What is precautionary attachment? How does it differ from precautionary measures?
One of the biggest risks in a lawsuit or debt dispute is this: even if you are in the right, the other party may conceal assets or evade responsibility before a decision is reached... Read More
Contract Sample-12
VEHICLE SALES, DELIVERY AND NOTARIZED TRANSFER UNDERTAKING AGREEMENT ARTICLE 1- PARTIES 1.1. Seller Name Surname / Title: ……………………………………………..Turkish Republic Identity Number / Tax Number:... Read More
Contract Sample-8
ASSIGNMENT OF RECEIVABLES AGREEMENT FOR SECURITY PURPOSES ARTICLE 1- PARTIES 1.1. Assignor Name Surname / Trade Name: ………………………………….Turkish Republic Identity Number / Tax Number: ………………………………….Address:... Read More
Contract Sample-7
JOINT AND SEVERAL GUARANTEE AGREEMENT ARTICLE 1- PARTIES 1.1. Creditor Trade Name: …………………………………. Inc. MERSIS No: …………………………………. Tax Office / Tax No: …………………………………. Address: …………………………………. In this agreement... Read More
Assignment of Receivables and Club Financing
1. Introduction The financial sustainability of sports clubs is possible not only through sporting success but also through revenue management. Today, football clubs in particular rely on broadcasting rights fees,... Read More
Force Majeure Clauses in Broadcasting Rights and Sponsorship Agreements
These contracts are long-term, high-value "term debt relationships" that impose significant economic obligations on the parties. However, the pandemic (COVID-19), natural disasters, war, the postponement of leagues... Read More
Penalty Clauses (Penalty Clauses) in Contract Law
1) Concept and Definition In the Turkish Code of Obligations (TBK), a penalty clause (penalty condition) is a condition that applies in case of non-performance or improper performance of obligations arising from a contract... Read More
Collusion and its Legal Consequences (Turkish Code of Obligations, Article 19)
In Turkish Contract Law, collusion is when parties appear to have entered into a contract that they did not actually intend to, with the aim of deceiving third parties. In other words, it is when... Read More
THE ISSUE OF STATUTE OF LIMITATIONS IN INHERITANCE EQUALIZATION CASES
1. Introduction Inheritance law is a delicate branch of law that regulates both intra-family relations and the sharing of economic assets. It governs the distribution of property to descendants during the lifetime of the testator... Read More
Disputes Arising from Sales Contracts: Legal Framework and Solutions
Introduction The sales contract is regulated in Articles 207 and subsequent articles of the Turkish Code of Obligations (TBK) and is one of the most commonly used types of contracts. In these contracts, the parties... Read More