Bankruptcy & Insolvency Law
Bankruptcies are rare in Turkey due to unfavorable conditions to creditors and complex regulation. However, a procedure titled 'Bankruptcy Suspension' allowing insolvent companies a chance to restructure their debts and organization is very popular since it allows debtors to suspend any collection efforts against their businesses.
ADMD assists troubled companies, debtors and creditors through the complex maze of substantive, procedural and practical issues that arise during restructuring or reorganization. In addition we provide services concerning execution proceedings and bankruptcy filings.