In these days when 1.4 million workers in active working life in Turkey are expected to retire immediately by benefiting from the legal regulation regarding retirement age victims (“EYT”), it is important to evaluate the effects of this situation on employers, to determine in advance how employers will manage this process and, if necessary, to publish workplace regulations on this issue for the following reasons:
Web Scraping and Protection of Websites
Web scraping refers to several techniques used to collect data from the internet and is also known as screen scraping or data mining. With the web scraping method, the content available on someone else's website on the Internet is collected through software that simulates website browsing and is used on the scraper's websites or services. The best-known examples of web scraping are various price comparison sites, flight tracking programs, and news-curated websites.
Aksan Advises Simya on Investment in Evercopy
Aksan has advised Simya VC on its investment in AI-powered content creation tool developer Evercopy.
Paksoy Advises Rivulis on Acquisition of Jain Irrigation Business in Turkey
Paksoy, working with Latham & Watkins, has advised Rivulis on its acquisition of a part of the international irrigation business of Jain Irrigation.
Tugce Yalcin To Head New CEE Turkish Desk at Taylor Wessing Vienna
Taylor Wessing Counsel Tugce Yalcin – who joined the firm in March 2023 from DLA Piper – will head the firm's newly established CEE Turkish Desk in Vienna.
Paksoy Advises MCC on Acquisition of Korsini
Paksoy, working with Winston & Strawn, has advised MCC Verstraete on its acquisition of Korsini-Saf Ambalaj from Korozo Ambalaj and Enrico Corsini.
The Application of Time Extension Authority in Arbitrations Subject to the Code of Civil Procedure
Since the parties cannot resort to state courts as long as there is an arbitration agreement (Article 5 of the ICC and Article 413 of the CCP), the parties may be deprived of the right to resort to state courts if the arbitration proceedings take longer than necessary. On the other hand, one of the most important advantages of arbitration is that arbitral proceedings can be completed in a shorter period of time than state courts. Taking these principles into consideration, the legislator has limited the arbitration proceedings to a time limit in the International Arbitration Law and the Code of Civil Procedure.
KECO Legal and Guclu Law Firm Advise on Robeff Technology USD 200,000 Seed Investment Round
Kumkumoglu Ergun Cin Ozdogan has advised Robeff Technology on its USD 200,000 seed investment round led by Yildiz Tekno GSYO and supported by Adventures GSYF. The Guclu Law Firm advised the lead investors.
Paksoy Advises Dogan Holding and Aytemiz Family on Sale of Aytemiz to Tatneft
Paksoy has advised Dogan Sirketler Grubu Holding and members of the Aytemiz family on the sale of Aytemiz Akaryakit Dagitim to Tatneft.
New Omnibus Law Expands the Mediation System in Türkiye: Era of Mandatory Mediation in Lease Disputes
Initially regulated as a voluntary mediation system, through its official introduction to our legal system with the adoption of Law No. 6325 on Mediation in Civil Disputes in 2012, such was later accepted as "mandatory" in labor disputes, then in commercial disputes, and finally in consumer disputes.
Ibrahimovic & Co Launches Turkish Desk with Addition of Feyza Gerger Erdal
The Bosnia & Herzegovina-based law firm Ibrahimovic & Co has launched its dedicated Turkish Desk with the addition of Feyza Gerger Erdal, who will head the new department.
Interim Protection Measures in Arbitration Proceedings
In judicial proceedings, parties prefer arbitration because it is often faster than state courts. However, arbitration proceedings also require a certain period of time to reach a final arbitral decision. During this period, interim protection measures are needed to ensure that the proceedings achieve the desired goal and to guarantee the rights to be obtained as a result of the proceedings. In case of the protection of monetary receivables, a precautionary attachment is decided, and in case of the protection of rights other than money, a precautionary injunction is decided.
Closing: Saint-Gobain's Establishment of Joint Venture with Dalsan Now Closed
On April 6, 2023, Gide Turkish affiliate Ozdirekcan Dundar Senocak announced that Saint-Gobain's plaster and plasterboard joint venture deal with Dalsan in Turkey (reported by CEE Legal Matters on May 4, 2022) was completed.
Legal Innovation in Continental Europe: A Sneak Peek into Lexpo 2023 with Andrea Miskolczi
As Lexpo – The Legal Innovation Event returns in 2023 after a three-year hiatus, showcasing the latest trends in legal innovation in Continental Europe, CEELM spoke with Dentons Europe Director of Innovation and Member of Lexpo's Advisory Board Andrea Miskolczi to gain an insight into the current state of technology and innovation in CEE, and what the event's attendees have to look forward to.
Egemenoglu Advises Koza Polyester on IPO
Egemenoglu has advised Koza Polyester on its IPO, with Garanti Yatirim Menkul Kiymetler as the intermediary institution.
New Rules in IPO
The Capital Markets Board [the "CMB"] introduced critical amendments to the sale methods and distribution principles to be applied to initial public offering of shares of non-public companies with the publication of its Decision No. i-SPK.128.21 [the “Decision"] on March 30, 2023. Accordingly, the relevant provisions of the Communiqué on Sales of Capital Market Instruments No. II.5.2 of the CMB will be superseded by the rules outlined in the Decision until a contradicting decision is made.
ITCA Published New Principles and Procedures for Social Network Providers
On 1 April 2023, the Information Technologies and Communications Authority (ITCA) published decision no. 2023/DK-İD/119, dated 28 March 2023, regarding the new set of Principles and Procedures for Social Network Providers ("New Principles and Procedures") in the Official Gazette no. 32150.
BASEAK Advises Revo Capital on Investment in DefensX
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised Revo Capital on its investment in DefensX.