruptcy Law,including initiating and following up on payment orders attachment and foreclosure processes, enforcement of foreign judgments and arbitral awards,objection and appeal procedures
- Bankruptcy Litigation – Representing creditors, debtors in bankruptcy proceedings before Turkish commercial courts, including asset recovery, creditor claims, and liquidation processes
- Corporate Debt Restructuring – Advising financial institutions, corporate borrowers, and investors on large-scale debt restructuring strategies, including syndicated loan workouts and distressed asset management
- Creditor & Debtor Representation – Protecting the rights and interests of both creditors and debtors in all stages of insolvency, including enforcement actions, debt collection, participation in creditor committees, and the management of all lawsuits and judicial proceedings arising from or within the scope of execution proceedings
- Distressed Transactions & Asset Dispositions – Advising on the sale of companies and going concerns during bankruptcy and concordatum processes; managing asset-based sales, assignment of receivables (cessio), and portfolio sales; and consultancy on the acquisition of companies or assets through enforcement and auction proceedings
- Corporate Liability & Governance – Advising on the personal liability of company directors and shareholders; representing clients in liability lawsuits under the Turkish Commercial Code (TCC) and Enforcement and Bankruptcy Law (EBL); and conducting risk analyses for Boards of Directors
- Banking & Finance Advisory – Reviewing and advising on the technical terms, conditions, and legal implications of documentation regarding banks and financial institutions.
- Financial Distress Advisory – Delivering proactive legal support in identifying early signs of financial distress, developing turnaround strategies, and mitigating legal and commercial risks
- Regulatory Compliance & Risk Mitigation – Ensuring full compliance with evolving Turkish insolvency and enforcement laws, including risk assessments, internal policy reviews, regulatory reporting obligations; developing innovative legal solutions across various financing structures by closely monitoring shifting financial landscapes and collaborating with lenders, borrowers, sponsors, and investors.
