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While the articles of association of joint-stock companies may provide for certain provisions regarding the withdrawal of shareholders from the partnership, this option may not always be sufficient or feasible. Article 531 of the Turkish Commercial Code No. 6102 (“TCC”) provides a significant protective mechanism for minority shareholders in such situations.

In Turkish law, when the parties mutually explain their will to enter into a legal relationship, the contract is established and the parties who declare their will are bound by their intention...

As digital fonts evolve from mere design elements into essential components of brand identity and commercial communication, questions arise about their legal protection beyond traditional copyright and design law frameworks.

The Regulation on Distance Agreements (the "Regulation") has been amended by the amending regulation (the "Amending Regulation") which was published in the Official Gazette dated 23 August 2022 and numbered 31932.

Similar to previous years, as we approach the year-end, we would like to draw your attention to the requirements for the annual certification of company commercial books.

Law No. 7511 on Amendments to the Turkish Commercial Code and Certain Laws was published in the Official Gazette dated 29.05.2024...

Pursuant to Law No. 7511 on Amending the Turkish Commercial Code and Certain Other Laws ("Law No. 7511"), published in the Official Gazette dated May 29, 2024...

The first six months of 2021 have witnessed significant amendments to the legislation on the prevention of money laundering and financing of terrorism. In fact, this trend started by the end of 2020.

The consequences of an offer becoming effective shall be evaluated below in relation to these there legal acts.

According to Turkish Law, promissory note is regulated under Article 776-779 of the Turkish Commercial Code ("TCC").

This article explains legal nature and market practice of employee stock option plans ("ESOP") with a particular focus on their implementation in Turkiye.

An exclusive evidentiary contract is a type of agreement in which the parties undertake to accept the assessment of a person or panel appointed to evaluate certain technical or expert matters...

The New Turkish Commercial Code ("TCC") which is in force since July 1st, 2012 introduced a comprehensive reform in company law.

Under Turkish laws, although force majeure is a valid reason for termination of an agreement, there is not any regulation which defines force majeure or states the objective criteria of the same.

Parties of an asset or share purchase agreement are often not aware of an inherent legal risk when structuring an acquisition deal specifically in case where a newly established special purpose company...

This non-compete obligation only applies to the businesses that the company actually performs and which are carried out with a commercial purpose.

Issuance and Notification of Bearer Share Certificates Pursuant to Article 484 of the Turkish Commercial Code ("TCC"), joint stock companies have two types of share certificates: registered shares and bearer shares.