A Guide for Share Transfers in Joint Stock and Limited Liability Companies in Turkey

On September 3, 2019 U.S. Department of Treasury Office of Foreign Assets Control (“OFAC”) has announced new sanction to entities based in Iran.

There is a concrete connection between M&A transactions and competition law since economic centralization may have negative effects in the market.

As per the Turkish Commercial Code dated 6102 and numbered 14.02.2011, Board of Directors (“BoD”) is the authorized body of a joint stock company (“JSC”) for the representation and management of the company.

Piercing the Corporate Veil (“Concept”) is a term of art describing the method used by courts to prevent companies’ shareholders from avoiding their responsibilities to third parties by sheltering to the limited liability of the company.

Today, most contracts have liability and damages clauses stipulated for the purpose of protecting the injured party (generally the obligee). However, as a result of the substantial increase in the international trade, contracts with multinational characte

Data Processing Agreements (“DPA”) are entered by and between data controllers and data processors. These contracts arrange how the obligations of the parties will be fulfilled in order to ensure a lawful data processing that will take place during th

A landmark United Nations treaty which aims to promote the use of mediation in settling cross-border commercial disputes was signed by 46 countries on August 7, 2019 in Singapore and named after “The Singapore Convention on Mediation”.

Developing countries which tend to attract foreign investors to invest in energy sector, have signed numerous Bilateral Investment Treaties (“BIT”) to secure potential investors from financial and environmental risks.

Open source is a type of licensing agreement that allows users to freely modify a creative work, use such work in variety of ways, and integrate the work into a larger project that intends to create a new creative work or derive a new work based on the or

Many joint stock companies operating in the field of international trade in Turkey, initiate necessary proceedings to acquire International Trading Company Status in order to benefit from its’ privileges and/incentives.