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Member Articles


Termination of Cayman Companies 2021

As we approach the last quarter of 2021, operators of Cayman Islands companies which have ceased operations, reached the end of their life-cycle, or are no longer required, should consider taking steps to terminate suc ...

The Start of the Legal Period for Electronic Notifications in the Light of Judicial Decisions

Author: Ece Ozsu Electronic notification to certain persons, including attorneys registered with the Bar Association, has become obligatory in accordance with the Article 7/a of the Notification Law numbered 7201 (“NL ...

Null and Void Resolutions of the General Assembly in Joint Stock Companies

Author: Ecem Cetinyilmaz Introduction In general, cases of invalidity of general assembly resolutions fall into the categories of non-existence, nullity and annullability. The scope of this Newsletter is limited to nul ...

UNCITRAL Expedited Arbitration Rules

Author: Melissa Balıkci Sezen Introduction At its fifty-first session in 2018, the United Nations Commission on International Trade Law (“UNCITRAL”) agreed that Working Group II should be mandated to take up issue ...

General Assembly Summons Lawsuits

Author: Ceren Eke Introduction Pursuant to Turkish commercial law legislation, the ordinary general assembly in joint stock companies shall be held within three months following the end of each fiscal year.[1] Accordin ...

Tax Consequences of Failure to Fulfill Capital Commitment Payable

Author: Ozge KisacikTrading companies are established with the capital that the founding shareholders have committed to put into the company; this capital is essential for the establishment of trading companies. It is th ...

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