Shareholders Pre-Emption Right In The Transfer Of Shares Of A Joint Stock Company What is Preemption Right? The right of pre-emption is a right that allows the right holder to demand priority in the sale or transfer to himself in case of sale to someone else. The right of pre-emption may arise from the law…
Read MoreIn recent economic conditions, disputes arising from rental relationships continue to increase day by day, and people are always concern of eviction. In this context, we will examine the termination of the lease agreement in case the rented property is sold through enforcement. What should we understand from the sale of properties through enforcement? In…
Read MoreWhat is an Ordinary Partnership? April 26, 2024 Liquidation in Ordinary Partnerships(Joint Venture) in Türkiye What is an Ordinary Partnership? The 3rd Civil Chamber of the Court of Cassation defines an ordinary partnership agreement as a contract in which two or more individuals or legal entities undertake to combine their efforts, assets, and capital for…
Read MoreTransfering Shares and Possibilities of the Shareholder Whose Share Transfer Agreement Isn’t Approved February 1, 2024 How to Transfer Shares in Joint Stock or L.L. Companies? What are the Possibilities If the Share Transfer Agreement is not Approved? What is a share? According to the dictionary, a share is defined as “a portion of a…
Read MoreNew Airbnb Law January 18, 2024 Both “Law No. 7464 on Renting of Residences for Tourism Purposes and Amendments to Certain Laws” (“Law”), commonly known as the Airbnb Law, and ” Regulation for Residential Rentals for Tourism Purposes” (“Regulation”) entered into force as of 01.01.2024. With this law, rentals of residences for a maximum period…
Read MoreWhite Collar Crime January 08, 2024 “White collar crimes”, which have recently occupied a lot of space in the public opinion, entered the legal literature in the last century and broke the usual perception of guilty people. With the development of commercial activities and economic relations, many rules and limitations have been introduced in the…
Read MoreWhen The Mutual Performance Balance in Contracts is Disrupted Due to Changes in Conditions (Adaptation Lawsuits) December 18, 2023 THE PRINCIPLE OF FIDELITY As a requirement of the constitutional right “freedom of contract”, everyone is free to make the contract he wants, with the person he wants, in the way he wants, within the limits…
Read MoreCancellation of the Right to Change to Turkish Flag for Ships December 14, 2023 With the mentioned regulation, the right to transfer foreign-flagged yachts located abroad to the Turkish flag, as in the regulation prior to the temporary article, has been eliminated, along with and the right to apply with the permission procedure as before…
Read MoreAmendment to the Legislation on the Acquisition of Turkish Citizenship December 14, 2023 The amendment on the acquisition of the exceptional Turkish citizenship (purchasing a real estate worth USD 400,000 or more) was published in the Official Gazette dated 12.12.2023. With the amendment published and entered into force on 12.12.2023, the nature of the…
Read MoreChanges in the Minimum Amount Incorporation Capital of Companies November 28, 2023 According to the Presidential Decree dated 25 November 2023 and numbered 32380 and the Correction dated 26 November 2023 and numbered 32381 published in the Official Gazette, the minimum amount of capital required for the establishment of companies has been increased. Pursuant to…
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