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Commercial Law

Frequently Asked Questions

Is mediation compulsory in commercial cases in Turkey?
For commercial claims concerning the payment of a sum of money, applying to a mediator before litigation is a procedural precondition; a case filed without satisfying it is dismissed on procedural grounds. Whether a particular claim falls within this scope is assessed according to the nature of the dispute.
How are disputes between company shareholders resolved?
Shareholder disputes are first addressed through negotiation and mediation; failing that, remedies provided in the Turkish Commercial Code may be pursued, such as annulment of general assembly resolutions, withdrawal or exclusion from the partnership, and dissolution for just cause. The appropriate route depends on the company type, the ownership structure and the contractual terms, and each situation is assessed on its own facts.
What can be done when a commercial receivable goes unpaid?
The usual first steps are serving a formal notice on the debtor and, for claims subject to the mediation precondition, applying to a mediator. If no settlement is reached, enforcement proceedings or a collection action may be considered. The route taken depends on the basis of the claim, the available evidence and the debtor's assets.
Are penalty clauses enforceable in commercial contracts?
Penalty clauses are in principle valid under the Turkish Code of Obligations, and freedom of contract is interpreted broadly between merchants. However, penalties so severe as to cause the economic ruin of a merchant may be set aside or reduced. The fate of a specific clause is assessed in light of the circumstances of the case.

These answers are for general information only and do not constitute legal advice. For an assessment of your specific situation, please consult a lawyer.

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