The significance of tourism in the global economy and the changing habits of travel have made short-term residential rentals a popular alternative among accommodation options. The rise of platforms like Airbnb and the rapid growth of the sector have begun to render existing legal regulations insufficient, necessitating new legislation in many countries, resulting in the …
Trade Fairs in Turkey: Unpacking the Regulatory and Procedural Essentials
Turkey, strategically poised at the crossroads of Europe and Asia, has long been a hub of trade, commerce, and cultural exchange. This unique geographical advantage, combined with its burgeoning economy, has cemented its position as a focal point for global businesses and investors. An integral aspect of this international commerce is its vast trade fair …
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Unpacking Distributor Agreements in Turkey: What Every Business Should Know
The legal landscape of distributor agreements in Turkey is both fascinating and intricate. Like many jurisdictions worldwide, Turkey does not offer a clear-cut legal definition for distributorship agreements. These agreements, which bridge the gap between producers and the end consumers, have evolved in their scope and importance over the years, creating a need for a …
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Biometric Signatures in Turkey: Legal Implications and Data Protection Concerns
I. Introduction to Biometric Signatures in Turkey Biometric signatures, a contemporary convergence of technology and personal identification, represent a new frontier in the world of electronic and digital validation. At their core, biometric signatures are an offshoot of biometric data. This data, renowned for its inherent association to an individual and its typically unchangeable nature, …
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Sealing the Deal: Guidelines for Foolproof Turkish Real Estate Contracts
How to Ensure the Validity of Turkish Real Estate Contracts I. Introduction to Promise of Sale Contracts In the vast and intricate landscape of property dealings, real estate contracts serve as the bedrock of transactions, ensuring that both parties' interests are adequately safeguarded. Among these, the promise of sale contracts emerges as an especially significant …
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Distributorship Agreements Under Turkish Law
The Intricacies and Legal Implications of Distribution Agreements in Turkey I. Legal Standing of Distributorship Agreements Distributorship agreements do not have a clear definition under Turkish law and are therefore a complex and unique type of agreement. They can be generally defined as agreements allowing for the distribution of produced goods to customers and end users, …
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The Importance of Due Diligence
Emir Aksoy LL.M, LL.M. IP On a broader sense Due Diligence means the assessment of a company by a prospective buyer through an investigation and analysis of a target company. In this Article our aim is to provide an overview on how to draft a due diligence report (hereinafter referred as “DD”) and with a …
THE IMPORTANCE OF CONFIDENTIALITY AGREEMENTS
Emir Aksoy LL.M., LL.M. IP Confidentiality Agreements or also known as Non-Disclosure Agreements (NDAs) are often used between companies in order to protect their confidential information, developed technology, know-how and/or trade secrets that might be given to the receiving party during their interaction. The general industry practice is to keep these NDA’s as short as …
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