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  • Article

    Amendments to the Regulation on the Implementation of the Foreign Direct Investment Law

    The Ministry of Trade (formerly known as the Ministry of Economy) ("Ministry") published the Regulation Amending the Regulation on the Implementation of the Foreign Direct Investment Law ("Regulation"), in the Official Gazette on June 1, 2018.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Authorizing Third Parties With Limited Powers: Proxy Or Registered Authorized Signatory?

    Companies, regardless of their types and sizes, often need to appoint individuals other than their board members, to perform certain tasks arising from their day-to-day operations...
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Culpa In Contrahendo: Sellers' Liability Arising From Legal Due Diligence

    In a merger and acquisition (M&A) transaction, comprehensive examination on the target company is crucial and have significant importance. Information obtained through the legal due diligence enables the buyer to decide whether the target company is worth the investment and thus, the future course of negotiations is shaped within this scope.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Notes On Granting Loans From Turkish Entities To Foreign Group Companies

    Daily cross border transactions, money transfers from one country to another and investments abroad are natural outcomes of the globalization.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Power Of Privileged Shares

    In terms of Turkish corporate law perspective, different types of privileges may be granted to certain shares during drafting the articles of association...
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Registration Of Commercial Enterprises Owned By Ordinary Partnerships

    Under the Turkish Commercial Code, a commercial enterprise is defined as an enterprise...
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Changes Proposed By The Draft Communiqué To The Tender Offer Procedures In Turkey

    Under Article 26(1) of the Turkish Capital Markets Law ("Law"), an acquisition of shares entitling management or voting rights obliges the acquirer to make tender offers to the other shareholders...
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Long-Running Battle: Limitations Of Liability In M&A Transactions

    Allocation of liabilities between the parties in merger and acquisition ("M&A") transactions is of utmost significance, in order to ensure that the buyer will be sufficiently protected, and the seller's
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Turkey Moves To Improve The Investment Environment

    The Law on the Amendment of Certain Laws for the Improvement of the Investment Environment No. 7099 was published in the Official Gazette last month and introduced significant amendments to various laws..
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Turkish REITs: Key Points To Consider Before An Initial Public Offering

    A REIT must conduct its activities in suitable business premises with the necessary equipment.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    An Overview Of Corruption Risks In The Pharmaceutical Sector

    It has been argued that the pharmaceutical industry is one of the sectors that is remarkably vulnerable to corruption.
    TurkeyCriminal Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Import and Export of Capital in Turkey

    The Central Bank of the Republic of Turkey ("Central Bank") adopted a new Capital Movements Circular ("Circular") on May 2, 2018, as per the Decree No. 32 and the Communiqué No. 2008-32/34.
    TurkeyFinance and Banking
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Turkish Healthcare Agency Publishes Guidelines On Homeopathic Products

    The Turkish Medicines and Medical Devices Agency published the Guideline on License Application for Homeopathic Medicinal Products ("Guideline on Licensing") and …
    TurkeyFood, Drugs, Healthcare, Life Sciences
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Turkey Concludes Investigation On Plastic Infant Care Products Imported From China And Taiwan

    The investigation was launched upon the application of the Turkish company Burda Bebek Ürünleri San. ve Tic., a domestic manufacturer.
    TurkeyInternational Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Recent Developments In Trade Registry Regulations

    The signature declarations of signatories who reside abroad may be certified by Turkish consulates in the country where the signatory resides.
    TurkeyLitigation, Mediation & Arbitration
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    ICTA's Decision On Value Added Telecommunication Services

    In terms of new phone service subscribers, their telephone lines will be deemed to be closed to make calls towards 888/989 numbers by default.
    TurkeyMedia, Telecoms, IT, Entertainment
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Constitutional Court's Decision on the Requirement to Exhaust All Legal Remedies with Respect to Access Ban Requests

    The owner of a modeling agency ("Applicant") applied to the Constitutional Court regarding the Istanbul 3rd Criminal Judgeship of Peace's decision ("Decision"), which had affirmed the Istanbul 2nd Criminal Judgeship of Peace's ruling rejecting the Applicant's request for the access ban of certain search engine results.
    TurkeyMedia, Telecoms, IT, Entertainment
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Highlights From Turkish Data Protection Authority's Activity Report For 2019

    Turkish Data Protection Authority ("DPA") has published its activity report for the year 2019. The purpose of preparing such report is presented as to inform the public...
    TurkeyPrivacy
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Turkish DPA's Decision On Right To Be Forgotten

    Turkish Data Protection Authority ("DPA") recently published a decision regarding exercise of "right to be forgotten" on search engines in Turkey.
    TurkeyPrivacy
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Regulation On The Determination Of Investment Zones

    The Regulation on the Determination of Investment Zones was published by the Ministry of Industry and Commerce in the Official Gazette on December 1, 2018, and entered into force on the date of its publication.
    TurkeyReal Estate and Construction
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law

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