Pursuant to Article 179 of the Turkish Execution and Bankruptcy Code (the “TEBC”), an insolvent debtor is entitled to apply to the commercial court and suggest a proposal for restructuring its debts and strengthening its financial status.

The prior approval obligation will not apply to B2B relationships, and commercial messages can still be sent to businesses without their prior approval.

During this webinar Solak&Partners Law Firm's lawyers will share their tips and experiences, latest updates on the Turkish M&A landscape and their predictions for 2022.

The European Commission's draft Net-Zero Industry Act introduces a groundbreaking framework that could allow Turkish-manufactured products to qualify as "Made in EU," fundamentally reshaping Türkiye's economic relationship with the European Union. While this recognition offers significant opportunities for Turkish industry—including enhanced access to European public procurement markets and deeper integration into manufacturing value chains—it comes with substantial compliance requirements

The Turkish Competition Authority had its final decision on the 3M case, which has been on the agenda of TCA for a long time.

Turkey's parliament has adopted sweeping amendments to the Soil Conservation and Land Use Act that impose unprecedented restrictions on the alcohol industry, including comprehensive bans on sponsorship, promotion, and brand-stretching...

Coronavirus outbreak is a reality that shows its effects all over the world as well as in Turkey.

The Law No. 7262 on Preventing the Financing of Proliferation of Weapons of Mass Destruction was published in the Official Gazette dated December 31, 2020 and numbered 31351, in order to implement the …

In accordance with the Law on the Amendment of Certain Laws for the Improvement of the Investment Environment numbered 7099 which was published in the Official Gazette on 10 March 2018...

This Regulation covers the principles regarding the support programmes established by KOSGEB for enterprises and entrepreneurs, technology centres, consultancy centres, institutes...

The Regulation on Amendments to the Regulation on Commercial Communication and Commercial Electronic Messages has been published in the Official Gazette dated January 4, 2020 and numbered 30998.

Turkey is emerging market’s dynamism and is a suitable area for future factors in the traditional market.

In the growing area of startup projects, we observe that entrepreneurs put in effort and pay attention to realizing their innovative ideas and projects...

On 14 July 2015, the Capital Markets Board approved the Listing Directive, prepared under the Regulation of Principles Regarding the Stock Activities in Borsa İstanbul A.Ş. ("Directive").

Our readers will recall our Client Alert of June this year 1 commenting on the new requirement for companies to create their own websites...

According to the first paragraph of Article 5 of the Communiqué on Share Buybacks No. II-22.1 (the "Communiqué"), a share buyback program can only be approved by a general assembly resolution.

Equity companies have enabled large investments and projects yet also caused company executives and managers to take great responsibilities and to be liable against the company, shareholders, and creditors for any losses incurred ...