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Frequently Asked Questions on the U.S. Government’s National Action Plan on Responsible Business Conduct

On February 12, the U.S. Department of State released a set of “Frequently Asked Questions” (“FAQs”) with regard to the U.S. Government’s efforts to develop a National Action Plan on Responsible Business Conduct. The plan is...more

Consequences of Late Payment in Commercial Transactions under the Turkish Commercial Code

This article aims to summarize Article 1530 of the Turkish Commercial Code implementing Directive 2011/7/EC into Turkish commercial law and providing consequences of late payment in commercial transactions....more

Russia's Accession to the WTO: Benefits and Risks

On August 22, 2012, the World Trade Organization welcomed Russia as its 156th member. As a result, Russia will lower its tariffs on imports of goods across all sectors of the economy and will reduce trade barriers. This will...more

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