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VII

SUMMARY OF CONTENTS

PREFACE

. ....................................................................................................... III

CONTRIBUTORS

............................................................................................ V

LIST OF ABBREVIATIONS

....................................................................... XIII

INTERNATIONAL COMMERCIAL LAW

...................................................... 1

International Trade Terms are Renewed: Incoterms ® 2010. ............................ 3

Montreal Convention for the Unification of Certain Rules for International

Carriage by Air................................................................................................... 9

Uniform Rules for Demand Guarantees........................................................... 12

Uniform Customs and Practice for Documentary Credits................................ 16

Recognition and Enforcement of Arbitral Awards and Foreign Judgments..... 22

Application of Jurisdiction Agreements which Authorize Foreign Courts

and the Parties’ Choice of Foreign Law by the Turkish Court of Appeal........ 27

Latest Developments on Work Permits for Foreigners. ................................... 31

State Aid for Export. ........................................................................................ 33

Convention on Contact Concerning Children.................................................. 41

COMMERCIAL LAW

...................................................................................... 43

Appointment of a Trustee for Joint Stock Companies..................................... 45

Expiration of Term of Office of the Board of Directors in Joint Stock

Companies........................................................................................................ 50

Infrastructure Real Estate Investment Trusts. .................................................. 53

Mergers and Acquisitions in the Draft Turkish Commercial Code.................. 57

Draft Regulation for Amendment of the Regulation on Principles for the

Establishment and Operation of Financial Leasing, Factoring, and Financing

Companies........................................................................................................ 62

Late Charge Clause on Commercial Invoices.................................................. 65

The Acquisition of Real Property and Limited Rights In Rem by Companies

with Foreign Capital......................................................................................... 67