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Midyat & Midyat Law Firm

Vatan Caddesi Avrasya Is Merkezi No:6 K:6 D:21 Caglayan
Istanbul 34403
Turkey

Phone+90 212 225 40 45
Fax +90 212 225 40 46

Law Firm Overview

Midyat & Midyat law firm, founded in 1970 in Istanbul by Fahrettin Midyat, is perfectly located in the commercial heart of Istanbul with easy access for business clients.



Midyat & Midyat Law Firm - Providing services in the following areas of law:

Articles Published by Midyat & Midyat Law Firm

 Commercial Agents and Agency Contracts under the new Turkish Commercial Code

The new Turkish Commercial Code will enter into force as of July 01, 2012. Although the provisions regarding the commercial agents are in parallel with the current Turkish Commercial Code in general, the new Turkish Commercial Code has introduced some important novelties in order to harmonize the agency provisions with the Council Directive 86/653/EEC.

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 Establishment of Joint Stock Companies and Limited Liability Companies in the New Turkish Commercial Code

The new Turkish Commercial Code (“NTCC”) No. 6102 shall enter into force as of July 01, 2012. In parallel with the harmonization process of Turkish Law with acquis communautaire, the NTCC has significantly changed the existing system and replaced the outdated provisions of the current Turkish Commercial Code (“TCC”) with practical ones. As one of the aims of the NTCC is to boost investment, advanced provisions regarding the establishment of the companies have been introduced.

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 The Commercial and Legal Significance of Laytime & Demurrage in English Law and the New Turkish Commercial Code

So far as the global shipping practice is concerned, laytime & demurrage is one of the most complicated topics for both ship-owners and charterers under voyage charter-parties. Thus, the dynamic between the parties has been sought to be balanced through a number of attempts which have been made either by courts or legislators in shipping world.

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 The Impact of the New Turkish Commercial Code on Joint Stock Companies and Limited Liability Companies

The new Turkish Commercial Code (NTCC) No. 6102 will enter into force on July 01, 2012. The ultimate purpose of the legislator is to modernize Turkish Commercial Law by adopting parallel provisions to the ones being used in the EU. In this respect, it provides a more practical procedure for establishment, includes various requirements to increase transparency, obliges companies to use generally accepted accounting standards and requires them to use information technology tools.

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 Termination of Employment Contracts and Collective Dismissals as a Result of Mergers in Turkey

While mergers and acquisitions have considerable advantages in terms of efficiency, they may also lead to significant employment issues and carry potential liabilities for the merging parties, especially when they involve large group of employees. The parties can reduce the risk of claims and detrimental effects of such mergers by addressing the issues in the negotiation process.

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