Special Case of Provisional Attachment Requests to which Factoring Companies are Parties
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Special Case of Provisional Attachment Requests to which Factoring Companies are Parties

A provisional attachment is the temporary seizure of the debtor’s property in order to secure the creditor’s receivables. In order to claim a provisional attachment, it is sufficient to have a receivable belonging to the creditor that has not been secured by a pledge and has not been paid yet. It is only possible to...

Conditions for Provisional Attachment on the Property of the Debtor, Release of the Attachment and Leaving the Seized Property to the Debtor
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Conditions for Provisional Attachment on the Property of the Debtor, Release of the Attachment and Leaving the Seized Property to the Debtor

Temporary seizure of the debtor’s property in order to guarantee the collection of the creditor’s money receivable from the debtor is called a provisional attachment. The provisional attachment decision is requested from the competent court regarding the debt relationship, upon the request of the creditor and in the presence of circumstances. Upon the request of...

What Can the Owner of the Structure or Land Do If the Contractor Does Not Fulfill Their Obligation to “Complete the Construction” in Time in the Construction Contracts?
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What Can the Owner of the Structure or Land Do If the Contractor Does Not Fulfill Their Obligation to “Complete the Construction” in Time in the Construction Contracts?

The main debt of the contractor in construction contracts is to complete the construction on time and deliver it to the owner. Both of these obligations must be fulfilled. As a rule, its delivery is also not possible if the construction has not been completed. Since they are two separate obligations the contractor’s “construction completion”...