Pursuant to the Turkish Commercial Code No. 6102 ("TCC"), invoices used in commercial life are significant for the proper conduct of commercial relations and the prevention of disputes. According to Article 21 of the TCC, if no objection is raised within eight days from the date of receipt of the...
In the third article of this series, we address the rental determination case as a means of adjusting the rental price. A rental determination case is filed to revise the rent in accordance with current market conditions and the terms stated in the lease agreement. This type of case frequently...
Breach of Lease Agreement and Legal Consequences In the first article of this series, we touched upon several key points to consider when drafting a lease agreement. Now, we will continue the series by discussing the sanctions that may be applied in response to a tenant’s breach of contract.The lease...
The Importance of Lease Relationships and Agreements Lease relationships have become increasingly significant in legal systems due to the growing number of disputes. While issues like rent increases and eviction processes often attract public attention, the foundation of these processes lies in the lease agreements. Lease agreements form the basis...
Intellectual property rights hold critical importance in today’s business world, as they help companies maintain their competitive edge. These rights encompass assets such as trademarks, patents, trade secrets, copyrights, and other creative works. However, the protection of these valuable assets presents several challenges for companies. Below are the most common...
Franchise agreements are critical documents that form the foundation of a successful business partnership. These agreements set clear boundaries and expectations between the franchisor and the franchisee. However, given the complexity of the process, there are several key considerations to bear in mind when drafting such agreements:Brand and Intellectual Property...
The Artificial Intelligence Act prepared by the European Union on 13.06.2024 came into force on 02.08.2024. However, many provisions of the Act will enter into force on 02.02.2025. Regarding the classification of high-risk artificial intelligence systems and the special regulations introduced for these systems, the Act will take effect on...
In this letter, we will briefly discuss the necessary actions to be taken regarding trademark infringement, a common issue faced by companies. These actions must be taken promptly.Trademarks are protected under the Law on Intellectual and Artistic Works No. 5846 (hereinafter referred to as “FSEK”). By being registered, trademarks are...
1. Brief Information on Valid and Justified Termination Rights In employment law, there are two types of termination: valid termination and justified termination. Justified termination allows the employer to terminate the employee’s contract without paying severance or notice compensation. On the other hand, valid termination ensures job security for employees...