Gide Loyrette Nouel has advised Kyu Investment UK Limited, a strategic operating unit of Hakuhodo DY Holdings, on the acquisition of a controlling stake in ATOLYE Yaratici Proje Gelistirme Egitim Danısmanlik Tasarim Hizmetleri ve Ticaret A.S. The Yilmaz Law Office advised ATOLYE.
The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, has been given from the Ministry of Economy to the Ministry of Trade (“Ministry”). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
The reasoned decision1 of the Turkish Competition Board (the “Board”) concerning the preliminary investigation initiated by the Turkish Competition Authority (the “Authority”) against four movie producers and their professional union has been published on the official web-site of the Authority on March 8, 2019 (the “Reasoned Decision”).
Join the 2nd UK Turkish Overseas Investment Forum, 26 Apr 2019 - London, UK
Join the 7th Invest in Turkey Forum - 25th April, Woldorf Hitlon Hotel, London.
Balcooglu Selcuk Akman Keki Attorney Partnership and Dentons have advised Koc Holding A.S., Turkey's largest holding company, on its issuance of USD 750 million 6.500% Notes due 2025. Gedik & Eraksoy and Allen & Overy advised the joint bookrunners Bank of America Merrill Lynch, Citigroup, and J.P. Morgan.
Pursuant to the Turkish Data Protection Law which aims to provide data security, it has set some rights and obligations to specific subjects. Those subjects fall into three categories: data subject, data processor and data controller. Data subject expresses a real person whose data is processed; data controller is defined as the real or legal person that determines the objectives and tools of processing of the personal data, and is responsible for the establishment and management of a data recording system; data processor is defined as the real or legal entity that processes the personal data, with the authority bestowed by the data controller, and in the name of the data controller. Data Protection Law sets forth essential responsibilities for data controllers, as follows:
On 21 December 2018, Turkish Competition Authority (“TCA”) published its decision regarding the investigation conducted against TTNET A.Ş. (“TTNET”), the leading internet service provider in Turkey, which is vertically integrated with the incumbent wholesale broadband access provider, Turk Telekom. The decision comprises of TCA’s assessment as to whether TTNET had abused its dominant position, in violation of article 6 of the Law No. 4054 on Protection of Competition (“Competition Law”), via certain types of bundled sales of fixed broadband internet and pay TV services.
The concept of garden leave is not a familiar concept to Turkish labor law as the legislation does not regulate this concept explicitly. The employers however in practice might have the need to make use of this concept for various reasons. Below we first introduce the concept of garden leave in general and then examine this concept under Turkish labor law.
Protection of intellectual property rights and preventing infringements arisen against them has gained importance at the global world in recent years and both domestic and multinational companies’ awareness rate is increasing continuously regarding this matter. But this results in an increase at court workload especially regarding IP related disputes causing slowdown at legal system in countries which has a developing industry like Turkey.