Turunc has advised Bogazici Ventures on its investment in Perculus. SCH-Legal reportedly advised Perculus on the deal.

Sebnem Onder has joined Sabanci Holding as its Head of Legal and Compliance in Istanbul.

Kinstellar and Paksoy, working with Linklaters' Paris office, have advised Plastic Omnium on its EUR 520 million acquisition of Varroc Lighting Systems from Varroc Engineering Limited. PwC Legal, working with Willkie Farr & Gallagher, advised Varroc on the sale of its automotive lighting systems business in the Czech Republic. White & Case reportedly advised a syndicate of banks on financing the transaction. Khaitan & Co, Creel Garcia-Cuellar Aiza y Enriquez, Lefosse, and Bennani & Associes reportedly advised Plastic Omnium in India, Mexico, Brazil, and Morocco, respectively. 

Mehmet Tekergul has joined Turkiye Finans Katilim Bankasi A.S. as its Legal Advisory Vice President in Istanbul.

The Kumkumoglu Ergun Cin Ozdogan Attorney Partnership has advised Turkish casual mobile game developer Cypher Games on its USD 3.2 million pre-seed financing round. Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership advised 500 Global on its investment. Thompson Legal Advisory Services reportedly advised Play Ventures on leading the round.

Clifford Chance has advised the Development and Investment Bank of Turkey on its EUR 100 million sustainable bond issuance with Agence Francaise de Developpement.

Paksoy has advised Sensient on its acquisition of Endemix from Baris Bilen. Arikan Hukuk Burosu reportedly advised the sellers on the deal.

Paksoy has advised packaging and paper company Mondi Corrugated BV on the merger of its Borsa Istanbul-listed company Mondi Olmuksan into Mondi Tire Kutsan, a company belonging to the same group.

Former Bener Law Office Senior Partner Gozde Esen Sakar has established the Sakar Law Firm in Istanbul.

Dentons’ Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised Armut and its shareholders on the merger with ProntoPro. Osborne Clarke's Milan office reportedly advised ProntoPro on the deal.

Caliskan Okkan Toker has advised Esas Private Equity on its EUR 11 million investment in Oplog.

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.

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 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).

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.

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.

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.

Consumer Arbitration Committees’ Regulation (the "Regulation") was published in the Official Gazette dated 21.09.2022 and numbered 31960.