ESG and SUSTAINABILITY History and Definition The concept of sustainability was first used in the “Brundtland Report” prepared by the United Nations World Commission on Environment and Development in 1987. In the Brundtland Report, named after Gro Harlem Brundtland, former Prime Minister of Norway, who was the President of the World Commission on…
MERGER AND ACQUISITION PROCESS 1-GENERALLY 1.1 Merger and Acquisition Merger refers to the process in which two companies, usually through the exchange of shares, become a single entity, and the legal personality of one partnership is absorbed into another. Acquisition, on the other hand, is defined as the complete or partial purchase…
Turkey has gained a really bad reputation since European Court of Human Rights started accepting individual applications in 1987. It is obvious that our country is bad at applying the fundamental human rights accepted in European Convention on Human Rights, an international regulation. Within this scope, protection of fundamental human rights accepted by European Convention…
It is possible for confidentiality agreements to be applied to all commercial relations. Before telling your potential business partners, 3rd party potential investors or your employees about a new original idea, product, prototype, software, invention or concept or classified information that may consist a trade secret, such as your client list, a confidentiality agreement should…
Arbitration is a method of resolving private law disputes by unbiased and objective arbiters or arbitral tribunals, rather than courts. The decisions made by arbiters or arbitral tribunals are binding like court rulings, and are enforced in the same manner. Arbitration has a history in both our country and the world. Especially in the last…
As 01.07.2012, the date of enforcement approaches, the discussions about the new Turkish Commercial Code intensify. On one hand, the new Turkish Commercial Code brings resolutions to some problems in practice and fills in some gaps, on the other hand, it brings some new terms and new regulations that wasn’t in the previous code. As many of the…
In General With globalisation, the world became smaller, and relationships, especially commerce, became more complicated / sophisticated. Commercial relations that were based on a certain or determinable sociality or generally a “personal acquaintanceship” in the traditional sense of commerce started to take place in an almost indeterminable environment and sociality (with companies anywhere in the…
As technology becomes a part of daily life, it affects the individual and social aspects of it. It often changes it in a positive way with new possibilities that is produced and provided by every day technology. These technological improvements are embraced by everyone, however, the same technology can be used with bad intentions, and…
In our previous issues we gave information about intellectual property rights and supported it with related High Court decisions. We hope we were able to inform the Refrigeration World Magazine readers about patents, industrial design rights and protections given by those rights, which we believe have a great importance in commercial life. However, we haven’t…
