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Member Articles


Clarity in Competing Class Actions: High Court reinforces that there is ‘no one size fits all’ approach to competing class actions

Authors: Martin del Gallego, Matthew Harris Over the years, courts have developed creative and innovative ways of dealing with multiplicity of proceedings born out of competing class actions. One such method, now e ...

Uruguay - 2020 Balance on Uruguay's Tax Residence Rules

Uruguay is becoming an increasingly popular jurisdiction for tax residence. The trend is normally attributed to several factors: Uruguay’s democratic traditions, institutional stability, a business friendly Administrat ...

State of Emergency Regulation

Decree No. 4/2021 of the 13th of March was published, regulating the state of emergency decreed by the President of the Republic. The decree maintains some of the temporary restrictive measures implemented in January an ...

The Practice of Unforeseen Circumstance in EPC Contracts

Author: Tuna Colgar Introduction In EPC Contracts, especially for the international ones, there is a long period between the finalization of the tender or the execution of contract and delivery of the work. It is a qui ...

Portfolio Management Companies 101

Author: Yagmur Zeytinkaya The portfolio management companies (“PMC”) that are defined under Article 55 (Portfolio Management Companies) of Capital Market Law numbered 6362 (“CML”) are joint stock companies whose ...

Parent-Subsidiary Liability Within the Scope of Foreign Corrupt Practices Act

Author: Merve Bakirci Traditionally, with an aim to prevent corrupt practices internationally, pursuant to the Foreign Corrupt Practices Act (“FCPA”), offering anything of value to foreign public officials while per ...

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