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RESPONSIBILITY FOR DAMAGES INCURRED BY THE LIMITED COMPANY

  Summary: A limited liability company may incur damages due to the violation of legal obligations by the founders, directors, board members, and liquidators. While the company incurs direct damages due to the limited company incurring damages, the company partners and creditors incur indirect damages. Partnership or the persons who incur damages may apply to...

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ASSESSMENT OF RESPONSIBILITIES OF PARTNERS AND COMPANY MANAGERS REGARDING OBLIGATION OF LOYALTY AND PROHIBITION OF COMPETITION TERMS IN LIMITED COMPANIES

Summary: Limited companies are established as capital companies and they are considered legal entities starting with the moment of their establishment. Starting at this very moment, it was attempted to have the shareholders and managers understand the rights and limits of the personality of the capital company by reminding them of the obligations such as...