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One of the fundamental principles of corporate law is that joint stock companies have separate legal personality and their debts are, as a general rule, recoverable only against their own assets. However, separate legal personality does not mean that board members can under no circumstances be held personally liable for the company's debts. In particular, statutory provisions designed to secure the collection of public receivables allow board members to incur personal liability for the company's public debts where certain conditions are met and permit recourse to the personal assets of those members held liable.

The New Turkish Commercial Code Numbered 6102 ("New TCC") and the Act numbered 6103 on the Entry into Force and Application of the Turkish Commercial Code.

Our professional experience is full of disputes of those who always wanted to surpass their partners, spouses and who want to...

Pursuant to Article 1524 of the Turkish Commercial Code, titled "Electronic Transactions and information society services," and the Regulation on the Websites to be Established by Capital Companies, capital companies subject to independent audit ...

A general rule for executing a related party transaction is determined under Art. 17/3 of the Capital Markets Law No. 6362.

In terms of entrepreneurs who want to embark on Turkish commercial life, the first question that comes to mind is what the company type should be.

Law No. 7222 regarding Amendments to the Banking Law, as well as Certain Other Laws ("Law No. 7222") entered into force through its publication in the Official Gazette dated 25.02.2020.

Conditional capital increase is a type of an increase to the share capital that is regulated under the Turkish Commercial Code numbered 6102 ("TCC").

The internationalization of the legal industry has been on the rise, necessitating the collaboration of attorneys from various nations. Lawyers,

Joint stock company is a type of company whose capital is certain and divided into shares and is only responsible for its assets due to its debts.

The new Turkish Commercial Code has been heavily criticized due to the uncertainty of some provisions and inadequate grounds of the Code.

Turkey is a dynamic and interesting territory to practice law in – there is always something new going on in the market which we strive to acclimatise to, thus keeping our practice at pace.

The liability of legal persons from public debts, and the determination of the scope of this liability are of great importance in practice.

İşletmenin Muhasebesiyle İlgili Olmayan Ticari Defterlerin Elektronik Ortamda Tutulması Hakkında Tebliğde Değişiklik Yapılmasına Dair Tebliğ...

Regulation Amending the Regulation on Credit Transactions of Banks ("Amendment Regulation") issued by the Banking Regulation and Supervision Agency ("BRSA") has been published on 8 July 2021...

The draft communiqué prepared by the CMB was revised in accordance with the amendments to the Capital Markets Law No. 6362 ("CML") and the market actors' comments.

White collar irregularities, described as “a crime committed by a person of respectability and high social status in the course of his occupation” are recognized in Turkey, and are especially likely to occur during the daily business decisions and practices of foreign corporations’ Turkish branches or their affiliates.

The recent amendments on the Turkish legislation have created fundamental evolution on the shareholder structures of the joint-stock companies.