Increase in Legal Interest Rate

Installment and Application Deadlines for Debt Restructuring Extended by 1 Month

With the Presidential Decree No. 8485 published in the Official Gazette No. 32552 dated 21.05.2024, it was decided that the legal interest rate regulated in Article 1 of the Law No. 3095 on Legal Interest and Default Interest will be applied as 24% annually, instead of 9%, as of 01.06.2024.

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 to increase day by day, and people are always concern of eviction. …

Installment and Application Deadlines for Debt Restructuring Extended by 1 Month With the Presidential Decree No. 8485 published in the Official Gazette …

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.

Increase in Legal Interest Rate

Installment and Application Deadlines for Debt Restructuring Extended by 1 Month With the Presidential Decree No. 8485 published in the

How To Make A Testament (Will)?

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”).

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 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.