NewsTwo major companies operating in Denizli are on the brink of bankruptcy!

Two major companies operating in Denizli are on the brink of bankruptcy!

Two major companies operating in Denizli are on the brink of bankruptcy!

06.01.2025 11:31

Two large companies operating in Denizli filed for concordat by requesting financial protection. The court issued a temporary concordat protection decision for both companies for a period of 3 months.

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The marble sector and corporate services provider, Erex Marble Mining Construction Transportation Tourism Import Export Industry and Trade Limited Company, which is a leader in its field, and TRNET Corporate Services Inc.'s request for financial protection has caused astonishment.

COURT GRANTED A 3-MONTH PROTECTION ORDER

The Denizli 1st Commercial Court evaluated the companies' concordat applications and granted a 3-month temporary protection order for both companies. During this process, it is planned to improve the financial conditions of the companies and conduct negotiations with creditors.

CONCORDAT COMMISSIONER TEAMS APPOINTED

The court appointed commissioner teams to manage the processes of the companies:

For Erex Marble:

Independent auditor Hatmeş Belfu Dinğil

Financial advisor Engin Erenler

Lawyer Canan Ulutürk Akçil

For TRNET Corporate Services Inc.:

Financial advisor Hatmeş Belfu Dingil

Independent auditor Emine Karaman

Lawyer Jülide Keleş Yarışan

OBJECTIVE: FINANCIAL ARRANGEMENT AND COMPROMISE

The aim of this process is to rectify the financial conditions of the companies and to reach a compromise with creditors. The concordat decision is critically important for the companies to find an opportunity for restructuring and to continue their operations.



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