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Member Articles


The Transfer of Commercial Enterprises pursuant to the Turkish Commercial Code

Contact: Erdem & Erdem (Turkey) Turkish Commercial Code No. 6102(“TCC”), which entered into force on July 1, 2012, brings novelties on the transfer of a commercial enterprise. The Trade Registry Regulation(“TRR” ...

Exit Right and Squeeze Out From Limited Liability Companies

Contact: Erdem & Erdem (Turkey)  Introduction There are mainly three methods for exiting a limited liability company: transfer of shares, an exit right and squeeze out. Unless the articles of association forbid th ...

Communiqué Regarding Debt Securities

Contact: Erdem & Erdem (Turkey) The Communiqué Regarding Debt Securities (II-31.1) (“Communiqué”) was published in the Official Gazette dated 07 June 2013 and numbered 28670. The Communiqué on the Principles Rega ...

Preliminary Companies Pursuant to Provisions of the TCC

Contact: Erdem & Erdem (Turkey) Introduction Turkish Commercial Code No. 6102[1] (“TCC”) separately regulates the incorporation of a joint stock company and a company becoming a legal entity. A joint stock comp ...

Score One for Common Sense: A Full Day Personal Leave Policy Does Not Destroy the Professional Exemption

  Contact: Michael J. Neary; Lerch, Early & Brewer (Maryland, USA) So, as summer winds to a close, what can you be thankful for? Well, if you run a business, start with the Fourth Circuit! In late August, the Fou ...

New Maryland Law Requires Employers to Provide Additional Leave to Families of Service Members

Contact: Julie A. Reddig; Lerch, Early & Brewer, Chtd. (Maryland, USA) Maryland employers should be aware of a new law passed by the Maryland legislature that requires certain employers to provide one day of l ...

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