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(Temporary) End to So-Called Turboliquidation

On July 5, 2022, a bill was introduced in The Netherlands to make a turboliquidation more difficult for the duration of two years. The effective date of this bill is still unclear. The temporary law is introduced in conn ...

Distressed Clients? Struggling Suppliers? Recession Risks? 7 Practical Considerations to Protect Your Bottom Line

Author: Jennifer McLain McLemore Customers and suppliers may not willingly admit they are in distress, even when sources of economic pressure can be found everywhere. However, there are some practical steps you can take ...

The Constitutional Court’s Decision on Cahide Demir’s Application with regards to the Right to Property

Author: İdil Yıldırım Introduction The Constitutional Court, in its decision dated 14.09.2021 on application no. 2018/25663 (“Decision"), found that applicant Cahide Demir’s right to property was violated on th ...

Recent Amendments to Execution and Bankruptcy Law and Authorization of the Debtor for Sale by Consent

Author: Alper Uzun Introduction With Law No. 7343 on the Amendment of the Execution and Bankruptcy Law and Certain Laws (“Law No. 7343”), which entered into force through its publication in the Official Gazette dat ...

The Sanction of a Contract Provision Being Deemed Unwritten in the Context of General Terms and Conditions

Author: Rüştü Mert Kaşka The use of general terms and conditions is a commercial reality not only in consumer transactions but also in commercial transactions in certain industries such as automotive[1], banking, in ...

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