Take an opinion on any decision whose consequences are hard to reverse or expensive to get wrong. In practice the recurring ones are high-value or long-term contracts, whether a new business model or product complies with the legislation, company acquisitions and restructurings, tax and regulatory choices, and decisions where directors and board members may carry personal liability.
A written opinion does two things at once. It sets out the options and the risks on the record so that you can take the decision properly, and it stands as evidence that the directors discharged the duty of care and prudence the Turkish Commercial Code (No. 6102) places on them. We settle the scope of the opinion with you, against what the decision actually turns on.
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