The United States remains the world's most consequential legal and commercial jurisdiction. For Turkish companies, international investors, and cross-border transaction professionals, understanding the U.S. legal environment is not optional — it is a prerequisite for doing business effectively and protecting capital.

ULF Legal Insights is our answer to that need.

This journal — the official publication of ULF NEW YORK — is designed to deliver substantive legal intelligence to the executives, investors, and advisors who operate at the intersection of Turkish and American business. We do not write for law school classrooms. We write for decision-makers who need to understand what the law means for their transactions, their investments, and their risk exposure.

The U.S. legal landscape is undergoing significant transformation. Federal housing policy is being rewritten. The Federal Acquisition Regulation — the backbone of U.S. government contracting — is being overhauled for the first time in decades. OFAC sanctions enforcement is intensifying. Foreign investment reporting requirements under AFIDA are expanding. New York commercial real estate law is evolving rapidly.

Each of these developments creates both risk and opportunity for international businesses. The companies that understand the legal framework early will be positioned to act. Those that learn about it after the fact will be managing consequences.

Volume 1, Issue 1 focuses on the theme: The New Legal Landscape for International Investors in the United States.

Our contributing attorneys have prepared ten substantive analyses covering:

• The 21st Century ROAD to Housing Act and its implications for foreign real estate investors
• The FAR Overhaul and what federal contractors must understand before the new rules take effect
• New AFIDA reporting requirements for agricultural and rural land acquisitions
• OFAC sanctions exposure in commodity trading and cross-border transactions
• Structuring cross-border transactions into the U.S. for maximum legal protection
• Drafting enforceable commercial contracts under New York law
• Legal due diligence for commercial real estate acquisitions in New York
• Corporate compliance trends affecting international businesses operating in the U.S.
• Recent U.S. court decisions with direct implications for foreign companies
• A regulatory watch summary of developments to monitor in the second half of 2026

ULF New York has represented Turkish companies in the United States for eighteen years. We have advised on hundreds of transactions, formations, disputes, and regulatory matters. This journal is an extension of that work — a commitment to making sophisticated U.S. legal analysis accessible to the international business community.

We publish monthly. Each issue will track the most significant legal developments in the areas that matter most to our clients: corporate and M&A law, international trade, commercial real estate, construction, foreign investment, immigration, arbitration, sanctions, and tax compliance.

We welcome your questions, feedback, and suggestions for future topics.

Muhammet Halil Ucar Founding Partner, ULF NEW YORK