The Aksan Law Firm has advised APY Ventures on its TRY 6.7 million investment in Shippn.
Moral, Kinikoglu, Pamukkale, Kokenek Advises Twin Science & Robotics on Pre-Series A Financing
Moral, Kinikoglu, Pamukkale, Kokenek has advised Twin Science & Robotics and its shareholders on the company's pre-series A fundraising.
A Quick Look at the Competition Authority’s M&A Outlook Report for 2022
The 2022 Mergers and Acquisitions (the "M&A") Outlook Report (the "Report") drafted by the Turkish Competition Authority's (the "Authority") Economic Analysis and Research Department regarding the transactions notified to the Authority in 2022 was published on the Authority's website on January 6, 2023.
Turunc Advises Lycian Capital on Partnership with Azimut
Turunc has advised Lycian Capital Partners on its partnership with the Azimut Group. Karatas Yildiz Borovali reportedly advised the Azimut Group.
BASEAK and ASK Legal Advise on TDF Technology and Innovation Fund Investment in Mindsite
Dentons Turkish affiliate law firm Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised the Turkish Development Fund’s Technology and Innovation Fund on its investment in Mindsite. ASK Legal advised Mindsite.
BDK Advokati, Binder Groesswang, and LKT Advise Turkish Investors on Acquisition of Veritas Group
BDK Advokati, Binder Groesswang, and Lakatos Koves & Partners, working with SZA Schilling Zutt & Anschuetz, have advised Turkish investors Baran Celik and Nuvit Gundemir and their families on the sale and purchase agreement with insolvency administrator Jan Markus Plathner to acquire Veritas Group's subsidiaries in Austria, Bosnia and Herzegovina, China, Turkey, and Hungary and three production plants in Germany.
Okkes Sahan and Serdar Ildirar Make Partner at Paksoy
Former Paksoy Counsels Okkes Sahan and Serdar Ildirar have been appointed as Partners with the firm.
The Deliverer’s Deliverers: A Look at Delivery Hero’s Dedicated M&A Team
With an average of 30 transactions in the last five years, Delivery Hero has developed its own, internal, dedicated M&A team. We sat down with Director and Head of M&A Legal Deniz Ozkan Ergun to learn more about how her team came to be and how they manage their pipeline of projects.
Turkey: Post-Pandemic Legal Developments in TMT
COVID-19 is over – well, almost over. We are now left with the aftermath of a baby boom, some Bored Apes, and the Metaverse. All these new phenomena that surged during the pandemic eventually turned their attention to law firms, for wide-ranging legal considerations associated with all kinds of communication, from the internet, to e-commerce, to OTT, and telecommunications. Technology, media, and telecommunications, otherwise known as TMT, are now the fastest-moving areas.
Turkish Constitutional Court Rules Against the GSM Operator That Rejected the Request of Provision of Phone Records
In its judgment dated June 28, 2022 and numbered 2018/6161, published in the Official Gazette dated December 20, 2022 and numbered 32049, the Constitutional Court ruled against the GSM operator that had rejected to provide phone line records upon the GSM owner’s request, on the grounds that as a result of such rejection, the right to effective remedy in connection with the right to request the protection of personal data within the framework of the right to respect for private life was violated.
Kaan Cetinkaya Joins Merzigo as Chief Legal Counsel
Cetinkaya Law Firm Founding Partner Kaan Cetinkaya has joined Merzigo in Turkey as its Chief Legal Counsel.
Cankat Simsek Returns to Private Practice
Former Stryker Regional Legal Counsel Cankat Simsek has joined Oncel, Aydin & Uygun Attorney Partnership as a Partner.
2023 Monetary Limits of Consumer Arbitration Committee Applications and Related Administrative Fines Announced
The Communiqué on Increasing the Monetary Limits in Article 68 of the Consumer Protection Law No. 6502 and Article 6 of the Regulation on Consumer Arbitration Committees (“Communiqué”) was published in the Official Gazette dated 16.12.2022 and numbered 32045.
Aksan Advises APY Ventures on Investment in Roketfy
Aksan has advised APY Ventures on its investment in Roketfy.
Electricity Generation in Turkey Series II: Unlicensed Electricity Generation
Pursuant to the Regulation on Unlicensed Electricity Production in Electricity Markets [“Regulation”] [available in Turkish only], it is possible to generate electricity without being obliged to obtain a license / pre-license from the Energy Market Regulatory Authority [“EMRA”] or incorporate a company. Accordingly, the consumers can meet their electricity needs from their own generation facilities that are in the vicinity of the consumption points and sell the surplus electricity limited to the previous year's consumption.
Dogus Gulpinar Joins Akinci Law Office as Partner
Former Nazali Tax & Legal Ukraine Partner Dogus Gulpinar has joined the Akinci Law Office as a Partner.
Mine Guner Sunay Joins Kenaroglu IP as Partner
Former Baker McKenzie Partner Mine Guner Sunay has joined Kenaroglu IP as a Partner, to start on January 1, 2023.
Omnibus Bill Amending Tobacco Legislation Was Published
Law on the Amendment of the Law on the Regulation of Tobacco, Tobacco Products and Alcohol Market and Certain Laws No. 7423 (the “Omnibus Bill”), which was submitted to the Grand National Assembly of Turkey on October 18, 2022 was legalized and published in the Official Gazette dated December 10, 2022 and numbered 32039. Some of the amendments in the Omnibus Bill entered into force on the date of its publication; while other amendments will enter into force on January 1, 2024.