In order to reorganize our clients’ business structure and assist them in financially caused legal distress, we have the necessary range of legal and commercial skills and varied expertise from different practice areas.
We offer legal advisory to the troubled companies, boards of directors, management, owners, creditors, and investors in the full spectrum of all restructuring transactions, including financial recapitalizations, business reorganizations, liquidations, and acquisitions.
How we help
We advise troubled companies, boards, owners, creditors and investors across the full spectrum of restructuring — from financial recapitalisations and operational reorganisations to distressed M&A and orderly wind-downs. The goal is to preserve value and keep options open while the company stabilises.
- Financial recapitalisations, debt rescheduling and creditor negotiations
- Business reorganisations, mergers, demergers and spin-offs under the Turkish Commercial Code
- Distressed M&A and asset carve-outs
- Concordat (composition) and insolvency-adjacent planning
- Shareholder, board and management restructuring
Related practice areas
This connects with our Corporate Law, M&A and Corporate Governance practices.
We provide innovative solutions to our clients involved in distressed company situations, allowing clients to enhance value, minimize costs and properly position themselves for the future.
Our company restructuring service is customized for our clients’ legal needs and including, but not limited to, the following:
- Distress-related resources such as litigation, tax, finance, benefits, and M&A
- Enabling to see the entire picture and offering valuable perspectives
- Restructuring experience in all major industries
- Risk management
Other Practice Areas
Frequently Asked Questions
When is a merger or demerger tax-neutral in Türkiye?
Under Corporate Tax Law articles 19–20, a full merger or demerger at book values with continuity of the enterprise does not trigger corporate tax. Partial demergers have stricter conditions — participation shares or production/service units must be transferred as a functioning whole. Breaking a condition converts the step into a taxable disposal.
How long does a statutory merger take?
Typically two to four months: interim balance sheets and valuation, merger agreement and board reports, general-assembly approvals on both sides, and trade-registry registration. SMEs can waive some reports with unanimous shareholder consent, which shortens the timeline.
When is concordato the right tool?
Concordato suits a fundamentally viable business facing a liquidity crunch: it provides court-ordered protection from enforcement while a restructuring plan is negotiated with creditors. Courts grant a three-month temporary period, extendable through the definitive phase. It is not a fit for businesses whose model itself has failed.