Turkey: Corporate and Company Law

The Turkish Competition Board (“Board”) issued its decision concerning the final notification for the transfer of the operating right for pilotage services in the Ambarlı Regional Service Area (“Ambarlı”) through a tender process (“Decision”) .

The globalization of private wealth has fundamentally altered how international couples manage their personal and commercial portfolios prior to marriage. When foreign nationals, high-net-worth individuals, or corporate executives enter into a multinational marriage, they are effectively merging complex, cross-border asset structures that become immediately exposed to severe liquidation risks without a pre-emptive contractual strategy.

The Natural Gas Market License Regulation (the “Regulation”) regulates the licensing system in detail and treats a license as an authorization granted by the Energy Market Regulatory Board (the “Board”) to legal entities for the purpose of carrying out market activities. In this respect, a license is not merely an authorization document obtained at the commencement stage of activities; it is also a regulatory instrument that ensures that the license holder’s scope of activity, shareholding structure, trade name, facility information and other license elements remain up to date.