Definition, Legal Nature, and Turkish Supreme Court Practice I. Introduction Maritime trade, an inherently international and high-risk sector carrying a significant portion of global trade volume, relies heavily on the charterparty (contract of carriage by sea) as one of its fundamental agreements. In the Turkish Commercial Code (Law No. 6102, “TCC”), maritime trade is regulated […]
Introduction The Turkish Commercial Law (Türk Ticaret Hukuku) regulates the legal framework for commercial activities in Turkey. Codified in the Turkish Commercial Code (Türk Ticaret Kanunu – TTK, No. 6102), it provides the rules governing merchants, companies, commercial transactions, negotiable instruments, maritime law, and insurance. For foreign investors, entrepreneurs, and businesses operating in Turkey, understanding […]