ERDEM-NEWSLETTER-2018-metin

375 MISCELLANEOUS case , asset management companies shall own the pledged degree of the creditor. Right of privilege shall be determined according to Article 11 of this Law. (c) He can use rental rights and license rights over the assets that are not subject to transfer of possession .” New subparagraph has been added to the above-mentioned Ar- ticle. According to this Regulation “proceeding under the general provisions is possible.” Therefore, in the proceedings found under the Code on Pledges of Movables in Commercial Transactions numbered 6750, collecting the receivables by selling the goods under the Bank- ruptcy and Enforcement Law are made possible. Conclusion In the event that the above-mentioned Draft Law provisions be- come law, the possibility of new arguments shall be given regarding the Code on Pledges of Movables in Commercial Transactions num- bered 6750, under which several discussions have already been held.

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