LAW ON INTERNATIONAL SALE OF GOODS What is CISG? The United Nations Treaty on Contracts for the International Sale of Goods (“1980 Vienna Convention” or shortly “CISG”) is an international agreement that was ratified 1980. It regulates the rights and obligations of the buyers and the sellers in international sale of goods. What is the […]
Vienna Convention and International Sale of Goods Read More »
Is it Legal to Make Contract Based on Foreign Currency in Turkey? What Changed in the Turkish Law on Foreign Currency Contracts? The Turkish legal system underwent significant changes on September 13, 2018, affecting contracts in foreign currency. These alterations were introduced to stabilize the Turkish Lira and impact certain agreements within Turkey. What is
INCOTERMS 2020: Terms of Delivery for International Sale of Goods What are INCOTERMS 2020? INCOTERMS, an acronym which stands for international commercial terms, are standard terms published and trademarked by International Chamber of Commerce (ICC), for and used in international commerce, maritime law and basically all modes of transport under shipping law. INCOTERMS 2020 are
SHIP MORTGAGE IN TURKISH MARITIME LAW Maritime Law plays a pivotal role in Turkey’s economy, with ships being central to commercial activities. Acquiring ships usually involves credit arrangements, with mortgages serving as primary security for such loans. This article delves into the intricacies of ship mortgages in Turkish law, highlighting the legal frameworks and processes
Ship Mortgage Procedures under Turkish Maritime Law Read More »
Escrow Agreements in Turkey What is an Escrow Agreement in Turkish Law? An escrow agreement in Turkish law involves a neutral third party, known as the escrow agent, who is entrusted with holding funds or assets from the buyer. This arrangement continues until the seller fulfills specific, predefined conditions. Upon satisfaction of these conditions, the
Escrow in Turkey – Escrow Agreements in Turkish Law Read More »
Disclaimer: The contents of this entire website have been published in good faith, free of charge, without assumption of any liability, and should not be construed as binding legal opinion on any particular person or matter. For an actual legal opinion on a particular case, please consult an attorney.
Copyright © 2024 Antalya Law Firm | English-Speaking Lawyer in Antalya
