1) What is a “blank signature” and why it is legally dangerous? A blank-signed document is a paper or instrument signed while the text is empty or incomplete, later filled in by the other party. In business life, this often happens “for convenience” (e.g., “we’ll fill the amount later”), but it creates a severe legal […]
1) What is culpa in contrahendo? Culpa in contrahendo (pre-contractual liability) is liability that may arise before a contract is formed (or even when a contract is later found invalid), where one party’s conduct during negotiations violates good faith and causes the other party to suffer loss. In simple terms:You may be liable not because […]
1) Why form requirements matter (more than people think) In day-to-day business, parties often believe that “if we agreed, it’s binding.” Turkish contract law generally respects freedom of form, meaning most contracts can be concluded orally. However, Turkish legislation also imposes mandatory form requirements for certain transactions—especially those that affect third parties, involve registration systems, […]
1) Why these three concepts matter in real disputes When a contract is “problematic,” the label you choose—nullity, voidability, or suspended invalidity—often decides the case before you even reach damages. That’s because each category determines: In Turkish practice, these concepts typically map as follows: 2) Nullity (Absolute Nullity): the contract is void from day one […]
1) Why Offer and Acceptance Matter in Turkey In Turkey, many contractual disputes start with a basic question: “Did we actually agree?” A signature is not always required for a contract to exist. Under the Turkish Code of Obligations (TCO / TBK), the essential idea is that a contract is formed through matching declarations of […]
1) What Is a Contested Divorce in Turkey? A contested divorce in Turkey is a divorce case where spouses cannot agree on either (i) the divorce itself or (ii) the consequences of divorce—such as child custody, visitation, alimony, property division, compensation (material/moral damages), and use of the family home. Unlike an uncontested (mutual) divorce, contested […]
1) What Is a Term Sheet and Why Does It Matter Legally?A term sheet is the document that sets out the core economic and governance terms of a venture capital investment. It is designed to align expectations, narrow negotiation points, and provide a clear roadmap toward definitive investment documents (e.g., share subscription agreement, shareholders’ agreement). […]
Legal Status and Operational Framework of Crypto Asset Service Providers (CASPs) Under Turkish LawIntroduction The rapid evolution of the digital asset ecosystem has necessitated a robust regulatory framework globally. In Turkey, a significant milestone was reached with the enactment of Law No. 7518, published in the Official Gazette on July 2, 2024. This legislation amended […]
Introduction Global mobility, cross-border investments, and international families have made inheritance matters increasingly complex. Foreign nationals who own assets or have family ties in Turkey often face significant legal uncertainty regarding succession rights, applicable law, and procedural requirements. Unlike purely domestic inheritance cases, cross-border inheritance raises questions of jurisdiction, applicable law, and enforceability. Turkish inheritance […]