Yunus Egemenoğlu participated to “Yatırım Kulübü” (which basically means “Investment Club”) broadcasted on Bloomberg TV. 12 April 2016
Mr. Egemenoğlu treated the legal dimension of increase of the suspension of bankruptcy proceedings lately, while Professor Sakrak touched on economical dimension of this proceedings.
Mr. Egemenoğlu made mention of the companies in Turkey in terms of suspension of bankruptcy, the reasons of the suspension of bankruptcy, the sectors of the companies asking it, he gave detailed information on its legal process and especially the appointment of the administrator. He also emphasized the part of the expert witness in this process.
While stating that the suspension of bankruptcy may have negative impact on companies, Mr Egemenoğlu remarked that it’s also because the process is not well managed due to the fact that companies are not very aware of their real assets and that many breaches of law are often occured during this process.
Other News
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14.2.2019
Rent Increase Rate Has Changed
Law Amending the Tax Laws and Certain Laws and Legislative Decrees (“Law”) was published in the Official Gazette dated 18 January 2019 and numbered 30659.
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1.2.2019
The Regulation on the Documents To Be Attached To The Concordatum Request Was Published
The Regulation on the Documents that are to be attached to Concordatum Request (“Regulation”) of which object is to regulate rules and procedures regarding the documents to be attached to concordatum request was published and entered into force on January 30th, 2019.
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7.1.2019
New Period For Automatic Participation in Compulsory Individual Annuity Insurance
We would like to remind you about the employees who were included in the compulsory individual annuity insurance on 1 January 2019.
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27.12.2018
Regulation on Electronic Notification Has Been Published
Regulation on Electronic Notification (“Regulation”) regarding electronic notification which will be made through Post and Telegraph Corporation (“PTT”) by component authorities which are entitled to serve a notification pursuant to the Notification Law, has been published on the Official Gazette numbered 30617 dated 6 December 2018.
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20.12.2018
Execution Proceedings For Pecuniary Claims Arising Out Of Subscription Agreements Will Be Conducted Online
The Bill of Law on the Execution Proceedings for Pecuniary Claims Arising out of Subscription Agreements (“Law”) which is bringing crucial amendments to the execution proceedings for pecuniary claims arising out of subscription agreements has been published in the Official Gazette dated 19 December 2018.
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19.12.2018
Obligatory Mediatiıon For Commercial Disputes Is Coming
The Law on the Execution Proceedings for Pecuniary Claims Arising out of Subscription Agreements (“Law”) which brings obligatory mediation for commercial disputes has been published on the Official Gazette dated December 19th, 2018.
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17.12.2018
Debtor’s Assets Check System Is Coming
The Bill of Law on the Execution Proceedings for Pecuniary Claims Arising out of Subscription Agreements (“Law”) which amends the Enforcement and Bankruptcy Law has been passed into law by being adopted by the General Assembly of the Parliament.
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10.12.2018
Amendment To Provisions Of Concordatum
The Bill of Law on Procedure of Commencing Execution Proceedings of Receivables Arising from Subscription Agreements ( “Law”) amending various articles of Bankruptcy and Enforcement Law including provisions of concordatum has accepted by Grand National Assembly Of Turkey and has passed into law. The law is expected to be published in the Official Gazette in the upcoming days and the amendments are expected to come into force in soon. We would like to submit the amendments accepted in accordance with the law in terms of concordatum to your information below.
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22.11.2018
Amendment On The Regulation On Restructuring Of Debts Owed To Financial Sector
The Regulation Amending the Regulation on Restructuring of Debts Owed to Financial Sector (“Regulation”) which aims to amend the Regulation on Restructuring of Debts Owed to Financial Sector which was published on the Official Gazette dated August 15th, 2018, numbered 30510, and which of purpose was to provide debtors, who are in credit relation with banks, leasing companies, factoring companies and financing companies operating in Turkey, an opportunity to fulfill of their repayment obligations and to make sure that they continue to contribute employment, concerning credit debts owed by institutions above mentioned and with the measures to be taken within framework agreements and contracts, has been entered into force by being published on the Official Gazette numbered 30602 dated November 21st, 2018.
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9.10.2018
The Communique Related to the Decree on the Protection of the Value of the Turkish Currency Numbered 32, Prepared by the Ministry of Treasury and Finance
By the Decree amending the Decree on the Protection of the Value of the Turkish Currency numbered 32 published on September 13th, 2018 (“the Decree”), it has been decided that prices of real estate and movable purchase and sell contracts , all kinds of movable and real estate rental contracts including vehicle renting and financial leasing, employment, leasing, service and construction contracts executed between residents in Turkey shall not be drawn in foreign currency or foreign currency indexed. It has been also indicated in the Decree that details regarding the implementation of the Decree will be issued by the Ministry of Treasury and Finance.
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16.10.2018
Egemenoglu is retained for the third time at the ICSID arbitration against Turkmenistan
Egemenoglu and Butzel Long LLP is retained by Sehil İnsaat Bankruptcy administration in the arbitration against the Turkmenistan at ICSID.
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3.9.2018
The Effect Of Paid Military Service On The Employment Contract
The provisional article added to the Military Law Act No.1111 about “Paid Military Service” with “The Law Concerning Amendments in the Military Law Act No.7146 and Other Laws and in the Statutory Decree No. 663” published on the Official Gazette No.30498 dated August 3, 2018 claimed its place in the business world’s agenda
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17.8.2018
What Is Important About Workıng On General Holiday Days?
It is seen that some of the questions which are frequently encounter during the national holidays and the general holidays are also on the agenda for the Feast of Sacrifice for both employers and employees.
