NEWS & ARTICLES

Posts By: cansin

March 19, 2020

Escrow Agreements and Trustee Services in Turkey

As Cosar & Akkaya Law we provide legal escrow and trustee services for our clients pursuant to their needs. Escrow and trustee mechanism is a common practice in transactions aiming to secure the performance of the obligation at a later time if immediate performance is impossible or not preferred. In other words, escrow agreements secure the payments, especially on conditional agreements.

February 22, 2020

RECOGNITION AND ENFORCEMENT OF UK JUDGEMENT IN TURKEY

The need to get judgments recognized and enforced across national borders has rapidly increased for the last decades as a consequence of globalization. Yet there is no universal application of rules for recognition and enforcement throughout different jurisdictions. Each country implements its own set of rules and procedures in recognizing and enforcing foreign judgements.