The CISG: What Differentiates a Valid and Binding Offer from a Mere Proposal?

According to the offer and acceptance model of contract formation, an offer constitutes the starting point in the contract formation process.Following the manifestation of an offer, a contract is concluded when it is reciprocated with an acceptance by the offeree. Although the general outline is as simple as that, there are certain vital questions that… Continue reading The CISG: What Differentiates a Valid and Binding Offer from a Mere Proposal?

Advertisements

Turkish International Family Law: Accession to the Hague Convention on the International Recovery of Child Support and Other Forms of Family Maintenance (2007)

Turkish government has introduced a bill numbered 1/698 and dated 01.04.2016 concerning Turkey’s accession to the Hague Convention of 23 November 2007 on the International Recovery of Child Support and Other Forms of Family Maintenance (“Hague Convention”), signed by the Prime Minister and all ministers. At the moment, the government bill has been referred to… Continue reading Turkish International Family Law: Accession to the Hague Convention on the International Recovery of Child Support and Other Forms of Family Maintenance (2007)

Turkish International Family Law: Accession to Hague Convention on Jurisdiction, Applicable Law, Recognition, Enforcement and Co-operation in Respect of Parental Responsibility and Measures for the Protection of Children

Turkish government has introduced a bill numbered 1/697 and dated 30.03.2016 concerning Turkey’s accession to the Hague Convention on Jurisdiction, Applicable Law, Recognition, Enforcement and Co-operation in Respect of Parental Responsibility and Measures for the Protection of Children of 1996 (“Hague Convention”), signed by the Prime Minister and all ministers. At the moment, the government… Continue reading Turkish International Family Law: Accession to Hague Convention on Jurisdiction, Applicable Law, Recognition, Enforcement and Co-operation in Respect of Parental Responsibility and Measures for the Protection of Children

The CISG: Could the parties conclude a contract outside the scope of the traditional “offer and acceptance” model?

All around the word, in most simple terms, a contract is defined as a legally binding agreement. There are various ways to conclude a legally binding agreement; the most common method is the “offer and acceptance” model which is also adopted by the CISG and Turkish Contract Law. UNIDROIT Principles of International Commercial Contracts (“PICC”)… Continue reading The CISG: Could the parties conclude a contract outside the scope of the traditional “offer and acceptance” model?

Modern International Trade and the Significance of the CISG

Today, unifying of business laws on a transnational level has become an essential necessity rather than a mere objective when due regard is given to the immense growth in the international business transactions, with players spread all around the world. Just to illustrate the enormity of the increase in the volume of international dealings; one… Continue reading Modern International Trade and the Significance of the CISG

Overview of the Contract Formation Regime under the CISG

It is well-worthy to examine the contract formation regime under the CISG, where a middle way between the common and civil law traditions was sought in order to achieve a system that is acceptable, efficient and suitable for the Convention’s beneficiaries, i.e. Parties to a contract which is governed by the CISG; taking into consideration… Continue reading Overview of the Contract Formation Regime under the CISG

OHADA to Prosper Business in Africa

by Fatma Esra Güzeloğlu and Abdülkadir Güzeloğlu The Purpose of OHADA On 19 October 1993, with the aim of establishing a reliable economic area that welcomes local and foreign investors in terms of providing solid and stable business grounds, along with maintaining a resourceful and integrated internal economy, 16 countries signed the Treaty[1] which launched… Continue reading OHADA to Prosper Business in Africa

Commercial Relationship Between Vietnam and Turkey Has Taken a Promising Step Forward

Last Updated: 08 February 2016 As of 18 December 2015, Vietnam has become the 84th state to accede to the Vienna Sales Convention (CISG). The Convention will enter into force on 1 January 2017 in Vietnamese jurisdiction. Ever since Vietnam has become a member of the World Trade Organization on 11 January 2007, a sharp… Continue reading Commercial Relationship Between Vietnam and Turkey Has Taken a Promising Step Forward

Parents of Different Nationalities: Certain Legal Aspects to Consider Before Expanding Your Family

Last Updated: 08 February 2016 Without a doubt, the world is becoming more and more international by the day as the means of communication and transportation rapidly enhance. Correspondingly, a child having parents of different nationalities is not a rare phenomenon in today’s world. Surely, it is very rewarding to be raised in a multicultural… Continue reading Parents of Different Nationalities: Certain Legal Aspects to Consider Before Expanding Your Family