yazarı
lawyerfbc
When a company enters voluntary liquidation in Turkey, control typically shifts from “normal management” to the liquidator. Many shareholders—especially foreign shareholders—assume liquidation is a simple administrative wrap-up. In reality, the liquidator’s decisions determine whether the company exits cleanly or ends up stuck due to creditor disputes, tax/SGK problems, or allegations of improper asset handling. This […]
yazarı
lawyerfbc
Sooner or later, every business faces a strategic question: continue, restructure, sell—or exit. In Turkey, exiting a company is not “just closing the doors.” The legal route you choose—voluntary liquidation, bankruptcy, or concordat—has different consequences for shareholders, managers/directors, creditors, and ongoing contracts. This article explains company liquidation and insolvency processes in Turkey in a practical, […]
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