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Member Articles


What is an Affected Market?

Introduction The Communique Concerning Merger and Acquisitions Calling for the Authorization of the Competition Board (“Communique”)[1] defined the concept of affected market, and regulated the information that ...

Taking Care of Business in the Family: Resolution Ahead of Time

Is a family constitution the cure? Should a family constitution be the guide that includes all of the solutions to those problems which might occur, or rather, should it propose approaches to resolve problems before they ...

Ceasing Commercial Activities versus Liquidation of Legal Entities

Introduction Bankruptcy and Enforcement Code No. 2004 (“BEC”) [1] regulates certain obligations for merchants who are ceasing to continue their commercial activities. Pursuant to Art. 44 BEC, a merchant ce ...

Assignment of Receivables as Security

Introduction The assignment of receivables, which constitutes an important security method under the obligations law, is regulated under Articles 183 to 190 of the Turkish Code of Obligations, No: 6098 (“Code”). The ...

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