Specialty Group: Corporate and M&A

Is a family constitution the cure? Should a family constitution be the guide that includes all of the solutions to those problems which might occur, or rather, should it propose approaches to resolve problems before they ...

Introduction Bankruptcy and Enforcement Code No. 2004 (“BEC”) [1] regulates certain obligations for merchants who are ceasing to continue their commercial activities. Pursuant to Art. 44 BEC, a merchant ce ...

Introduction The assignment of receivables, which constitutes an important security method under the obligations law, is regulated under Articles 183 to 190 of the Turkish Code of Obligations, No: 6098 (“Code”). The ...

Introduction Turkish Code of Obligations No. 6098 (“TCO”) that entered into force on 01.07.2012 has a provision entitled “hardship,” which was not found in the former Code of Obligations No. 818. It can be deduc ...