emlakkulisi.com

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Uğurtoprak İnşaat'a 1 yıl kesin konkordato koruması!

Executive Summary

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The Istanbul 3rd Civil Commercial Court has granted Uğurtoprak İnşaat and Mehmet Yorulmaz a one-year definitive conciliation period. This legal measure, issued under the Enforcement and Bankruptcy Law, provides the company with a period to restructure its finances and avoid immediate liquidation. The protection period is set to begin on November 5, 2026.

Key Insights

  • The court granted a definitive conciliation period of one year to Uğurtoprak İnşaat.
  • The legal protection applies to Uğurtoprak İnşaat and Mehmet Yorulmaz.
  • The decision was made based on Article 289 of the Enforcement and Bankruptcy Law.
  • The court ordered the continuation of existing measures and the duties of the conciliation commissioner team.
  • The definitive conciliation period is scheduled to commence on November 5, 2026.

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Uğurtoprak İnşaat'a 1 yıl kesin konkordato koruması! — News Analysis