In the Turkish legal system, the dissolution of joint stock companies may occur for various reasons. These reasons are regulated under both general and special provisions in the Turkish Commercial Code No. 6102. Upon dissolution, the liquidation process begins, ultimately resulting in the complete termination of the company’s legal personality. However, in certain circumstances, it...Read More

With the Communiqué Amending the Communiqué on Principles Regarding Venture Capital Investment Funds (Communiqué Amendment) published in the Official Gazette dated September 21, 2024 and numbered 32669, certain amendments were made to the Communiqué on Principles Regarding Venture Capital Investment Funds (Communiqué). With the Communiqué Amendment; Venture Capital Investment Funds’ Investments in Foreign Companies Made...Read More

With the entry into force of the “Decision on the Amendment of the Decision on the Implementation of Certain Articles of the Customs Law No. 4458” (Decision) published in the Official Gazette dated August 6, 2024 and numbered 32624, Articles 62/1 and 126 of the Council of Ministers Decision No. 2009/15481 K. dated 29/09/2009 were...Read More

In the Official Gazette dated July 24, 2024 and numbered 32611, Article 5 of the Communiqué on the Electronic General Assembly System to be Applied in the General Assemblies of Joint Stock Companies published in the Official Gazette dated 29/08/2012 and numbered 2839 was amended and this amendment entered into force on the date of...Read More

In response to appeals by Union de la Bijouterie Horlogerie and Pellegrin & Fils, France’s competition authority, the Autorité de la concurrence (Autorité), fined Rolex France for prohibiting its retailers from selling Rolex watches online for more than a decade. The selective distribution agreement regulating the dealings between Rolex and its retailers prohibited retailers from...Read More

Within the scope of compliance with the amendments made in the Law No. 585 on the Regulation of Retail Trade, the “Regulation Amending the Regulation on the Principles and Rules to be Applied in Retail Trade” (Regulation) was published in the Official Gazette dated 14 December 2023 and numbered 32399 to enter into force on...Read More