Dividend distribution restrictions imposed on companies in scope of COVID-19 measures and assessment of liability of shareholders and board of director members in case of dividend distributions contrary to the new regulations
Turkey Legal Update
Turkish Color of the Month
Born in Elazığ on the east of Turkey, Saim Dursun, depicts, with the warm liveliness of light and color on his spatula, the true Anatolian picture uncovering the strong willpower of Turkish people and their joy of life despite hardship.
News and Events
As Turkey enters the normalization phase after COVID-19, employers should ensure that the minimum requirements set by the guidelines of the governmental authorities are taken at the workplaces to minimize the risk of transmission.
Patent protection is the main incentive to invent in COVID -19 time and it is not only about sustainability of access to medicine but also inventing acts. Strengthening compulsory licensing can only have a chilling effect on inventing.
To ensure uniform comprehension of manipulative and misleading transactions in banking, the newly introduced regulation may require further guidelines and indicators.
Under certain conditions, foreign court decisions can be enforced in Turkey and with the enforcement, foreign court decisions will be treated as Turkish court decisions, they will have the same consequences and will be executed in Turkey.