Günay & Erdoğan is committed to helping its clients navigate the complex and demanding world of insolvency, composition and restructuring. Enforcement and insolvency law is a highly procedural field in which structuring the process correctly is often more decisive than the substantive rights at stake; the fact that one of Türkiye’s leading academics in civil procedure and enforcement and insolvency law is among our founding partners is the foundation of our depth in this area. Our experienced team provides comprehensive legal support from the earliest stages of an insolvency petition and application through to the final stages of liquidation.
We assist clients on all aspects of enforcement, insolvency and composition proceedings, including preparing the necessary documentation and negotiating with creditors. In composition proceedings, we are with our clients throughout, from assessing the debtor’s financial position and recovery plan and preparing applications for interim and definitive moratoria, to managing relations with the composition commissioner and handling the creditors’ meeting and the approval of the plan. In recent years, we have seen growing demand for advice on financial restructuring framework agreements, non-performing loans and asset management companies. Our team provides specialist advice in these areas, supporting clients in preparing and managing financial restructuring processes, in restructurings under framework agreements, in reconfiguring security structures and in multi-party negotiations with creditors.
Günay & Erdoğan understands the difficulties our clients face in insolvency, composition and restructuring. Our aim is to provide strategic legal guidance and support that takes account of commercial and financial consequences, and to help our clients achieve the best possible outcome.