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Member Articles


Ceasing Commercial Activities versus Liquidation of Legal Entities

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 ...

Assignment of Receivables as Security

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 ...

Court of Cassation Decisions Regarding the Scope of the Application of Article 138 of the Turkish Code of Obligations of Indebtedness in Foreign Currencies

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 ...

Changes to Business Name Registrations

Contact: Leigh Drummond, ESV (New South Wales, Australia) The Federal Government has recently changed the business name registration system in an effort to prevent new business names being registered which are ...

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