Doing Business In: Dispute Resolution
Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre. A Member State of the European Union (‘EU’) since 2004, it provides a gateway for investment into and from Europe and, due to its geographic location, it enjoys strong commercial ties with Eastern Europe, the Middle …
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. In foreign legal systems, this process is often referred to as a “squeeze-out” or “freeze-out.” The TCC addresses this under Article 208 as the “right to …
Continue reading "Squeeze-Out and Exit Mechanisms in Joint Stock Companies"
Turkey’s dynamic regulatory framework, anchored by the Electricity Market Law and its accompanying regulations such as Storage Regulation, License Regulation, and YEKDEM Regulation, unveils a compelling landscape for investors seeking to seize opportunities in the burgeoning electricity storage sector. By embracing a progressive approach, Turkey has established an advantageous environment for the establishment and operation …
Continue reading "Electricity Storage and Support Mechanisms Under Turkish Law"
The European Union (EU) has been at the forefront of integrating sustainability into its regulatory framework, aiming at balancing economic growth with environmental and social responsibility. Recent developments however, notably the introduction of an “Omnibus Simplification Package”, have led to significant amendments to key directives such as the Corporate Sustainability Reporting Directive (CSRD) and the …