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Member Articles


The Acquisition of Immovable Property by Foreign Real Persons in Turkey

Contact: Naciye Yılmaz; Erdem & Erdem (Turkey) Companies with foreign capital and foreign real persons may purchase immovable property in Turkey. However, this possibility has certain legal limitations. Within the ...

Action for Company Damages pursuant to Art. 202/1 of the Turkish Commercial Code No. 6102

Contact: Selen Ozturk; Erdem & Erdem (Turkey) In General The Turkish Commercial Code No. 6102 ("TCC") adopts a different system from the old Turkish Commercial Code No. 6762 ("Old TCC") and regulates group compani ...

Term and Prescription of Letters of Guarantee

Contact: Revan Sunol; Erdem & Erdem (Turkey) Introduction Letters of guarantee have come to prominence with the increase in the variety and size of commercial transactions. With bigger transactions, as the non-per ...

Current Estate Tax Laws May Make Previously Drafted Estate Plans Inefficient

Contact: Megan L.W. Jerabek; von Briesen & Roper, s.c. (Wisconsin, USA) The increased exemptions provided by the current estate tax law ($5.34 million per person for 2014) provide clients with a great opportun ...

Seventh Circuit Rejects Employer's Ability to Assert “Failure to Conciliate” Defense Against EEOC

Contact: Megan Meadows; Spencer Fane Britt & Browne LLP (Missouri, USA) Employers sued by the EEOC in Illinois, Wisconsin or Indiana may no longer rely on the EEOC’s failure to conciliate as a defense. Recently, the ...

Manufacturer's Corner: An Introduction

Contact: Ryan Hardy; Spencer Fane Britt & Browne LLP (Missouri, USA) We here at the MCLB love manufacturers. In an economic climate where so much of our growth rests on intangibles and virtual goods, you provide the tan ...

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