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Member Articles


Prohibition on Loans by Companies to Their Shareholders Pursuant to the New Turkish Commercial Code

Contact: Att. Leyla Orak; Erdem & Erdem Law Office (Turkey) Introduction The Turkish Commercial Code numbered 6102 (the “New TCC”) has been enacted by the Grand Turkish National Assembly on 13 January 2011. Am ...

Limited Corporations under Turkish Commercial Code Numbered 6102

Author: Att. Nilay Celebi from Erdem & Erdem Law Office The New Turkish Commercial Code Numbered 6102 (“New TCC”) and the Act numbered 6103 on the Entry into Force and Application of the Turkish Commercial Code ...

Usury Limits to Set Interest Rates Under the New Code of Obligations: Shall the limitations Apply to Business Transactions?

Author: Att. Fatih Isik from Erdem & Erdem Law Office Introduction The parties to a loan agreement may freely set the interest rate to be applied on the amount subject to the agreement. In case the parties did not ...

Dissolution and Liquidation of Joint Stock Companies in Turkey

Author: Prof. Dr. H. Ercument Erdem from Erdem & Erdem Law Office (Turkey) The New Turkish Commercial Code numbered 6102 (“New TCC”) entered into force on July 1, 2012 with the amendments made by the Law o ...

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