Paksoy, working with Linklaters, has advised Turkcell on its USD 1 billion Eurobond offering. Allen Overy Shearman Sterling and its Turkish affiliate Gedik Eraksoy reportedly advised the joint bookrunners.
AI-Generated Content: Copyright Implications
As artificial intelligence (“AI”) technology develops, its capacity to create original works in a wide variety of fields such as literature, music, mass – media, complex art, and even software has become more apparent. This remarkable ability raises significant questions on whether these works may be protected by copyright, and the broader implications for both creators and consumers.
Ellex Appoints Counsel Merlin Liis-Toomela as Head of Data Protection & IT Law
Ellex has appointed Counsel Merlin Liis-Toomela as its new Head of Data Protection & IT law in Estonia.
Eversheds Sutherland Advises PFR’s Foreign Expansion Fund 2 FIZAN on Debt Financing to Euvic
Eversheds Sutherland has advised the Foreign Expansion Fund 2 FIZAN of Polski Fundusz Rozwoju on debt financing to Euvic for the acquisition of stakes in five companies operating in the IT sector in Lviv, Kyiv, Kharkiv, and Vinnytsia.
Schoenherr Advises Connectis on Acquisition of SpeedApp
Schoenherr has advised Connectis on the acquisition of SpeedApp. Crido reportedly advised the sellers.
Brandl Talos Advises Highland Europe on Investment in SmaXtec
Brandl Talos has advised Highland Europe on its investment in SmaXtec as part of a round led by KKR. Dechert's Munich-based office advised the shareholders of SmaXtec. Gibson Dunn and Wolf Theiss reportedly advised KKR.
Good News for Startups and Investors: The IP Contribution is Tax-Free
On 1 January 2025, inter alia, an amendment to the Personal Income Tax Act relating to intellectual property (IP) contribution entered into force.