Parties can borrow money for numerous different purposes such as maintaining daily life and supporting business production and investment. In order to borrow money, the parties often sign a loan contract. However, the parties do not always comply and are fully...
In the field of commerce, there is always a potential dispute because the parties always aim to benefit themselves. The dispute can be considered a disease and the issue is how to treat it both when it arises and even before it does. Within the scope of current legal...
Arbitration and Court are two forms of commercial dispute settlement that are often chosen by the parties when negotiations are not possible. Each form has its own characteristics, advantages and limitations. Therefore, in this article, TNTP will clarify the...
In business operations, one of the common issues that enterprises often encounter is resolving disputes and debt recovery. Both of these are related to the process of addressing financial issues and maintaining the cash flow of the enterprise, but they have different...
In Sale and Purchase Contracts, Principal Contracts, etc., the dispute settlement clause can be stated as “in case the dispute cannot be resolved by negotiation, one of the parties can settle the dispute at Arbitration”. This Agreement is known as the Arbitration...
Fines for violations and compensations for damages are two sanctions mainly applied to the violating party. Due to the different application subjects, there are some differences between fines for violations and compensations for damages in the 2015 Civil Code (“CC”)...
