Intercoms 2020 Rules for the CIF – Cost Insurance and Freight
International contracts typically contain shorthand terms known as Incoterms. Incoterms is an acronym standing for international commercial terms. These standard terms hold a universal meaning for sellers and buyers around the world and are used in sales contracts for importing and exporting, delineating how costs and risks are allocated to the parties conducting international transactions. …
Continue reading “Intercoms 2020 Rules for the CIF – Cost Insurance and Freight”
Key Components of a Non-Disclosure Agreement
A Non-Disclosure Agreement (“NDA”) is a legal document signifying mutual consent of the parties to render certain information exchanged pursuant to a commercial transaction as confidential. An NDA safeguards sensitive information owned by a party, which is being divulged to the counter party in furtherance of an objective.
CONDITIONS AND PROCEDURES FOR AN INITIAL PUBLIC OFFERING
An Initial Public Offering (also known as “IPO”) refers to the process of issuing shares of a joint stock company to the public for the first time. An IPO is a huge step for a company as it allows the company to raise a lot of money from a wide range of investors, as well …
Continue reading “CONDITIONS AND PROCEDURES FOR AN INITIAL PUBLIC OFFERING”
Thailand: Long-Term Resident (LTR) Visa
This guide explores the Long-Term Resident Visa (LTR), a visa designed for high-potential foreigners who wish to reside in Thailand for an extended period.
New code of practice setting out top management’s workplace safety and health responsibilities
The Ministry of Manpower has recently launched a workplace safety code of practice for company management (the “Code of Practice”). The Code of Practice is targeted at the top management of the company (i.e. the chief executive and company directors) as they have the influence and control over budgets, priorities and training for workplace safety …
Renaissance of Smart Contracts – Blockchain
The journey to “Industry 4.0” not only brought technological advancements but also generated technical, philosophical, and legal questions and potential problems. Digital technology, blockchain, big data, and artificial intelligence have led to serious discussions in private law, even in commercial law, capital markets, and intellectual property law where there are preestablished and traditional rules. It …
Continue reading “Renaissance of Smart Contracts – Blockchain”
WHOSE ARE OUR PHONE NUMBERS?
In Montenegro, the Law on protection of personal data is still in power, and was last amended on April 3, 2017 („LPPI“)
Law No. 7418 on Amendment of Press Law and Certain Laws is Published
Law No. 7418 on Amendment of Press Law and Certain Laws (“Amendment Law”) is published in Official Gazette of October 18, 2022 and introduced significant amendments on certain laws including the Press Law No. 5187, the Turkish Criminal Code No. 5237 and the Law No. 5651 on the Regulation of Broadcasts via the Internet and …
Continue reading “Law No. 7418 on Amendment of Press Law and Certain Laws is Published”
Contemporary Dynamics of Dawn Raiding Powers of the Turkish Competition Authority: Current Status of a Debate on Concealment of Evidence
This case summary includes an analysis of the Ankara 2nd Administrative Court’s (“the Court of First Instance”) Sahibinden SoE decision (E. 2022/254, 15.04.2022) in which the Court of First Instance stays of execution of the Board’s decision where the Board imposed an administrative monetary fine on Sahibinden for hindering and complicating the on-site inspection as …
Latest Developments in Turkish Data Protection Practice and Regulation
Recently, there have been certain significant developments regarding the data protection practice and some important guidelines have been published by the Turkish Personal Data Protection Authority. Below is an overview on the important points of the relevant developments.