Caliskan Okkan Toker has advised Esas Private Equity on its EUR 11 million investment in Oplog.
Boyanov & Co Among Plethora of Firms Advising on BioIVT’s Acquisition of Fidelis Research
Boyanov & Co has advised BioIVT on its acquisition of Fidelis Research. Divjak Topic Bahtijarevic & Krka, BDK Advokati, Nestor Nestor Diculescu Kingston Petersen, and Kolcuoglu Demirkan Kocakli have advised BioIVT on Croatian, Serbian, Romanian, and Turkish law-related matters, respectively. Hristov & Partners advised Integrity Capital Investments on the sale. Penkov Markov & Partners advised the other sellers.
Period of Delivery and Presumption of Loss In Contracts Of Carriage And Logistics
In Turkish Law, contracts of transport are regulated in the fourth book of the Turkish Commercial Code No. 6012 ["TCC"] under the name "Transport Affairs". In this article, the period of delivery, which is one of the key aspects of transport contracts, and the presumption of loss, namely the legal consequence of non-compliance with this period, will be discussed briefly.
Berk Cin Joins Newly-Rebranded KECO Legal
Berk Cin has joined Kumkumoglu Ozdogan Ergun Attorneys At Law as a Name Partner, with the firm changing its name to KECO Legal (Kumkumoglu Ozdogan Cin Ergun Attorney Partnership).
Real Estate Sales Agreements: What Has Changed After the Significant Amendments in the Law No. 1512 on Public Notary?
A real estate sales agreement is an agreement that is executed by and between the buyer and seller for the acquisition of real estate and is regulated under the Turkish Code of Obligations No. 6098 (“Law No. 6098”). By executing the real estate sales agreement, the seller promises to transfer the real estate and the buyer promises to pay the sale price of the real estate. Pursuant to the Article 237 of Law No. 6098, real estate sales agreements are subject to the official form requirement. In order to fulfill this requirement, the real estate sales agreements used to be only executed before the land registrars since Article 26 of Land Registry Law No. 2644 (“Law No. 2644”) specifically authorizes land registrars to execute the real estate sales agreements.
EU General Court Largely Upholds Google's Record Android Penalty
In its decision dated 18.08.2018 and numbered AT.40099, the European Union Commission [the "EU Commission"] fined Google with 4.34 billion Euros for abusing its dominant position through requiring smartphone makers to take a bundle of Google apps, preventing use of other versions of Android and concluding anti-competitive revenue share agreements. The General Court [the “Court”] dismissed Google’s appeal and upheld the Commission’s decision by slightly reducing the amount of fine to 4.125 billion EUR. This was recorded as the highest penalty ever imposed by European competition authorities.
Is the Turkish Competition Board Starting to Scrutinize Ancillary Restraints More Rigorously? - Vinmar/Arısan Transaction is Approved on the Condition that Scope of Non-Compete and Non-Solicit Obligations is Limited
This article aims to provide information regarding the ancillary restraints under Turkish Merger Control Regime and also analyses the Turkish Competition Board’s (“Board”) Vinmar/Arısan decision which provides insight into the Board’s approach to assessing the scope of ancillary restraints in merger cases and foreshadows potentially stricter scrutiny over such restrictions.
Welcome to the New Regulation on Consumer Arbitration Committees
Consumer Arbitration Committees’ Regulation (the "Regulation") was published in the Official Gazette dated 21.09.2022 and numbered 31960.
Turkey in Demand: A Buzz Interview with Senem Kathrin Gucluer of GEMS Legal Schindhelm
The Turkish market finds itself in demand, with European companies relocating their production facilities there, and the country gradually switching to green energy, according to GEMS Legal Schindhelm Partner Senem Kathrin Gucluer.
Moral, Kinikoglu, Pamukkale, Kokenek and Bener Advise on Softline Holding's Acquisition of Makronet
Moral, Kinikoglu, Pamukkale, Kokenek has advised Softline Holding on its acquisition of 80% of shares of Makronet Bilgi Teknolojileri from Gucly Tugay. Bener advised the seller.
Keco and Urer Law Advise on Getmobil's Seed Round
Keco Legal has advised Getmobil on its TRY 27 million seed funding round with a valuation of TRY 180 million. Urer Law advised the investors on the deal. Gungor Law reportedly advised Getmobil as well.
GEMS Legal Schindhelm Advises TUV Austria Turk on Mavi Akademi Acquisition
GEMS Legal Schindhelm has advised TUV Austria Holding's subsidiary TUV Austria Turk on its acquisition of a 51% stake in the Mavi Akademi Group.
Paksoy Advises EBRD on EUR 50 Million Loan to Yapi Kredi Leasing
Paksoy has advised the European Bank for Reconstruction and Development on a EUR 50 million loan to Yapi Kredi Leasing.
ODSA Advises Night Train Media on Acquisition of Eccho Rights
Gide's Turkish affiliate Ozdirekcan Dundar Senocak has advised Serafin Group-backed Night Train Media on its acquisition of Korean media group CJ ENM’s majority stake in Eccho Rights.
Paksoy Advises Lesjofors on Acquisition of Telform
Paksoy has advised Lesjofors on its acquisition of all shares in Telform. The NSN law firm reportedly advised the seller.
Taylor Wessing Advises VavaCars on Series C Funding Round
Taylor Wessing has advised VavaCars on its USD 37 million series C funding round.
Turkey: Registration of Commercial Enterprises Owned by Ordinary Partnerships
Under the Turkish Commercial Code, a commercial enterprise is defined as an enterprise, operating continuously and independently, aiming to generate income which exceeds the income thresholds stipulated for tradesman (“esnaf” in Turkish) enterprises.
Burak Dimici Appointed as Straife Risk Management's General Counsel
Dimici Aksoy Founding Partner Burak Dimici has been appointed by Straife Risk Management as its General Counsel in Turkey.