FINANCIAL RESTRUCTURING & ENFORCEMENT

Ülken Law Firm offers restructuring services to companies. With its experience in the sector. Ülken Law Firm provides support to individuals and companies as a solution partner by assisting in the planning phase.

Business activities of our services offered ensure the continuity of companies facing financial difficulties and are as follows:

·         To analyze financial and legal situation of our client

·         According to the results of the analysis, to determine the financial structure and legal and financial strategy for continuation of the business activities.

·         Doing or organizing the necessary work to be done  in the context of the identified strategies and processes without being subject to sanctions

·         Following up the company’s or individual’s litigation and enforcement proceedings according to the identified strategies

·         Determining strategies to participate in negotiations with creditors against their payment claims to individuals and companies and taking part in these negotiations

·         Collateral management

·         Taking part in the contract/protocol preparation phase that will be signed between debtor and creditors according to their mutual agremeent

Our services under the Enforcement Law practice include:

·         To initiate execution proceedings

·         Follow-up from the files of the debtor’s assets (movable and immovable property and other rights and claims) and then put foreclosures on the sale of goods and performing the collection of the receivables

·         Taking part in the contract/protocol preparation phase that will be signed between debtor and creditors according to their mutual agremeent

In case of the companies’ or individuals’ bankruptcy or suspension of bankruptcy we offer the following legal services:

·         Determination of a strategy for the collection of receivables and forcing the debtor to pay his debt

·         Taking part in bankruptcy or suspension of bankruptcy law suits on behalf of our client, following up the cases according to determined strategy

·         Organizing the registration process to the bankruptcy authorities in case the debtor is bankrupt

·         Being a candidate in the bankruptcy estate as a creditor according to the determined strategy and if chosen as a bankruptcy estate trustee we execute the dissolution of the company according to bankruptcy rules