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Asset-based financing (ABL) is built on a simple idea: credit should follow value. Instead of lending primarily against a borrower’s balance-sheet strength or projected cash flows, the lender focuses on identifiable assets—receivables, inventory, machinery, and sometimes bank accounts and structures the facility so that loan availability expands or contracts with the value of those assets. […]
In commercial life, credit runs on trust—but trust is usually backed by security. In Turkey, the strongest form of security is not a promise to pay; it is a right that “sticks” to an asset and can be asserted against third parties. These rights are commonly called in rem security interests (ayni teminatlar). They are […]
Legal Status of Company Assets During Liquidation in Turkey (Corporate, Property, and Creditor Perspectives) Liquidation is the corporate law “endgame.” When a company in Turkey enters liquidation (tasfiye), the central purpose of the legal regime is to convert the company’s remaining value into money and distribute it according to legally recognized priorities. For shareholders, liquidation […]
Corporate demergers (bölünme) are frequently used in Turkey to separate business lines, isolate risk, prepare for investment, or reorganize group structures. Unlike a simple asset sale, a statutory demerger under the Turkish Commercial Code is designed to move assets and liabilities in an organized way—often with effects similar to universal succession for the transferred portions. […]
In mergers and acquisitions (M&A), the buyer’s goal is simple: acquire value with legal certainty. But value does not transfer automatically just because a share purchase agreement or merger plan is signed. In Turkey, whether assets, liabilities, contracts, and security interests move depends on the transaction structure—and the structure determines the legal mechanics of asset […]
Corporate transactions are not only about signing contracts—they are about moving value. In practice, value moves when ownership changes: ownership of shares, ownership of assets, ownership of inventory, ownership of receivables, and sometimes ownership of entire business units. In Turkey, the legal mechanics of transferring ownership vary significantly depending on what is being transferred and […]
Transportation of Goods Law in Turkey: A Practical Legal Guide for Shippers, Carriers & Logistics Companies Turkey sits on one of the world’s busiest trade corridors, which means transportation disputes are not “rare exceptions”—they are a predictable business risk. Whether you ship by road from Istanbul to the EU, export via Turkish ports, move cargo […]
Testamentary (Wills) and Inheritance Transactions Law in Turkey: A Legal and Practical Guide Inheritance matters in Turkey are rarely “just paperwork.” They often combine family dynamics, cross-border documents, real estate transfers, bank and company procedures, tax filings, and—when disputes arise—time-sensitive litigation. If you are planning your estate, administering a loved one’s estate, or claiming inheritance […]
Capital Market Law in Turkey: A Practical Legal Guide for Issuers, Investors, and Financial Institutions Turkey’s capital markets have expanded rapidly in recent years—driven by increased public offerings, a growing domestic investor base, and a more sophisticated regulatory framework. For companies considering an IPO, for investors assessing disclosure and governance risks, and for intermediaries providing […]
In Turkey, joint-stock companies (anonim şirket / A.Ş.) are the preferred vehicle for larger businesses, foreign investment structures, and transactions requiring greater flexibility in share transfers. For lenders and investors, this flexibility makes share pledges particularly attractive. A share pledge can secure financing while providing the creditor with strong leverage: if the borrower defaults, the […]
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