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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 as well as from the contract.
In recent economic conditions, disputes arising from rental relationships continue …
Installment and Application Deadlines for Debt Restructuring Extended by 1 …
A testament is a written document or a verbal statement that regulates the wishes of the person who leaves an inheritance and the distribution of his/her inheritance after his/her death. In this context, the provisions regarding wills are regulated in the Turkish Civil Code No. 4721 (hereinafter referred to as the "TCC" or "The Law").
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 a common purpose. An ordinary partnership can be formed between two or more companies, or between two or more natural persons. Although ordinary partnerships do not have legal personality, it is possible to liquidate and terminate these partnerships.
According to the dictionary, a share is defined as "a portion of a whole divided between more than one person."
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 of 100 days are described as "rental for tourism purposes" and it became mandatory to obtain a permit before making such a rental contract. In addition, many administrative sanctions are foreseen in the law for those who do not have a permit and, in some cases, even for those who have a permit.
"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.
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 stipulated by the law.
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 the regulation. However, it has been decided that applications previously submitted to Port Directorates and still in process will be concluded by December 31, 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.
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.
In today's globalized world, intellectual property rights (IP) rights play a pivotal role in fostering innovation, creativity, and economic growth. As a leading law firm, we understand the significance of IP rights in protecting your creations and innovations on an international scale. In this article, we will explore the fundamentals of IPR, the two main categories, and how international agreements, such as the TRIPS Agreement, harmonize IPR with international trade rules.
In general, Startup is the implementation of a new business idea/model with the purpose of solving a problem. The concept of startup, which includes multiple areas of expertise and the requirements of commercial life, is closely related to the legal order that binds the entrepreneur and the investor.
E - Commerce, in the simplest definition, is a type of trade that covers buying and selling goods and services over the internet. While this system, which emerged with the electronic revolution, significantly facilitates our lives; There is also a legal system to which e - Commerce activities are subject to supervision and regulation.
A property can have a single owner or multiple owners. When a property has multiple owners, it is referred to as shared ownership or joint ownership. Shared ownership, also known as co-ownership, means that several individuals own specific shares in an undivided property. Unless otherwise agreed by the co-owners, shares in shared ownership are considered equal.
Shareholders’ Right To Access Information In Companies The right of …
In a joint-stock company, the board of directors is the body responsible for conducting the business and affairs of the company and for maintaining relations between the company and its shareholders.