Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership have advised Akfen Holding on its acquisition of the approximately 33% outstanding stake in Akfen Yenilenebilir Enerji from the EBRD and the IFC.
BASEAK Advises TechOne on Investment in Vanora Ventures
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised TechOne Venture Capital on its investment in Vanora Ventures.
The Authority of the Competition Board to Conduct on-site Inspections, Hindering the Inspection and Sanctions
“Even if the deleted correspondence is restored, the act of deletion is considered by the Competition Board as hindering the on-site investigation.”
Aksan Advises APY Ventures on Investment in Turan
The Aksan Law Firm has advised APY Ventures on its investment in the Turan financial technology company.
Paksoy Advises Ulker Biskuvi on Sustainability-Linked Loan
Paksoy, working alongside Morgan Lewis, has advised Ulker Biskuvi on obtaining a sustainability-linked loan from a syndicate of international lenders.
Turunc and Aksan Advise on Kalfa Investment Round
Turunc and Aksan have advised Bogazici Ventures and APY Ventures, respectively, on their investment in Kalfa in a round that also included Mindvest, Mikro Yazilim, and Hedef Portfoy. SCH-Legal reportedly advised Kalfa.
Eren Kursun Appointed New Managing Partner of Esin Attorney Partnership
Eren Kursun has been appointed the new Managing Partner of Baker McKenzie Turkish affiliate Esin Attorney Partnership – to start on July 1, 2023 – taking over from Ismail Esin who will continue to manage the Dispute Resolution department and serve on the firm's executive board.
Turkey's Shifting Priorities: A Buzz Interview with Onur Kucuk of KP Law
The major discussion points in Turkey have been drastically different – before and after the earthquake – with the upcoming elections gaining new importance, according to KP Law Managing Partner Onur Kucuk.
Digital Gaming Law
Only one group ever came and never went away: Lawyers.
This is because if the lawyers went, so would the games industry. (Richard A. Bartle)
Aksan Advises Medicover on Acquisition of Guven Lab
Aksan has advised the Medicover Group on the acquisition of Guven Laboratuvarlari from founder Ahmet Sahin. BeyKem reportedly advised Ahmet Sahin on the deal.
Employment in Turkey
Contributed by Nazali Tax & Legal.
Paksoy and Egemenoglu Advise on EBRD USD 20 Million Green Loan to Uludag Icecek
Paksoy has advised the EBRD on its USD 20 million long-term loan for Uludag Icecek to pursue green investments in Turkey. Egemenoglu advised the borrower.
Legal Remedies Against Cyber Fraud Under Turkish Law
Data processing systems' convenience has led to emergence of new cybersecurity risks and methods for committing cyber-crimes, as well as a growth in such crimes, notably fraud. This is one of the unintended consequences of digitalization in the financial sector.
Diri Legal and Sevi & Mergen Join Forces
Turkish law firms Diri Legal and Sevi & Mergen have joined forces to form a new full-service law firm in Istanbul – Diri Sevi Mergen – helmed by Partners Nazan Diri Bal, Ali Murat Sevi, and Turhan Mergen.
Did You Know: Most Prolific 2023 Thought Leaders
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, two CEE lawyers have already authored or co-authored eight thought leadership articles published on the CEE Legal Matters website this year, more than anyone else in the region?
The Law On Early Retirement (Not Meeting The Age Requirement) Came Into Effect
The Law Amending the Social Security and General Health Insurance Law No. 375 and Decree-Law No. 32121 (“Law”), which is eagerly awaited by the public and directly concerns approximately 2.5 million Turkish citizens, was published in the Official Gazette No. 32121 dated 03/03/2023 and came into force.
Paksoy Advises on Sale of MBIS to Nagarro
Paksoy has advised the shareholders of SAP partner MBIS on the sale of the company to Nagarro. Herguner Bilgen Ucer reportedly advised Nagarro.
The Corner Office: The Million Dollar Question
In “The Corner Office” we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With a rough year drawing to a close, and market uncertainties running high, the question this time: If you had a million dollars, what would you invest it in today?