Cannabis – A growing market
Since 1 January 2018, Danish doctors have had the opportunity of prescribing cannabis products for their patients; A four-year medicinal cannabis pilot programme has been introduced in Denmark implying that licences for importing cannabis for Danish patients can be issued. Today it is also possible to cultivate, produce and distribute medicinal cannabis in Denmark. In parallel …
Nature of Disputes in Construction industry- An overview
Construction industry is today fast paced, complex and involve multiple parties thereby creating numerous issues from which dispute arises. Some of the contentious issues are as follows: The right to suspend works: Under FIDIC Red book, Sub Clause 40.1 & Sub Clause 69.4 determines this right. The issue is whether the party suspending the work …
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Leveraged Buyout Models and Financial Assistance Prohibition In Turkish Law
INTRODUCTION The following article will examine the financial assistance prohibition, the source of which is European Union company law, and the leveraged buyout models, the source of which is Anglo-American law.
Digital Economy Maneuver from the Turkish Competition Authority
Turkish Competition Authority (“Authority”) underlined the followings with its announcement (“Announcement”) dated 8 May 2020:
COVID-19 and force majeure within the meaning of the Commercial Act
Almost two months after the state of emergency has been introduced, the initial stress of the current situation and immediate fear of the disease itself has given way to the justified concerns about the effects that the anti-epidemic measures will have on the economy and trade in the short and long term.
Turkey Announces Procedure and Principles Regarding R&D Tenders
Presidential Decree (“Decree”) numbered 2483 was published in the Official Gazette dated 30 April 2020 and numbered 31114 and entered into force on the same day. The Decree regulates the procedure and principles of services to be procured through tenders for the national research-development (“R&D”) projects conducted and supported by the national R&D institutions within …
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Doing Business in Kuwait
A Q&A guide to doing business in Kuwait.
Data Protection, Gaming Affiliates, & Direct Marketing – Processor or Controller?
The role of affiliates in relation to gaming operators’ platforms is to drive individuals to an operator’s site/app with the aim of such individual signing up to become players. The legal position of whether an affiliate is deemed to be a controller or processor in light of data protection law, has been subject to some …
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Turkish Constitutional Court Determined Constitutional Review Principles for Presidential Decrees
In Presidential Government System, which was adopted on 9 July 2018 in Turkey, the President is entitled to issue Presidential Decrees on the matters related to executive power without the need for an enabling law. Presidential Decree, being a fundamental norm as per regulated directly under the Constitution, is a general and framework regulative transaction.
Covid 19 – A timely reminder of employer obligations in respect of layoff, short time and redundancies
The first part of May saw a number of developments in relation to returning employees to work including the publication of the Government’s “Roadmap for reopening society and business” on 1st May and the subsequent publication of the “Return to Work Safety Protocol” on 9th May. For further detail on these developments and employer obligations upon returning employees to …