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UAE Drugs Law and Legal Consequences of Carrying Narcotic Substances

| November 15, 2023

The UAE Drugs Law, Federal Decree-Law No. 30/2021, clearly defines narcotic substances and outlines the severe legal consequences associated with their possession, use, or distribution.

LIQUIDATION PROCESS OF JOINT STOCK COMPANIES

| November 15, 2023

INTRODUCTION A certain process must be carried out in the termination processes of joint stock companies. Joint stock companies are terminated upon the realization of one of the reasons for termination specified in the Turkish Commercial Code No. 6102 (“TCC”) or in their articles of association.

EVACUATION LETTER

| November 15, 2023

INTRODUCTION As it is known, under the Turkish Code of Obligations No. 6098 (“Turkish Code of Obligations” or “TCO”), it is possible for lessors to terminate residential and workplace lease agreements before or at the end of their term in limited circumstances specified in the law.

EVALUATION OF TECHNOLOGY UNDERTAKINGS WITHIN THE SCOPE OF COMPETITION LAW

| November 15, 2023

INTRODUCTION Technological innovations, which are continuously and systematically developing, have led to an increase on the number of technology companies and gained an important place in today’s market.

RESTRICTION OF TRANSFERS OF REGISTERED SHARES OF JOINT STOCK COMPANIES BY SHAREHOLDERS’ AGREEMENT

| November 15, 2023

Introduction Joint stock companies are companies that have a relationship with their shareholders, based solely on the capital, structured as a capital partnership, and as a rule, their shares can freely change hands. In practice, rights and obligations regarding the transfer of shares are determined by the shareholders’ agreement (“SHA”), which also allow the stipulation …

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ATTORNEY’S FEE TO BE AWARDED BASED ON THE ACCEPTANCE DECISION TO BE GIVEN IN THE CASE OF COMPLAINT AGAINST THE BAILIFF’S ACTION

| November 15, 2023

A. PROCEDURE FOR COMPLAINING ABOUT THE BAILIFF’S ACTION As it is known, the transactions carried out by the enforcement and bankruptcy directorates are procedural transactions such as seizure, sale and sending a notification to the debtor, which must be carried out in accordance with legal regulations and laws.

EVALUATION OF THE PERMISSION OF THE BOARD WITH THE COMMITMENT LETTERS IN THE TRANSFER OF PERSONAL DATA ABROAD WITHIN THE SCOPE OF THE PERSONAL DATA PROTECTİON LAW NO. 6698

| November 15, 2023

A. Introduction  Personal Data Protection Law No. 6698 (“PDPL”) has entered into force in order to regulate the processing, storage, and protection of personal data, and the PDPL aims to keep personal data safe and to control the processing of personal data.

FIRST-FIRE INSURANCE

| November 15, 2023

I. INTRODUCTION More than 80% of global trade is carried out by sea transport with the advantages provided in terms of the amount and variety of products that can be transported, transport cost, transport network and less environmental impact.

The Bahamas´ New Business Licence Act, 2023

| November 15, 2023

New Legislation Business Licence Act, 2023 (the “New Act”) which repeals and replaces the Business Licence Act, 2010 (the “Repealed Act”) is now in force along with the ancillary Business Licence Regulations, 2023 (the “New Regs”).

Remote work after Covid: Panama’s experience

| November 15, 2023

The Covid-19 pandemic changed our lives in many ways and has had a long-term impact on various different aspects, including how people organise their work and where the work is performed.

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