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Article

Acar & Ergonen Law Firm | Turkey | 8 Feb 2019

Recent amendment to rent increase threshold

Turkey recently amended Article 344 of the Code of Obligations, which regulates the upper limit of rent increases for residences and workplaces with a…
Article

Acar & Ergonen Law Firm | Turkey | 21 Jan 2019

Central Bank announces 2019 default interest rate for commercial agreements

Each January, the Central Bank determines and announces the default interest to be applied where parties fail to agree on such interest or when their…
Article

Acar & Ergonen Law Firm | Turkey | 14 Jan 2019

Mandatory mediation process for commercial disputes introduced

The Law regarding Procedures for Initiating Legal Proceedings for Monetary Claims deriving from Subscription Agreements, which introduces a mandatory…
Article

Acar & Ergonen Law Firm | Turkey | 12 Oct 2018

Communique on procedures and principles regarding capital loss and insolvency introduced

The Communique on the Procedures and Principles regarding the Application of Article 376 of the Commercial Code recently came into force. It…
Article

Acar & Ergonen Law Firm | Turkey | 2 Jul 2018

Recent amendments to Law on Movable Pledges in Commercial Transactions

The Law Amending Certain Laws to Improve the Investment Environment recently came into force to boost Turkey's investment environment. The law has…
Article

Acar & Ergonen Law Firm | Turkey | 18 Jun 2018

New electronic notification requirements introduced

The recent amendments introduced to the Notification Law have significantly broadened the scope of parties for which electronic notification is…
Article

Acar & Ergonen Law Firm | Turkey | 28 May 2018

Amendments to Commercial Code introduced

The Law amending Certain Laws to Improve the Investment Environment was published in the Official Gazette on March 10 2018 with different enforcement…
Article

Acar & Ergonen Law Firm | Turkey | 24 Jul 2017

Capital contributions in joint stock companies

Under the Commercial Code 6102, shareholders must contribute capital to commercial companies incorporated by law (the so-called 'contribution…
Article

Acar & Ergonen Law Firm | Turkey | 10 Feb 2017

New law on pledges over movable assets in commercial transactions

In an effort to improve collateralisation options and facilitate the access of small and medium-sized businesses to financing, Parliament recently…
Article

Acar & Ergonen Law Firm | Turkey | 6 Feb 2017

New communique on signing articles of association before trade registries

Following the entry into force of the Law Introducing Several Amendments in Different Laws to Improve the Investment Environment in August 2016, the…
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