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Ersoy Bilgehan | Turkey | 5 Oct 2017

R.o.T. Prime Ministry Undersecretariat of Treasury publishes new circular on Islamic Insurance (Taqaful Insurance)

On, 20th September 2017 ,The Undersecretariat of Treasury of Turkish Prime Minister’s Office published a circular on ‘’Working Principles and…
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Ersoy Bilgehan | Turkey | 28 Apr 2017

Turkey Ratifies CMR Protocol Concerning the Use of Electronic Consignment Notes

The Turkish Parliament has ratified the Additional Protocol to the Convention on the Contract for the International Carriage of Goods by Road ("CMR")…
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Ersoy Bilgehan | Turkey | 19 Apr 2017

Turkish Parliament Ratifies the Arrest Convention 1999 and the Maritime Liens and Mortgages Convention 1993

The Turkish Parliament has been on a ratifying spree in the past few weeks and has ratified a large number of international conventions that were on…
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Ersoy Bilgehan | Turkey | 10 Apr 2017

MLC 2006 Finally Ratified by Turkey

MLC 2006 of the International Labour Organisation ("ILO") dated 07 February 2006 has been ratified, declared and published in the Official Gazette…
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Ersoy Bilgehan | Hong Kong, Turkey | 31 Mar 2017

Turkey ratifies Hong Kong convention on ship recycling

The Turkish Parliament has ratified The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships ("the…
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Ersoy Bilgehan | Turkey | 14 Jan 2014

Court of Appeal casts doubt on need for spousal consent in personal guarantees

We previously reported in our Client Alert of February 2013 that the New Turkish Code of Obligations (the "TCO"), which came into force on 1st July…
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Ersoy Bilgehan | Turkey | 19 Dec 2013

Ruling by the Turkish Revenue Administration on whether a manager of a sole shareholder limited liability company can be entitled to a fee

Since the new Turkish Commercial Code has entered into force on July 01, 2012, limited liability companies can now be incorporated with a sole…
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Ersoy Bilgehan | Turkey | 4 Dec 2013

Court of Appeal opens door for cheaper court fees on enforcement actions

Turkey, being party to the New York Convention of 1958 and having bilateral agreements or reciprocity with many countries, is a relatively convenient…
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Ersoy Bilgehan | Turkey | 2 Dec 2013

New fines introduced for non-compliance

Since its entry into force on 10 November, 2006, the Regulation on General Inspection and Certification of Ships (the "Regulation") has been the…
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Ersoy Bilgehan | Turkey | 5 Nov 2013

Changes to the licensing process in the new Turkish electricity market legislation

The new Electricity Market Law (the "New Law") that came into force on March 30, 2013 1 brought some changes to the licensing procedures, especially…
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