SUMMIT 2025 | "Turkey Needs a Preventive Restructuring Law" - Önder Yılmaz

In Turkey, companies' methods of dealing with financial crises are mostly reactive. That is, after the insolvency occurs, processes such as concordat or liquidation are applied. However, "preventive restructuring" models applied in advanced economies enable companies to rehabilitate their financial and operational structures before they become unable to pay their debts.

In his speech at Summit 2025, TMA Turkey | FOYDER President Önder Yılmaz analyzes the importance of establishing a legal infrastructure for this model in Turkey, the draft works, and the benefits it will bring to the financial system and the real sector.