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  • Article

    Action For Company Damages Pursuant To Art. 202/1 Of The Turkish Commercial Code No. 6102

    The Turkish Commercial Code No. 6102 ("TCC") adopts a different system from the old Turkish Commercial Code No. 6762 ("Old TCC") and regulates group companies
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Escrow Agreement In Turkish Law And Its Application In Mergers & Acquisitions

    Escrow mechanism is a common practice in mergers and acquisitions aiming to secure the performance of the obligation at a later time if immediate performance is impossible or not preferred.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Corporations’ Obligation To Build A Website Pursuant To The Turkish Commercial Code

    As part of the innovations brought by the Turkish Commercial Code No. 6102, regulations on corporate transparency are increased.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Special Lien In Favour Of The Lessor

    If the delay constitutes danger, the assistance of the municipal police or sub-district governor may also be requested.
    TurkeyReal Estate and Construction
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Convening The Ordinary General Assembly

    There is no specific provision in the capital markets legislation related to when ordinary general assembly meetings should be held by public companies subject to the Capital Markets Law No. 6362.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Innovations In The Board Of Directors Of Joint Stock Companies

    Provisions of the New Turkish Commercial Code ("New TCC") concerning the Board of Directors ("BoD") are found among the provisions that have been significantly modified.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    The Validity Terms Of Security Agreements Pursuant To New Code Of Obligations

    The New Turkish Code of Obligations numbered 6098 ("TCO") which has entered into force on 01.07.2012 regulates security agreements in article 581 and following articles.
    TurkeyFinance and Banking
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Usury Limits to Set Interest Rates Under The New Code Of Obligations: Shall The limitations Apply To Business Transactions?

    The parties to a loan agreement may freely set the interest rate to be applied on the amount subject to the agreement
    TurkeyFinance and Banking
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Communiqué On Significant Transactions And Retirement Right

    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.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Resolution Of Disputes Through Arbitration In Agreements Concluded Under The Public Procurement Contracts Law

    Important steps have been taken in the resolution of disputes through arbitration in Turkey, in order to incentivize parties to include arbitration clauses into their agreements.
    TurkeyLitigation, Mediation & Arbitration
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Cross Shareholding In Group Of Companies

    Cross shareholding means, in general terms, the participation of two companies to each other's capital.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    New Communiqué On Complaint Procedure Relating To Competition Infringements

    The Communiqué No. 2012/2 on Complaint Procedure Relating to Competition Infringements (the "Communiqué" or "Communiqué No. 2012/2") entered into force upon its publication in the Official Gazette dated August 23, 2012 and numbered 28390.
    TurkeyAntitrust/Competition Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Types Of Contracts Of Suretyship Within The Scope Of The Turkish Code Of Obligations

    Articles 585 to 588 of the Turkish Code of Obligations ("TCO") numbered 6098 and dated 01.07.2012 set forth the types of Contracts of Suretyship
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    The Validity Terms Of The Contract Of Surety Pursuant To New Code Of Obligations

    A discussion on the New Turkish Code of Obligations numbered 6098, which regulates the contract of surety under article 581.
    TurkeyFinance and Banking
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Expert Witnesses In International Commercial Arbitration

    In international arbitration, a party may submit evidence in different categories. Opinions of expert witnesses forms one of these categories.
    GlobalLitigation, Mediation & Arbitration
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Collective Labor Agreements And Strikes

    Labor law is a very dynamic branch of law which is intertwined with daily life. It is very important to evaluate the problems encountered according to the characteristics of the factual events.
    TurkeyEmployment and HR
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Swiss Federal Court Refused A Set Aside Request Based On The Failure Of The Tribunal To Appoint An Independent Expert In Arbitration Proceedings

    Expert evidence in international arbitration is a source of evidence widely used, both in terms of party-appointed experts and independent experts.
    SwitzerlandLitigation, Mediation & Arbitration
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    The Consequences Of Late Payment In The Procurement Of Goods And Services

    That being said, it is accepted that the thirty days stipulated, above, regarding the default of the debtor, shall not be evaluated as a required minimum waiting period from the default of the debtor.
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Draft Law Regarding Temporary Employment Relationship And Private Employment Agencies

    A temporary employment relationship is a tool for employers in dealing with the fluctuations in workforce and production demands, and is a utility to increase staffing opportunities for employees.
    TurkeyEmployment and HR
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Turkish Wealth Fund

    Pursuant to the Law on the Establishment of the Turkish Wealth Fund Management Joint Stock Company and on the Amendment of Certain Laws numbered 6741...
    TurkeyCorporate/Commercial Law
    Erdem & Erdem Law
    Erdem & Erdem Law

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