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Turkish Competition Authority – Uber’s Acquisition Of Certain Getir Business Lines Cleared Subject To Commitments
The Turkish Competition Authority has conditionally approved Uber Technologies' acquisition of Getir's food and grocery delivery operations, marking a significant consolidation in Turkey's digital marketplace. As part of the approval, Uber committed to investing USD 500 million in Turkey to support employment and strengthen the country's digital technology ecosystem.
Turkey Anti-trust
N
Nazali
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Debt Collection In Turkey And Special Rules For Foreign Creditors
Against this background, any strategy for debt collection for foreign creditors should assess the enforcement track according to the nature of the claim, the assessment of recoverability, the debtor’s options to object to the payment or enforcement order, mandatory mediation and the litigation stage in resolving an objection, collection through attachment and electronic sale, and, for foreign creditors, the security deposit and collection following enforcement of a foreign judgment should all be assessed together.
Turkey Litigation
A
ASY Legal
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Collecting Debts Based On Foreign Judgments And Arbitral Awards In Turkey
For foreign judgment enforcement in Turkey, recovery on a foreign decision should be seen as two distinct stages, making the decision enforceable in Turkey, and then actually collecting the debt. That said, the time between those two stages matters can be equally important as the stages themselves. While foreign judgment enforcement in Turkey is pending, a debtor who disposes of assets can render the decision worthless. The success of the recovery therefore often depends on securing the claim from the very outset.
Turkey Litigation
A
ASY Legal
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Türkiye’de Yabancı Mahkeme Ve Hakem Kararlarına Dayalı Alacakların Tahsili
Hemen belirtmek gerekir ki, yabancı hakem kararlarının tenfizinde aranan geçerli tahkim anlaşması, tahkime elverişlilik ve kamu düzenine uygunluk gibi şartlar ile bu alandaki kamu düzeni tartışmaları, tahkim hukukunun kendine özgü kurallarını ilgilendirdiğinden, yabancı hakem kararlarının tanınması ve tenfizine ilişkin makalemizde ayrıca ele alınmıştır.
Turkey Litigation
A
ASY Legal
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