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Member Articles


The Practice of Unforeseen Circumstance in EPC Contracts

Author: Tuna Colgar Introduction In EPC Contracts, especially for the international ones, there is a long period between the finalization of the tender or the execution of contract and delivery of the work. It is a qui ...

Portfolio Management Companies 101

Author: Yagmur Zeytinkaya The portfolio management companies (“PMC”) that are defined under Article 55 (Portfolio Management Companies) of Capital Market Law numbered 6362 (“CML”) are joint stock companies whose ...

Parent-Subsidiary Liability Within the Scope of Foreign Corrupt Practices Act

Author: Merve Bakirci Traditionally, with an aim to prevent corrupt practices internationally, pursuant to the Foreign Corrupt Practices Act (“FCPA”), offering anything of value to foreign public officials while per ...

Energy Performance Contracts as a Project Financing Method

Author: Helin Akbulut Introduction The objectives of the Energy Efficiency Law[1] ("Law"), which was adopted in 2007, are listed as the efficient use of energy, prevention of waste, lowering the burden of energy costs ...

Actual Carrier in Carriage of Goods by Sea

Author: Duygu Öner  Performance of the carriage of goods by someone other than the person who undertakes the carriage, both for inland and intentional carriage, is a common circumstance. This unique type of carriage ...

Breach of Concordat by the Debtor

Author: Alper Uzun  Introduction A concordat is a reconstruction agreement that is regulated under Articles 285-309 of the Execution and Bankruptcy Law (“EBL”), and aims to protect both the debtors in poor financ ...

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