KPMG's Turkish affiliated law firm KP Law has appointed five new Associate Partners. Ozge Tuncel, Ekin Kotan, Secil Kisakurek, Isil Doganay, and Ece Kocabas have all joined the partnership, as of January 1, 2022.

Efra Aydin Can and Didem Keles Pinar have been promoted to Partner at Egemenoglu, as of January 1, 2022.

In terms of Turkish corporate law perspective, different types of privileges may be granted to certain shares during drafting the articles of association while a joint-stock company is being established or by way of amending articles of association of an already established joint-stock company. These privileges may be on dividend right, liquidation share, pre-emptive right, voting right and other similar rights. In this regard, the shareholders holding privileged shares in a joint-stock company are deemed privileged shareholders. In this article, we will focus on rights of privileged shareholders and relevant procedures that need to be followed for the circumstances that may affect interests of privileged shareholders within the framework of Article 454 of the Turkish Commercial Code No. 6102 (“TCC”) and the Regulation on the Procedures and Principles of General Assembly Meetings of Joint-Stock Companies and Ministry Representatives Attending the Meetings.

Rokas Jankus and Edvinas Lenkauskas have been promoted to Partner at Motieka & Audzevicius, as of January 1, 2022.

Tuca Zbarcea & Asociatii has announced six new partners in its most recent promotion round. As of January 1, 2022, the firm’s new Partners are Mihai Anghel, Oana Gavril, Catalina Mihailescu, Andreea Oprisan, Alexandra Peres, and Alina Ungureanu.

Former EY Partner and Law Leader for Ukraine Albert Sych has joined Redcliffe Partners.