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There are no obligations of conduct agreed by the parties in the merger and acquisition process. Although there is no such obligation, according to good faith, the parties have obligations of loyalty and protection to each other.

The Turkish Commercial Code No. 6102 ("TCC") introduces detailed provisions regarding merger transactions, regulates for the first time spin-off transactions and materially broadens the scope of conversion of type transactions.

A summary of the most recent legal developments.

The Regulation on the Amendment to the Regulation on the Oil Market Licensing entered into force through publication in the Official Gazette dated 28.07.2020 and numbered 31199.

The European Commission ("Commission") has been in the process of what can be called a reform of secondary legislation for the last few years.

In our article, where we comprehensively examine the settlement mechanism in competition law with a comparative approach to EU legislation, we analyze the conditions and reasons for applying for settlement, detail the settlement procedure and outcomes, and emphasize the importance of pre-application assessments.

Legal due diligence ("DD") is an essential part of M&A process. Legal DDs help the parties in various phases of an M&A process...

Employee stock option plans ("ESOP") have found an intensive and diverse practice in the United States of America ("USA"), especially in the 1970s, with plans designed particularly...

Commercial companies are incorporated in accordance with the provisions of the Turkish Commercial Code ("TCC"), and over time, structural changes such as mergers or divisions may be preferred, generally with the aim of improving their financial condition.

The CMB is entitled to take a decision to reinstate the transaction if the transaction is not duly performed. If this decision is not fulfilled within 30 days

Synergies and increase in the assets of the merging companies are aimed at mergers.

Foreign real or legal persons can purchase real estate from Turkey. In fact, many restrictions regarding this have been removed, making it easier for foreigners to purchase immovable property from Turkey.

The Resolution of Council of Ministers dated 19.02.2018 and numbered 2018/11439 on the Entry Into Force of the Cooperation Agreement Regarding the Turkey-EBRD Cooperation Fund Account..

Recent Keynotes of September 2019.

Traditional security models against warranty claims under the Merger and Acquisition transactions are commonly recognised as escrow mechanism, purchase price retention, share pledge and bank or parent company guarantees.

The European Court of Justice annulled the European Commission's rejection decision on US based Illumina Inc. ("Illumina") and US based Grail L.L.C ("Grail")...

Article 7/2 of Act No. 4054 on the Protection of Competition authorizes the Turkish Competition Authority to determine through communiqués, types of mergers and acquisitions which must be notified for clearance in order to become legally valid.