Mediation is a form of alternative dispute resolution (ADR) in which a neutral third party, known as a mediator, helps two or more parties to reach a mutually acceptable solution to a dispute. Unlike a judge or an arbitrator, a mediator does not make a decision or impose a solution. Instead, the mediator works with...
Author: Burucuoglu
How to establish a Joint Stock Company (JSC) in Turkey.
Establishing a Joint Stock Company (JSC) in Turkey involves several steps and procedures. Here is an information note on the process: Choose a company name and check availability: The first step in establishing a JSC is choosing a company name and checking its availability. The name should not be similar to any existing company name...
What is P&I Insurance?
P&I insurance, or Protection & Indemnity insurance, is a type of maritime insurance that provides coverage for shipowners and charterers for third-party liabilities arising from the operation of a vessel. P&I insurance is typically required by shipowners and charterers. P&I insurance provides coverage for third-party liabilities arising from the operation of a vessel, such as...
What is Yacht Insurance?
Luxury yacht insurance is a specialized form of insurance that covers high-value yachts and their equipment. This type of insurance typically includes coverage for damage to the yacht, as well as liability coverage for accidents or injuries that occur on board. Some of the key features of luxury yacht insurance include: * Agreed Value Coverage:...