Corporate and M&A

By: Att. Tuna F. Colgar; Erdem&Erdem Law Office (Turkey)

Introduction

As a result of developing commercial activities and large-scale investments, especially concluded in the fields of construction, energy and mining, companies are seeking to participate in these investments by uniting their powers and expertise to take advantage of financial opportunities together.  This tendency among companies has caused the term “Business Partnership” to appear more frequently in commercial life. In this regard, it is necessary to determine the legal status of the term Business Partnership and to study the legal structure of the Business Partnership to be established. This article will assess the legal nature of Business Partnerships between parties and in relation to third persons.

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