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CITLENBIK SOKAK NO: 12, YILDIZ MAH, BESIKTAS, 34349 ISTANBUL, TURKEY
Tel:
Work +90 212 327 1724
Fax:
Fax +90 212 327 1725
Email:
Web:
www.gurkaynak.av.tr/

Turkey

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law’s corporate and M&A practice has ‘deep knowledge and experience’ and provides advice on acquisitions, agreements, contracts, corporate restructuring and due diligence. Nazlı Nil Yukaruç heads the department alongside Gönenç Gürkaynak; Tunç Lokmanhekim retired in late 2016. The firm’s client roster includes L’Oréal Turkey, Edenred and Mobil Oil Turkey.

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Competition
Competition - ranked: tier 1

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law’s competition practice has a stellar list of multinational clients, with the sizeable team advising on all aspects of competition law, including merger filings, preliminary and official investigations by the Turkish Competition Authority (TCA), and competition litigation. Recent highlights include advising General Electric on merger control aspects of its acquisition of Baker Hughes. In other work, the team represented MediaMarkt Turkey during investigations by the TCA. The ‘pragmatic and creativeGönenç Gürkaynak heads the practice; Hakan Özgökçen and Korhan Yıldırım are also recommended. The firm recently added Panasonic, Maersk Line and beIN Media Group to its client base.

Leading individuals

Gönenç Gürkaynak - ELIG Gürkaynak Attorneys-at-Law

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Compliance
Compliance - ranked: tier 1

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law covers the full array of compliance-related matters, including the drafting and implementation of anti-corruption processes, privacy compliance, data protection and internal investigations. The ‘accurate, responsive and experienced’ team is led by Gönenç Gürkaynak and is particularly experienced in whistle-blower protection. İlay Yılmaz and Olgu Kama are other key figures. The firm’s client base includes Al Shaya Group, Mobil Oil and Banks Association of Turkey.

Leading individuals

Gönenç Gürkaynak - ELIG Gürkaynak Attorneys-at-Law

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Dispute resolution
Dispute resolution - ranked: tier 3

ELIG Gürkaynak Attorneys-at-Law

Proactive and pragmatic’, ELIG Gürkaynak Attorneys-at-Law’s dispute resolution department is led by competition law expert Gönenç Gürkaynak and handles employment, commercial, competition and IP-related litigation. Recent highlights include defending Booking.com against a claim regarding unfair competition. Other clients include SanDisk, Google and 3M. Founding partner Tunç Lokmanhekim retired.

Leading individuals

Gönenç Gürkaynak - ELIG Gürkaynak Attorneys-at-Law

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IT and telecoms
IT and telecoms - ranked: tier 2

ELIG Gürkaynak Attorneys-at-Law

The ‘excellentELIG Gürkaynak Attorneys-at-Law is particularly well known for its expertise in the data protection and privacy areas. In addition to contentious work, the firm handles transactions, contracts, licensing and regulatory compliance. The department is jointly led by Gönenç Gürkaynak and İlay Yılmaz and acts as sole Turkish legal adviser to Google, YouTube and Twitter concerning IT and telecoms-related matters. Clients include Dell, Mobil Oil and L’Oréal Turkey.

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Intellectual property
Intellectual property - ranked: tier 3

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law’s Gönenç Gürkaynak and İlay Yılmaz lead advice on contentious and non-contentious IP matters and cover copyright matters, trade mark registrations, cancellations, infringement and litigation. The client roster includes well-known companies from the media, IT and entertainment sectors, such as Twitter, Google and YouTube.

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Media and entertainment
Media and entertainment - ranked: tier 1

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law’s media and entertainment practice is particularly well known in the digital media space. Led by managing partner Gönenç Gürkaynak and İlay Yilmaz, the team advises on litigation, IP-related matters and access bans. In an ongoing mandate, the team is advising Wikimedia Foundation on objections against the April 2017 access ban of all Wikipedia websites in Turkey. Clients includes several media giants, such as Twitter, Google, YouTube and, most recently, beIN Group.

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Further information on ELIG Gürkaynak Attorneys-at-Law

Please choose from this list to view details of what we say about ELIG Gürkaynak Attorneys-at-Law in other jurisdictions.

Turkey

Offices in Istanbul

Legal Developments by:
ELIG Gürkaynak Attorneys-at-Law

  • Restrictions on Use of Foreign Currencies in Certain Agreements between Turkish Residents

    The Presidential Decree dated September 12, 2018, on the Amendment of Decree No. 32 on the Protection of the Value of the Turkish Lira (" New Decree "), introduced significant restrictions on the use of foreign currencies in certain agreements between Turkish residents. Below, we explain the scope of the New Decree and discuss possible issues and problems that may arise in relation to the implementation of the New Decree. We also assess the potential effects of the Communiqué (2018/32-51) on the Amendment of the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Lira (2008/32-34) (" Communiqué "), which was published in the Official Gazette on October 6, 2018, and lists the exceptions to the restrictions imposed by the New Decree.
    - ELIG, Attorneys-at-Law

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Amendments Introduced through Law No. 7101 on Arbitration Proceedings

    State courts have very important functions concerning arbitration proceedings. These functions may aim to provide assistance to arbitration proceedings, such as collection of evidence through state courts, which would support the functions of the tribunal, or functions aimed at supervision of arbitration proceedings, such as set-aside actions. The legal provisions regulating these functions play an important role in the determination of whether a particular state has an arbitration-friendly legislation.
  • Restrictions on Use of Foreign Currencies in Certain Agreements between Turkish Residents

    The Presidential Decree dated September 12, 2018, on the Amendment of Decree No. 32 on the Protection of the Value of the Turkish Lira (" New Decree "), introduced significant restrictions on the use of foreign currencies in certain agreements between Turkish residents. Below, we explain the scope of the New Decree and discuss possible issues and problems that may arise in relation to the implementation of the New Decree. We also assess the potential effects of the Communiqué (2018/32-51) on the Amendment of the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Lira (2008/32-34) (" Communiqué "), which was published in the Official Gazette on October 6, 2018, and lists the exceptions to the restrictions imposed by the New Decree.
  • Amendment of ICSID Rules and Regulations

    At the 2016 Annual Meeting of the Administrative Council, the International Centre for Settlement of Investment Disputes ("ICSID") launched an amendment process on its' rules and regulations ("ICSID Rules and Regulations"). This has been the fourth amendment process since 1984, 2003 and 2006. As per Article 6 of the ICSID Convention, the amendments will only be effective upon the approval of two-thirds of the contracting states2. Hence, ICSID invited contracting states and the public3 to provide their amendment suggestions on topics worthy of consideration, which will be used as background papers throughout the process.
  • Trust Liability in terms of Groups of Companies

    Article 209 of Turkish Commercial Code No. 6102 ("TCC") has set forth obligations that are subject to damage caused by the trust and reputation of the parent company, as created with society and the consumer. Accordingly, "in the event that the reputation of the parent company and the group of companies reaches a certain level which provides trust to society or the consumer, the parent company is liable for the trust created by utilization of this reputation".
  • Possibilities and the Results of Trademark Confusion

    Trademarks are the vehicles that are used to differentiate companies one from the other. They help to capture the consumers' attention. It is essential and necessary to protect trademarks that are created and improved with capital and effort, from unrightful use by third parties, and to prevent the encroachment of trademarks through confusion. One of the most efficient functions of intellectual property law is to encumber imitations, and to halt improper benefit by using the popularity of the trademarks to their consumers. On the other hand, in our daily lives, we often see trademarks that are similar, and may wonder how they co-exist at the same time. In this article, we will shed light on the reasons why similar trademarks can be registered, the criteria that cause trademark confusion, and the remedies to prevent and/or remove these infringements.
  • Capital Markets Board Issues an Official Announcement on Initial Coin Offerings and Crowdfunding

    The Capital Markets Board (" CMB ") issued an announcement on September 27, 2018, on its website and addressed the much-disputed status of digital tokens and Initial Coin Offerings (" ICO "). In this announcement, the Capital Markets Board stated that it does not regulate or supervise ICOs, and also noted that it does not regulate or supervise most practices in which blockchain technologies are being used, such as cryptocurrency offerings and token offerings.
  • Recent Measures to Support Financial Stability in Turkey

    The Banking Regulation and Supervision Authority (the “BRSA ”) and the Central Bank of the Republic of Turkey (the “Central Bank ”) introduced certain legislative changes, to support financial stability and sustain the effective functioning of markets, following the plunge in the value of Turkish Lira.>
  • Non-liability of the Shareholders and Piercing the Corporate Veil

    1.      Introduction
  • Non-liability of the Shareholders and Piercing the Corporate Veil

    1.      Introduction
  • Quarterly Update on Trade Defense Cases in Turkey, June 2018

    In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio , is given to the Ministry of Economy ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.