As in the rest of the world, the coronavirus (“COVID-19”) pandemic has caused significant disruption in the Turkish economy and financial markets. In response, the Turkish Government has introduced an economic stimulus...more
6/10/2020
/ Banking Sector ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Credit Insurance ,
Economic Stimulus ,
Employee Retention ,
Federal Funding ,
Financial Assistance Policies ,
Financial Institutions ,
Financial Markets ,
Lenders ,
Liquidity ,
Loans ,
Relief Measures ,
Small and Medium-Sized Enterprises (SMEs) ,
Turkey
At a time of vast capital outflows (withdrawals from emerging markets in the period 21 January – 24 March were reported by the Institute of International Finance at $83 billion), commodity price falls and wider global market...more
As more Turkish companies begin to report liquidity issues and economic pressures begin to bite, successful financial restructurings are likely to become increasingly critical to the prosperity of the Turkish economy...more
4/15/2019
/ Bonds ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Credit Institutions ,
Debt Restructuring ,
Depreciation ,
Financial Institutions ,
Foreign Investment ,
Liquidity ,
Scheme of Arrangement ,
Turkey