The Legal 500

SUN PLAZA, BILIM SOKAK, NO 5, K: 14, MASLAK, 34398 ISTANBUL, TURKEY
Tel:
Work +90 212 366 4700
Fax:
Fax +90 212 290 2355
Web:
www.paksoy.av.tr
Email:

Main work contacts

CategoryContact
Banking and finance Togan Turan, Omer Collak
Capital markets and securities Serdar Paksoy, Omer Collak
Competition and antitrust Togan Turan
Corporate and commercial Elvan Aziz, Togan Turan
Energy and natural resources Serdar Paksoy, Zeynel Tunc
Infrastructue, PPP & Construction Serdar Paksoy, Zeynel Tunc
Litigation and dispute resolution Serdar Paksoy, Gökhan Bozkurt
Mergers and acquisitions Serdar Paksoy, Elvan Aziz, Togan Turan
Private Equity Serdar Paksoy, Elvan Aziz
Privatisation Serdar Paksoy, Togan Turan
Project finance Serdar Paksoy, Zeynel Tunc
Tax Services Baris Kencebay
Technology, Media and Telecoms Elvan Aziz, Togan Turan

Legal Developments by:
Paksoy

  • SQUEEZE-OUT RIGHT IN PUBLIC COMPANIES -- TURKEY

    Squeeze-out and sell-out rights in Turkish public companies are regulated by the Communiqué on Squeeze-Out and Sell-Out Rights (the " Communiqué ") published in the Official Gazette dated 2 January 2014 effective as of 1 July 2014. The Communiqué was issued by the Capital Markets Board of Turkey (the " CMB ") in accordance with the Capital Markets Law and regulates the right to squeeze-out minority shareholders by the controlling shareholder and the minority shareholders' rights to exit the public company by selling their shares to the majority shareholder.
    - Paksoy

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • SQUEEZE-OUT RIGHT IN PUBLIC COMPANIES -- TURKEY

    Squeeze-out and sell-out rights in Turkish public companies are regulated by the Communiqué on Squeeze-Out and Sell-Out Rights (the " Communiqué ") published in the Official Gazette dated 2 January 2014 effective as of 1 July 2014. The Communiqué was issued by the Capital Markets Board of Turkey (the " CMB ") in accordance with the Capital Markets Law and regulates the right to squeeze-out minority shareholders by the controlling shareholder and the minority shareholders' rights to exit the public company by selling their shares to the majority shareholder.
    - Paksoy
  • Integration of US and Europe Energy Markets: TTIP and Global Energy Trading Projection

    Shale gas revolution has been driving US energy market by increasing economic and industrial competitiveness. Today, shale gas has gained acceptance as "bonanza" which triggered slump in gas prices and sparked off widening the energy gap between US and Europe. US gas export is forecasted to bemounted up 6 billion cubic feet per day signifying UK's daily demand in winter as of 2020. At this stage, a potential oil and gas trade between US and EU will become an inevitable pace for world energy supply-demand balance.
  • Transatlantic Trade and Investment Partnership: How should Turkey Cope with the Changing Dynamics?

    The free trade agreement, known with its acronym TTIP , currently being negotiated between the United States and the European Union is expected to have immense legal implications as well as commercial ones for the signatories. The numbers are self explanatory; two blocks when combined together produces almost half the world's GDP and around one third of the total world trade. The bilateral trade across the Atlantic has already exceeded USD 3.7 trillion. For these two economic giants to sign such a deal mean a monumental shift in world economic balances. As the United States and the European Union are expected to benefit significantly from such shift, the countries that will be left out will have to face a new legal regime that would cover the entire jurisdiction producing half of the world's GDP.
  • Bright Future Of Solar Power Market In Turkey

    In recent years renewable energy market development became primary energy strategy of Turkish government with the intention of improving energy efficiency and decreasing energy import dependency. Particularly, solar power seems as fundamental resource  of electricity generation in the near future. In terms of insolation Turkey possesses high potential among European countries.
  • Civil Aviation in Turkey: A Fine Balance Between Growth and Regulatory Tendencies

    General Framework
  • Strong Regulatory Base of the Turkish Banking Sector Amid Mixed Signals

    Mixed signals are recently coming from the Turkish Banking sector. The industry, on the one hand, has recently seen an unprecedented levels of volume which is estimated to be USD$ 855 billion to dwarf the economic might of 22 of the 28 EU member states and on the other hand has been witnessing a reduction in the credit volume that went down to 1.130 trillion Turkish liras as of the July 2014. It is not easy to comprehend the meaning of such conflicting signals emanating from the Turkish banking industry. In order to make sense of the current shape that the Turkish banking industry takes, it is better to see the bigger picture in Turkey which has been leading the Turkish authorities to regulate the industry in increasing frequency.
  • US Aviation and Defense Industry: Simultaneous Growth and Decline

    The American aerospace and defense industries have recently found themselves in an odd situation of simultaneous growth and decline.  To be more precise the non defense related component of the industry; the civilian aviation industries are bent on a course of growth, however the other component of the industry; the defense related aerospace industry is in decline.
  • Turkish Treasury Is Giving Its Word - The Debt Assumption Model Has Been Adopted

    Long awaited legislation on the debt assumption model will benefit PPP and BOT projects in the infrastructure, healthcare and education sectors. The debt assumption model has been finally introduced recently into Turkish legislation. The new piece of regulation is paving the way for the Turkish Treasury to assume project debt borrowed by project companies in large-scale BOT model infrastructure investments and healthcare and educational campus PPP projects. The Debt Assumption Regulation was published in the Official Gazette on 19 April 2014.
    - Paksoy
  • Legal Remedy Against Decisions About Precautionary Attachment

    In this article, we have reviewed the legal opinion and information about rejection of precautionary attachments and decisions considering Code of Civil Procedure ( "Code" ) numbered 6100 and Court of Appeal Assembly of Civil Chambers Precedent Decision numbered 2013/1 E. 2014/1 K.  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri; mso-ansi-language:TR; mso-fareast-language:TR;}
  • Well – Known Trademark