In its basic sense, property gives the rightful owner rights, such as preservation, claim and ownership on the property they own. In the case of ships’ property, the integral parts and accessories of the ship are evaluated within the scope of ownership. It is important to also and clearly identify issues that are not included...
With the transfer of commercial enterprises, it is possible to transfer assets and debts. The main principle of transfer of operation is that a business enterprise should be able to continue operating as it was transferred. To achieve this, the commercial relations of the commercial enterprise and the contracts made to maintain the business relations...
INTRODUCTION A current account agreement is an agreement that is frequently used in business and commercial life. Using this agreement, the parties have the opportunity to have some kind of exchange, discharging mutual claims and debts to each other separately. In this aspect, the current account agreement is both a means of payment and undertakes...
INTRODUCTION Ensuring certainty and stability in commercial life is one of the important elements that contribute to the principle of legal security and the country’s economy. Invoices for documenting and recording contracts drafted by merchants ensure that this element is implemented in commercial relations. In this bulletin, necessary information on the written form requirements of...
The prosecution proceedings are suspended temporarily by the “decision on delaying the pronouncement of the judgement”. How is statute of limitations applied on the decision on delaying the pronouncement of the judgement? Abstract The prosecution proceedings are suspended temporarily by the “decision on delaying the pronouncement of the judgement”. According to the law, during the probation...
Abstract: While the legal entity is responsible for all assets due to the debts of limited liability companies, the debts of the partners against the company are limited. In limited liability companies, the principle is adopted that partners are not responsible for company debts, except for public receivables. Subsidiary payment and ancillary obligations may...
Banks require collateral for the checks or letters of guarantee they have given to their customers. This collateral can sometimes be real estate and sometimes securities. But what if banks resort to foreclosures to cover their own risks? A jurisprudence has been developed that the provisional attachment is not an enforcement action but a special temporary legal protection...
Of course, communication, which is one of the uncontrollable points of the technology age, cannot be expected not to be reflected in court decisions. So this is the situation; Could the information sharing and chat made through the what’s up group established by the workers among themselves be the reason for the termination of the employment...
In the Enforcement and Bankruptcy Law, the duration and procedure of complaints are limited in the proceedings through foreclosures specific to bills of exchange. In this context, it is beneficial to act in accordance with these ways and methods in order to obtain a valid result. 1 – Complaints for which a period of 5 days...
One of the most important risks encountered in foreign trade is that the promised good is not in the amount, type, and quality specified in the contract or the price is not paid. It is observed that the parties generally tend to keep costs low such as transportation and insurance costs and increase the profit...
