In business operations, the terms “dissolution” and “bankruptcy” are often mentioned as final options for enterprises that can no longer continue operating. Although both lead to the termination of business activities, there are clear...
In practice, when entering into a purchase or sale of goods or services with a supplier, consumers often meet in contracts (usually standard form contracts) a provision selecting arbitration as the method to settle disputes arising. There is even a contract that...
In commercial contracts, the parties involved often apply sanctions to ensure the implementation of contractual obligations and ensure the legitimate rights and interests of the aggrieved party in case of a breach by the other party. In this article, TNTP’s...
Buying a house is an important decision and is often considered one of the biggest investments of a lifetime. However, the real estate market is not always stable and transparent. Purchasing a house through a capital contribution contract is a common but rather risky...
The methods of realizing mortgaged assets can be agreed upon by the parties when entering into the mortgage contract, or agreed upon when they need to realize the mortgaged assets. The agreement will be prioritised for application. Article 303 of the Civil Code 2015...
