Execution, Insolvency & Corporate Restructuring

ErsoyBilgehan provides a broad range of advice and assistance to companies facing financial difficulties, both before and after bankruptcy. We represent creditors, in particular banks and investment funds, in connection with the renegotiation and restructuring of secured and unsecured bank loans and other debts. We also represent listed and non-listed companies in restructuring their debt.

Image

The breadth of our team enables us to offer innovative assistance in relation to formal and informal restructuring assignments.

We advise on all aspects of corporate restructuring and insolvency including:

  • execution of court judgements
  • debt rescheduling, moratoria and forgiveness
  • debt for equity swaps
  • covenant waivers
  • distressed fundraising
  • lender exit strategies, including secondary debt trading
  • improved security packages and other enhancements for lenders
  • assistance with analysis of financial situation: failure to pay current liabilities out of current assets, assets and liabilities, security interests and their enforceability
  • assistance to and representation of bank creditors, note holders, credit insurers and suppliers in pre-bankruptcy restructuring negotiations and in pre-bankruptcy processes aimed at reaching an amicable settlement
  • assistance and representation in Turkey of Turkish subsidiaries of foreign companies involved in bankruptcy proceedings in their country
  • drafting of documentation: conciliation protocol, restructured debt agreements, credit documentation, transfers of claims and equity, security interests
  • representation of and assistance to creditors during bankruptcy proceedings
  • filing of claims
  • analysis of reorganisation plans and their consequences to creditors
  • procedural follow-up, in the case of liquidation proceedings
  • actions before the judge overseeing the bankruptcy procedure, the Commercial Court and the Court of Appeals (claims, claim disputes, voidance of contracts, asset transfers)
  • litigation involving lenders’ or managers’ liability

Our Lawyers Specializing on Execution, Insolvency & Corporate Restructuring