Furkan Alkilic

When litigating on behalf of a company, it is important that the rules governing internal decision-making and external representation are strictly adhered to. Failure to comply with these rules can lead to a painful rejection by the court. In this article, Furkan Alkilic uses a recent ruling to explain what you need to bear in mind to avoid falling into this legal trap.

With the introduction of the Management and Supervision of Legal Persons Act (WBTR), the legislature has taken important steps to improve the management and supervision of foundations. One of the most notable changes concerns the expansion of the grounds for dismissal for directors of foundations. In this article, we discuss the new statutory regulation, illustrate the regulation with a practical example, and explain the implications for directors and stakeholders.