Lawyer Strategies in Bounced Check Cases | Turkish Commercial Code & Cheque Law
Strategies a Lawyer Should Follow in Bounced Check Cases Introduction Checks are one of the most important payment instruments in commercial life. However, in practice, economic instability and... Read More
Inclusion of Shareholder Debt in Capital in Joint Stock Companies
Introduction In joint-stock companies, capital is a decisive factor not only during the establishment phase but throughout the entire existence of the company. This is because capital, on the one hand... Read More
What is a DAO and a Discussion of its Legal Structure
Introduction With the development of blockchain technology, new organizational models have emerged that go beyond classic company and association structures. The most notable of these is the DAO (Digital Association of Business). Read More
What is the IMO Ship Identification Number?
What is an IMO Ship Identification Number? Legal Significance, Usage and International Standards 1. What is an IMO Ship Identification Number? IMO (International Maritime Organization –... Read More
The Use and Limits of Representation Authority in Joint Stock Companies
Exercise of Representation Authority: The representation of joint-stock companies in external relations generally belongs to the board of directors. Joint-stock companies are merchants and are subject to Article 39/1 of the Turkish Commercial Code (TTK)... Read More
Company Partners' Liability for Debts
The Turkish Commercial Code No. 6102 regulates various types of companies and determines how partners will be liable for company debts. The two most common types in our country are... Read More
What is Bankruptcy Postponement?
Definition and Legal Nature of Bankruptcy Deferral: A procedure that allows a business that has become unable to pay its debts to continue operating and improve its financial situation instead of going bankrupt... Read More
What is a Company Capital Increase and How is it Done?
When joint-stock companies and limited liability companies are established, capital is contributed to create the financial assets of the company. The company partners decide what the company will be used for and... Read More
WHAT IS CRASHING?
WHAT IS A COLLISION? Article 1286 of the Turkish Commercial Code states that 'The provisions of this section apply to the collision of two or more ships, known as "collision," and the damage to ships and the items on board...'. Read More
RIGHT OF RECOURSE AGAINST THE INSURED
The right of insurance companies to recover the amount of compensation they have paid out under insurance policies from their policyholders is called "insurance recourse". This legal concept refers to the right of insurance companies to recover their losses... Read More