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Ersoybilgehan
A new omnibus code that amends, amongst others, the Capital Markets Code ("CMC") has been enacted by the Turkish parliament and published in the Official Gazette on 5 December 2017.
ADMD
Olağanüstü hal kapsamında 17.08.2016 tarihinde yürürlüğe giren 671 Sayılı Kanun Hükmünde Kararname ve 22.02.2017 tarihinde yayınlanan 29987 ve 29824 Sayılı Açık Ceza İnfaz Kurumlarına Ayrılma Yönetmeliğinde ...
ADMD
With the Statutory Decree No.671 dated August 17, 2016 and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities ...
ELIG, Attorneys-at-Law
The US Department of Justice ("DOJ") had announced a pilot program ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate.
Guzeloglu Attorneys-at-law
Yukarıda da bahsedildiği gibi hakem kararlarının tenfiz edilmesi davalarında mahkeme, ilgili kararın esasına girmemekte...
ELIG, Attorneys-at-Law
The Ministry of Health had two major items on its legislative agenda during the last quarter of 2017, which may impact the manufacturers and importers of human medicinal products, as these items pertain to the manufacturing as well as the pricing of medicines.
BTS & Partners
Article 98 of the Law on the Amendment of Some Taxation Laws and Other Laws dated 5 December 2017 and numbered 7061, provides for an amendment of Article 46 of the Electronic Communications Law regulating "radio terminal and equipment fees".
ELIG, Attorneys-at-Law
The Law on Protection of Consumers No. 6502 (the "Law") is published in the Official Gazette on November 28, 2013 and entered into force on May 28, 2014. Article 1 of the Law specifies the purpose of the Law...
Bezen & Partners
The Ministry of Energy and Natural Resources (the "Ministry") has recently issued a regulation on mining activities, providing a more investor friendly landscape as part of the application of the Mining Law numbered 3213 ...
Bezen & Partners
The Labour Courts Law numbered 7036 has been published in the Official Gazette dated 25 October 2017 and numbered 30221.
Guzeloglu Attorneys-at-law
4054 sayılı Rekabetin Korunması Hakkında Kanun uyarınca belirli bir mal veya hizmet piyasasında doğrudan veya dolaylı olarak rekabeti engelleme, bozma ya da kısıtlama amacını taşıyan veya...
Bezen & Partners
While protections for personal information have always been available at general law, in the current age where online transactions are commonplace and information is being treated almost as a commodity...
ELIG, Attorneys-at-Law
The Banking Law No. 5411 ("Banking Law") and the relevant secondary legislation set forth various self-reporting mechanisms for the banks operating in Turkey. We aim to focus on whether such self-reporting becomes mandatory in cases where banks detect non-compliance within their organizations. Such self-reporting is not universal, and the requirements vary with respect to the parties that are subject to these self-reporting rules and to the matters that trigger the self-reporting requirements.
ELIG, Attorneys-at-Law
The long-awaited Law on Labor Courts No. 7036 ("Law No. 7036") was published on October 25, 2017 by the Official Gazette, just after it was introduced to the parliament to be enacted.
ELIG, Attorneys-at-Law
The Turkish Competition Authority ("Competition Authority" or "Authority") has announced on July 20, 2017, on its official website, that its "Draft Guidelines on Vertical Agreements" ("Draft Guidelines"), which aims to revise the Block Exemption Communiqué on Vertical Agreements No. 2002/2 ("Communiqué No. 2002/2") and the Guidelines on Vertical Agreements ("Guidelines") has been made available for public notice and comment.
Eryürekli Attorney Partnership
This legal alert aims to set forth the amendments of Capital Markets Board of Turkey dated November 29, 2017 on the Communiqué on Real Estate Certificates numbered VII-128.2.
Guzeloglu Attorneys-at-law
Principle of adaptation of the contracts constitutes an exception to the general principle of contract law, pacta sunt servanda i.e. (promises must be kept).
ELIG, Attorneys-at-Law
The Regulation on the Erasure, Destruction or Anonymization of Personal Data ("Regulation") was published on the Official Gazette of October 28, 2017, as the first phase of the belated secondary legislation.
Pekin & Bayar
The Turkish Banking Authority, BRSA, has announced its recent changes in the Regulation dated 1 November 2006 and numbered 26333 on Merger, Acquisition, Spin-off and Transfer of Shares by the Banks, and such amendment...
Deris IP Attorneys
This is one of main areas of intervention of the new IP Code.
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Oncel, Aydın, Duman & Uygun Attorney Partnership
On October 10, 2017, the Turkish Competition Board decided to take a closer look into the merger of Luxottica Group S.p.A. and Essilor International S.A. by taking the merger control notification to Phase 2 review.
ELIG, Attorneys-at-Law
The Regulation on Erasure, Destruction or Anonymization of Personal Data ("Regulation") is published on the Official Gazette of October 28, 2017 and will enter into force as of January 1, 2018. Regulation has been issued based on Article 7 of the Law No. 6698 on Protection of Personal Data ("DPL").
Guzeloglu Attorneys-at-law
Milletlerarası ticari sözleşmeler ihtiva ettikleri yoğun risk elementleri nedeniyle tarafların süreci ihtiyatlı şekilde yönetmelerini gerektiren bir sahadır.
BASEAK
Natural gas is one of the main fuels in Turkey, accounting for 17 percent of total primary energy supply and 36.6 percent of electricity generation in 2016.
Guzeloglu Attorneys-at-law
6102 sayılı Türk Ticaret Kanunu'nun 573.maddesi limited şirketin tanımını yapmaktadır.
Guzeloglu Attorneys-at-law
Türk Ticaret Kanunu'nun 54.maddesi haksız rekabete ilişkin bu kısımda yer alan düzenlemelerin amacının bütün katılanların menfaatine, dürüst ve bozulmamış rekabetin sağlanması...
ELIG, Attorneys-at-Law
A condition precedent, for the purposes of this article, shall be defined as a condition, only upon whose fulfillment closing of a transaction will be made by the parties.
Guzeloglu Attorneys-at-law
Kanunca veya taraflarca öngörülmüş risk paylaşımı kurallarını aşan, iki tarafa da atfedilemeyen, önceden görülemeyen durumların varlığı karşısında mağdur taraf yararına bir müdahaleyi meşrulaştıracak hukuki temelin ne olabileceği hukuk düzenleri tarafından tartışılılagelen bir konu olmuştur.
Inanici - Tekcan Law Office
Bilgisayar programlarının yeniden satışı, Telif Hukukunda hakların tüketilmesi kavramı ışığında incelenirken, Ticaret Hukukunda "paralel ticaret" kavramıyla tartışılmaktadır.
Ictem Legal
Parties of an asset or share purchase agreement are often not aware of an inherent legal risk when structuring an acquisition deal specifically in case where a newly established special purpose company...
Moroğlu Arseven
Turkey's parliament is considering a new legislative regime focused on crowdfunding. It is the first time that crowdfunding structures receive specific attention from Turkish legislators. The proposed regime includes definitions, licensing aspects, as well as the roles of various regulators.
Eryürekli Attorney Partnership
This Legal Alert aims to set out the new role of Takasbank as a securities settlement system operator in accordance with the recent Resolution of Central Bank of the Republic of Turkey published in the Official Gazette on 18 October 2017.
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