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Searching Content indexed under Corporate and Company Law by ELIG Gürkaynak Attorneys-at-Law ordered by Published Date Descending.
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1
Prohibition Of Financial Aid Under Turkish Commercial Code
Unlike the former Turkish Commercial Code, the Turkish Commercial Code numbered 6102 ("TCC") implemented a provision that allows joint stock companies ("JSC") to acquire their own shares
Turkey
13 Sep 2019
2
The DOJ Issues Additional Guidelines For Evaluation Of Compliance Programs
The DOJ has put forward a structure for the assessment of adequacy and coverage of the program's design in each company.
Turkey
9 Sep 2019
3
Simplified Mergers In Turkey Under Turkish Commercial Code
Merger, in general, is a complex procedure which requires detailed and long formalities.
Turkey
19 Jun 2019
4
Public Companies: Significant Transactions Not Leading To Appraisal Right
From a capital markets law perspective, the lawmaker aims to protect the shareholders as much as possible.
Turkey
5 Jun 2019
5
Turkey: Pre-Emptive Rights
In order to use pre-emptive rights, there has to be a general assembly resolution regarding capital increase.
Turkey
4 Jun 2019
6
Business Judgment Rule: A Legal Theory Or A Real Protection For The Board Members In Turkey?
Joint-stock companies have become structures that have the power to influence economic life nationally and even internationally.
Turkey
7 Mar 2019
7
Squeeze-Out Right In Group Of Companies
The Turkish Commercial Code No. 6102 ("TCC") introduced the concept of "squeeze-out right in group of companies" to the Turkish legal landscape.
Turkey
26 Feb 2019
8
The Court Of Appeals Sheds Light On "Just Cause" For Termination, Exit Right And Squeeze-Out Of Shareholders
Article 636 of the TCC lists the circumstances in which a limited liability company shall be terminated
Turkey
3 Dec 2018
9
Expiration Of The Term Of Office Of Board Members
As per Article 362 of the Turkish Commercial Code No. 6102, board members are elected for a maximum term of three (3) years.
Turkey
3 Dec 2018
10
Amendments to the Regulation on the Implementation of the Foreign Direct Investment Law
The Ministry of Trade (formerly known as the Ministry of Economy) ("Ministry") published the Regulation Amending the Regulation on the Implementation of the Foreign Direct Investment Law ("Regulation"), in the Official Gazette on June 1, 2018.
Turkey
24 Sep 2018
11
Non-liability of the Shareholders and Piercing the Corporate Veil
A legal entity is defined as "groups of persons organized as entity on its own and independent property groups constructed for special object" under Article 47 of the Turkish Civil Code No. 4721 ("TCC").
Turkey
7 Sep 2018
12
Scope Of Notification Via Electronic Means Has Been Recently Expanded
Notifications served via electronic means have been part of Turkish law since the introduction of Article 7/A of the Notification Law No. 7201 in 2011.
Turkey
18 Jun 2018
13
Recent Developments In Trade Registry Regulations
The signature declarations of signatories who reside abroad may be certified by Turkish consulates in the country where the signatory resides.
Turkey
7 Jun 2018
14
Working Arrangements For Non-Resident Foreign Companies' Turkey Operations Conducted Through Local Individuals
In our globalized world where trade has no borders, it is a usual practice for companies to conduct operations in different countries, including Turkey.
Turkey
2 May 2018
15
For Cause Dissolution of Joint-Stock Companies
Minority shareholders of joint-stock companies ("JSC") are granted various favorable rights under the Turkish Commercial Code No. 6102 ("TCC") in order to protect them against majority shareholders.
Turkey
28 Mar 2018
16
Fundamentals of an M&A/Joint Venture Due Diligence Checklist – Understanding the Anti-Corruption Risks
Gaining substantial momentum in the last couple of years, anti-corruption compliance has become a significant part of the day-to-day business of many multi-national and local companies.
Turkey
8 Mar 2018
17
Major Changes in Capital Markets Regulations in the Last Quarter of 2017
In the last quarter of 2017, the Capital Markets Board ("CMB") has adopted certain communiqués amending the Communiqué on the Sale of Capital Market Instruments, the Communiqué on the Procedure of Keeping Records as to Dematerialized Capital Market Instruments, and the Communiqué on Real Estate Certificates. We will summarize some of these changes below.
Turkey
27 Feb 2018
18
Liability Of Board Members In Limited Liability Companies
Limited liability companies are managed by their board of directors. As per the Turkish Commercial Code No. 6102, the board of directors is composed of at least one director, who could be a Turkish or a foreign real person or legal entity, ...
Turkey
18 Dec 2017
19
Types of Shares and Their Effects on the Rights of Shareholders
Companies may issue different types of shares (e.g., ordinary shares or privileged shares) and different rights can be attached to these distinct types of shares for a variety of purposes.
Turkey
27 Sep 2017
20
The B20 2017 Responsible Business Conduct & Anti-Corruption Policy Paper
B20 Cross-Thematic Working Group on RBC and Anti-Corruption published the B20 Responsible Business Conduct & Anti-Corruption Policy Paper Promoting Integrity by Creating Opportunities for Responsible Businesses ("Policy Paper").
Turkey
12 Sep 2017
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