As a rule, transactions with securities, including shares in joint stock companies, require the engagement of an investment firm, in particular a securities broker. At the same time, the Law of Ukraine “On Capital Markets and Organised Commodity Markets”, which entered into force on 1 July 2021, provides for several exceptions to this rule. Indeed, an investment firm engagement is not required for the transactions made outside of Ukraine.
Arthur Iliev Joins Dentons’ Moscow Team
Former Clifford Chance Partner Arthur Iliev has joined Dentons in Moscow.
OkatLaw Opens Doors in Turkey
Former Pekin & Pekin Senior Partner Yalcin Ozge Okat has established OkatLaw in Istanbul.
Marius Matiukas Joins Adon Legal as Partner
Marius Matiukas has joined Adon Legal as Partner.
Antoniya Markova, Daniela Petkova, Yoanna Ivanova, and Kostadinka Deleva Make Partner at Gugushev & Partners
Antoniya Markova, Daniela Petkova, Yoanna Ivanova, and Kostadinka Deleva have been appointed as Partners with Gugushev & Partners in Bulgaria.
White & Case Appoints New Local Partners in Warsaw, Istanbul, and Prague
White & Case has completed a new round of firm-wide promotions, appointing 28 Local Partners and 40 Counsels. Among these were new Local Partners Jakub Gubanski, Aleksandra Oziemska, Bartosz Smardzewski, and Pawel Zagorski in Warsaw, Gokce Uluc in Istanbul, and Marianna Galusova in Prague.
Turkish Rules on Mandatory Tender Offer Have Been Amended Substantially
The new Communiqué amending the Capital Market Board’s [“CMB”] Communiqué on Tender Offers No. II-26.1 [“Amendment Communiqué”] entered into force upon its publication in the Official Gazette dated October 16, 2021.