cupure logo

Bankruptcy News

Turkish Food Producer Ege Gıda Granted Temporary Bankruptcy Protection

Ege Gıda Granted Temporary Bankruptcy Protection

LIV Golf Files for Bankruptcy Protection to Restructure League, Plans 2027 Launch

LIV Golf files for bankruptcy protection

Aroma, 58-Year-Old Turkish Juice Brand, Faces Bankruptcy After Court Summons Creditors

58-Year-Old Turkish Juice Brand Aroma Faces Bankruptcy

Turkey hikes bankruptcy and concordat application fees

Turkey's Ministry of Justice has updated the Concordat Expense Advance Tariff, significantly increasing the fees required for bankruptcy and concordat applications. The bankruptcy expense fee has risen from 42,000 to 68,900 Turkish Lira.

Bankruptcy is a legal process where a debtor restructures debts or liquidates assets under court supervision.