Turunc has advised Gelecek Etki Fonu on its investment in Brandefense in a round that included Sabanci Ventures, AK Portfoy, the Technology Development Foundation of Turkiye, TechOne, and Finberg. Kutadgu & Arsin advised Brandefense. Reportedly, BASEAK and the Diamond Law Group advised Sabanci Ventures, while BTS advised the Technology Development Foundation of Turkiye.

Aksan has advised TurkTraktor on its investment in crop monitoring company Agrovisio.

Guleryuz Partners has advised Mercan Kimya on its acquisition of 30% of shares in Fevup Brands. Juris Attorney Partnership advised Fevup Brands.

Turunc has advised Bogazici Ventures on its investment in indie gaming company Last Bite Games.

Dispute resolution clauses in contracts include arbitration agreements stating that the parties will attempt to resolve their disputes through mutual negotiation before going to arbitration proceedings, and if the dispute cannot be resolved in this way, arbitration proceedings will be resorted to.

Balcioglu Selcuk Ardiyok Keki, working with the Paris office of Dentons, has advised 212 VC on its recent investment into Flow48.

On November 21, 2023, corporate/M&A and private equity experts from Bulgaria, Greece, Hungary, Kosovo, Moldova, Romania, Serbia, Slovakia, Turkiye, and Ukraine sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the key developments in the field over the past decade.

KP Law Managing Partner Onur Kucuk talks about the evolution of the sector and their role as legal advisors in Turkiye over the last 10 years.

Guleryuz Partners Partner Zahide Altunbas Sancak talks about the evolution of the energy sector and their role as legal advisors in Turkiye over the last 10 years.

Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised the lenders on QNB Finansbank's dual currency loan including USD 241.5 million and EUR 235.7 million.

Charting Turkiye's choppy seas, Kolcuoglu Demirkan Kocakli Partner Bihter Bozbay Inan dives into the country's strengthening economic ties with the Middle East, its fiscal policies and upcoming local elections, and digital transformations in the banking sector.

Egemenoglu has advised the shareholder of Oktrade Kimya on the sale of the company to Azelis.

White & Case and its GKC Partners Turkish affiliate have advised joint bookrunners BofA Securities, BNP Paribas, and Citi Bank on a Reg S/Rule 144A USD 400 million debut issuance of 8.5% senior guaranteed notes by TAV Havalimanlari Holding. Linklaters and Paksoy reportedly advised the issuers and the guarantors.

Kinstellar and Kavcic Bracun & Partners have advised Slovenia's Nova Ljubljanska Banka banking group on the acquisition of SLS Holdco and its subsidiaries from funds managed by affiliates of Apollo Global Management and the European Bank for Reconstruction and Development. 

In our Looking In series, we talk to Partners from outside CEE who are keeping an eye on the region (and often pop up in our deal lists) to learn how they perceive CEE markets and their evolution. For this issue, we sat down with Reed Smith Partner Kevin-Paul Deveau.

Inflation rates, while high across Europe, have been particularly making headlines in Turkiye. Yalcin Babalioglu Kemahli in cooperation with CMS Managing Partner Done Yalcin, Ergun Law Firm Partner Lara Sezerler, Celepci Law in cooperation with Schoenherr Office Managing Partner Levent Celepci, KP Law Managing Partner Onur Kucuk, and Guleryuz & Partners Partner Zahide Altunbas Sancak discuss the current outlook.

In the context of economic and political uncertainties, coupled with the depreciation of the currency, interesting dynamics are unfolding within the Turkish legal landscape.

Siemens Turkiye Lead Country General Counsel Bige Yucel talks about her in-house legal team’s current and upcoming focuses.