Worldwide: Corporate Governance

Turkey's Constitutional Court has struck down provisions requiring general assembly approval for expulsion lawsuits in two-partner limited companies, fundamentally altering how partnership disputes can be resolved when one partner systematically obstructs company operations. The ruling addresses a critical deadlock where the partner facing expulsion could block the very vote needed to initiate legal proceedings, effectively preventing judicial review of legitimate grievances.

Joint ventures are never formed with the expectation of problems and failure. That kind of mentality would go against both the spirit of a joint venture and the realities of commercial life. In the early stages, the parties usually share a common, commercial goal, built on a foundation of trust. However, while joint ventures typically begin with high expectations, their long-term success depends less on optimism and but more on how well they are structured from a legal and organizational perspective.

Radical steps have long been taken in the Turkish commercial landscape to increase transparency, reduce bureaucratic hurdles, and integrate digital transformation with corporate governance principles. The Turkish Commercial Code No. 6102 (TCC) historically regulated the maintenance, notary certification, and retention of corporate books within a traditional, physical framework.

Ödeme ve elektronik para kuruluşlarının (“Kuruluş”) kurumsal yönetimi ile bu yapının temel organı olan yönetim kurulunun ve üyelerinin hukuki ve cezai sorumluluğu büyük önem taşımaktadır.

The corporate governance of payment and electronic money institutions (the “Institutions”) and the legal and criminal liability of the board of directors and its members, as the main governing body of such structure, are of great importance.

Rekabet Kurumu (“Kurum”) mart ayında yapay zeka ekosistemi ile çimento sektörüne yönelik başlattığını duyurduğu kapsamlı sektör incelemeleri ile birlikte gıdadan sigortacılığa, bankacılıktan bağımsız denetim şirketlerine uzanan geniş bir yelpazede yeni soruşturmalar başlattığını duyurdu.

ESG (Environmental, Social, Governance – Çevresel, Sosyal ve Yönetişimsel) ilkeleri, son yıllarda ticari sözleşmelerin içeriğinde ya açık ya da zımni olarak yer bulan önemli normatif standartlara dönüşmüştür.

In recent years, ESG (Environmental, Social, Governance) principles have evolved into significant normative standards that appear—either explicitly or implicitly—within the content of commercial contracts.

6102 sayılı Türk Ticaret Kanunu ("TTK") m. 411 uyarınca, anonim şirket sermayesinin en az %10'unu, halka açık şirketler açısından ise %5'ini oluşturan pay sahipleri azlık pay sahibi olarak nitelendirilirler.