Constitutional Court Annuls Rule Blocking Court of Cassation Review Following Acceptance of an Appeal
The Constitutional Court, with its decision published in the Official Gazette dated 21 May 2026, annulled Article 362(1)(a) of the Code of Civil Procedure insofar as it treated decisions rendered following the partial or full acceptance of an appellate application before the regional court of appeal as final.
New Annulment Decision by the Constitutional Court Regarding the Phrase “The Registration Ruling is Final,…” in Article 10 of the Expropriation Law
The Constitutional Court, with its decision published in the Official Gazette on 21 May 2026, annulled the phrase “The registration ruling is final,…” in Article 10 of the Expropriation Law, holding that the transfer of ownership before the expropriation compensation is finally determined violates the constitutional guarantee of advance payment and the right to property.
Term Sheets in Turkish Venture Capital Transactions: Legal Enforceability and Two Common Pitfalls
Under Turkish law, term sheets are often described as non-binding, but their real significance depends on how clearly binding and non-binding provisions are separated. In practice, they work best when supported by clear drafting on costs, confidentiality, exclusivity, and contractual penalties.
New Annulment Decision by the Constitutional Court Regarding the Regime for Expulsion of Shareholders in Two-Shareholder Limited Liability Companies
In its decision published in the Official Gazette dated 17 March 2026, the Constitutional Court annulled the provisions of the Turkish Commercial Code that made an application to the court for the expulsion of a shareholder for just cause subject to a general assembly resolution, solely with respect to two-shareholder limited liability companies.