Implications of Amendments to the Electrical Facilities Project Regulation
In the energy market, the term electrical facility refers to facilities related to the generation, storage, transmission, distribution and consumption of electrical energy.
Construction and Financing of Electricity Distribution Facilities by Investors Seeking Network Connection
In recent years, the increasing demand in the energy and infrastructure sectors has brought various challenges to existing electricity distribution systems. The expansion of electricity services to growing residential areas and industrial zones has imposed significant financial and operational burdens on distribution companies. Traditionally, these infrastructures were established and operated by distribution companies. However, with …
Arbitrators’ Challenges In International Arbitration: Insights From LCIA Decisions
Introduction In today’s global world, international arbitration is increasingly preferred due to its qualities of speed, confidentiality, and flexibility.
Squeeze-Out and Exit Mechanisms in Joint Stock Companies
A. Introduction The Turkish Commercial Code (“TCC”) No. 6102 and the Capital Markets Law (“CML”) No. 6362 regulate the right of a dominant shareholder to remove minority shareholders from a company.
Understanding the New Regulation on Aggregation Activities in the Electricity Market
The Regulation on Aggregation Activities in the Electricity Market (“Regulation”), long anticipated by the energy sector, was published in the Official Gazette on December 17, 2024 (No. 32755), and came into effect on January 1, 2025.
Extraordinary Termination of Employment Contracts: Termination Due to Suspicion
Legal Analysis The termination of suspicion is not explicitly regulated under Labor Law No. 4857 (“the Law”) but has been recognized in practice through decisions of the Supreme Court.
ESG Reporting: An agent of Change or Box-Ticking?
ESG disclosure frameworks convergence is a business accountability tipping point. As the International Sustainability Standards Board (ISSB) leads global convergence, the ultimate question persists: Will this rush toward global convergence increase sustainability practice or miss important regional and sectoral concerns?
Navigating Intellectual Property: An Introduction to Trademarks Registration
WHAT IS INTELLECTUAL PROPERTY? Intellectual Property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. IP gives creators exclusive rights over the use of their creations for a certain period, encouraging innovation and creativity. There are several types of intellectual property namely trademarks, …
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Mandatory Mediation for Civil Disputes up to €10,000 in Cyprus
In recent years, the legal landscape in Cyprus has undergone transformative changes aimed at modernizing the judicial process and tackling inefficiencies that have plagued the resolution of civil disputes. Among the most significant reforms is the introduction of mandatory mediation for civil disputes involving claims of up to €10,000. This initiative is a cornerstone of …
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Amendment of the Civil Registry Law
Modernization of the Legislation and Revision of the Requirements for Obtaining Cypriot Citizenship based on years of residence in the Republic of Cyprus. The House of Representatives passed the Civil Registry Amended Law 149(I)/2023, which was published in the Official Government Gazette on December 19, 2023, with immediate effect, and amends the Civil Registry Laws …