ROMANIA IS ENACTING THE SECONDARY LEGISLATION PERTAINING TO CYBERSECURITY IN AN EFFORT TO AVOID EUROPEAN SANCTIONS
Background On October 30, 2020, the European Commission sent a reasoned opinion[1] regarding Romania’s failure to notify the national measures allowing for the identification of operators, the number of operators of essential services and the thresholds used in the identification process. The notification process is part of the implementation process of the Directive (EU) 2016/1148 …
Covid-19 and Supply Chain Breach of Contracts. Who is accountable?
Who will be considered accountable for the losses, in the cases where suppliers are not able to meet customers’ order and delivery obligations, due to COVID-19 outburst?
Obligation to inform ZUS about the concluded contracts for performance of a specific task
Starting from 1 January 2021, a payer of contributions or a person commissioning performmance of a specyfic task will be obliged to inform the Social Insurance Institution (ZUS) about every contract for performance of a specific task.Registration will not be necessery only in cases where the contract for performance of a specific task is concluded …
Ukrainian banks vs unfair corporate debtors: the recent context
Non-performing loans (NPL) are one of the most popular types of credit contract breaches that substantially distorts the economy of any country and damages the health of the banking system as a whole. In Ukraine, the issue is especially acute: nearly a half the of credit portfolio of Ukrainian banks is non-performing.
REGULATION ON AMENDING THE REGULATION ON TRADE OF SECOND HAND MOTOR LAND VEHICLES
Within the scope of the Regulation on the Trade of Second Hand Motor Vehicles, Article 2/1;
Obligations Introduced by the Law No. 5651 Law on Amendment the Law About Regulation of Publications
The Law No. 5651 on the Amendment of the Law on the Regulation of Publications Made on the Internet and Fight Against Crimes Committed Through These Publications (“Internet Law”) was published in the Official Gazette No. 31202 on 31/7/2020. With the amendments that have occurred, large-scale regulations have been made and sanctions have been imposed, …
On Institutionalization in Family Corporations Under Turkish Law
As is known, vast majority of corporations in Turkey are family corporations. As stated by Güler Sabancı, the Chairman of the Board of Directors of Sabancı Holding, in newspaper Hürriyet dated 04.10.2017, “95 percent of businesses in Turkey comprise of family corporations. Average lifetime of family corporations in Turkey is 25 years. Only 30 percent …
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THE EFFECT OF HOUSİNG, LAND, AND PROPERTY (HLP) RIGHTS ON WOMEN IN EXTRAORDINARY CONDITIONS
In many parts of the world, women and girls are disadvantaged with limited economic assets, education and job opportunities, and it is a fact that once the crisis is over they will find themselves behind the old normal healthy world. Many women work in the informal sector and do not have access to job protection, …
İcra İflas Kanunu Madde 100 Bilgi İstemi ve Uygulaması
İcra ve İflâs Kanunu’nun 100. maddesi uyarınca alacağı, haczi koyduran alacaklının alacağından önce doğmuş olan alacaklı, bu durumu kanunun öngördüğü belirli vasıtalarla ispat ederek, hacze ayni derecede katılabilir. Bu taşınmazın satışı için yapılacak ön işlemlerde herhangi bir hak kaybı olmaması ve satış yapıldıktan sonra sıra cetveli oluşturularak satış bedelinin ödenmesi açısından 100. madde bilgilerine başvurulması …
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THE PROVISIONS THAT HAS BEEN POSTPONED OF THE RENTAL AGREEMENT
Introduction In the Turkish Code of Obligations No. 6098, the entry into force of some provisions related to workplace rental agreements in which the tenant is a merchant or legal person has been postponed for eight years. Articles 323, 325, 331, 340, 342, 343, 344, 346 and 354 of the Turkish Code of Obligations, that …
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