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Restructuring & Insolvency in Europe – Turkey

Turkey and Istanbul are both highly connected, as you might expect with their being on ancient trade routes and on Europe’s border with Asia. Turkish Airlines flies to more capital cities than any other airline (its London Gatwick – Istanbul service was certainly comfortable and efficient); and, despite heavy traffic and busy streets, moving around Istanbul can be very easy using its Metro. The World Metro Map will be familiar to Londoners at first sight, but look carefully at where you would expect to see Holborn!

Over the course of three days in early October 2014, INSOL Europe’s congress delegates learnt a good deal about Turkey, from the parallels between its financial crash in 2000 and the global financial crisis seven years later, to its legal system and insolvency regime. Such learning – and the people we know – helps us to solve cross-border insolvency problems.

 

 

Date: 22nd October, 2014
Author: Chris Laughton

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