TÜRKÇE

Loyalty duty and non-compete obligation

  • The partners are liable to protect the partnership's confidential information. This liability cannot be removed through articles of association and general assembly resolution.
  • The partners cannot act in a way that may deteriorate the partnership's benefits. They cannot make any transactions that may serve to benefit the partner and damage the partnership's purpose. It is possible to include provisions in the articles of association that may prohibit partners from competing with the partnership.
  • Non-compete obligations for managers are reserved.
  • Partners may act in a way that could be in non-compliance with the competition obligation and loyalty duty if all other partners permit and approve such transactions in a written form.


 
  Follow us on FacebookFollow us on Twitter
Copyright © 2011 Cerebra. All rights reserved. | Cerebra / Legal Notice / Contact