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 […]
When a company in Turkey seeks financing—whether from banks, private lenders, or investors—security over the company’s assets often becomes a central negotiation point. For creditors, a pledge is a way to reduce credit risk, improve recovery prospects, and strengthen bargaining power in distress. For companies, asset-based security can unlock funding, improve pricing, and make transactions […]
When a company in Turkey enters financial distress, the legal landscape shifts quickly. Creditors become more aggressive, cash flow tightens, and management is forced to prioritize survival. In this environment, concordat (konkordato) is often used as a court-supervised restructuring framework aimed at allowing the debtor to continue operating while negotiating a binding repayment plan with […]
In secured finance, a pledge is not only a contract—it is also a publicity mechanism. Lenders extend credit on the assumption that their security interest will be visible to third parties and enforceable against competing claims. This is why registry systems are so important. In Turkey, enterprise-related pledges and movable security structures rely heavily on […]
A security interest is only as valuable as its enforceability. Lenders may spend months negotiating a pledge package, registering it, and monitoring collateral—yet the real test arrives when the debtor defaults. At that point, the creditor’s question is not theoretical: How do we turn pledged enterprise assets into cash recovery, and how long will it […]
In secured lending, the real value of collateral is not merely that a creditor has a pledge—it is where that creditor ranks when multiple parties claim rights over the same asset pool. This ranking is commonly referred to as priority. Priority becomes decisive in default and insolvency because it determines which creditor gets paid first […]