Why should MPs Pay Attention to the Bill of Commercial Procedure Law?

Date : 2019/11/30
Kleinanlegerschutzgesetz, Crowdfunding, Finanzierungen
Civil Procedure Law Trade Law
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Post Description: Issuing fair judgments in the commercial disputes would require the access to the credible commercial precedent and use of the commercial specialists. For this purpose, the concept of Commercial Court has been predicted in the Bill of Commercial Procedure Law.

This interview was published in November 2019 in TABNAK.

 

Why should MPs Pay Attention to the Bill of Commercial Procedure Law?

 

The complexity of the commercial affairs requires for the settlement of the relative commercial disputes to be handled by the specialized courts since accuracy and time is of essence in the commercial matters. Needless to say, the two aforementioned factors would not be complied with in the general courts due to the overload of their work.

Issuing fair judgments in the commercial disputes would require the access to the credible commercial precedent and use of the commercial specialists. For this purpose, the concept of Commercial Court has been predicted in the Bill of Commercial Procedure Law