Sayenko Kharenko, Mar 10: We invite Ukrainian and international communities to help Ukraine in these difficult times. You can help through the Charitable Fund "Breathe", originally established by Sayenko Kharenko's partners to support hospitals during the COVID-19 pandemic.

Ukrainian conflict has severe and far-reaching consequence on peoples lives.

Turkish Commercial Code No. 6102 (“TCC”) sets forth that in accordance with the articles of association or by changing the articles of association, general assembly of shareholders of a joint stock company may decide to issue dividend right certificates in favor of the owners, creditors or those related to the company for a similar reason. In this article, we will focus on the purpose and types of dividend right certificates within the framework of Article 348, 502 and 503 of the TCC.

Russia’s invasion of Ukraine represents one of the worst security crises in Europe. It is also expected to have far-reaching implications for the global economy, particularly given Russia’s role as the world’s second-largest producer of natural gas. Sanctions will mean higher energy prices in Europe.

Succession is essentially the passing of the legator's personal assets during their lifetime to the estate, subject to joint ownership upon the legator’s death, and then to individual heirs. Prior to the death of the legator, the legator preserves all of their property rights, while the future heirs do not attain heirdom, let alone any rights on legator’s property. The titles of legator and heir are gained only upon the death of a person, and from then on, the heirs are entitled to the inheritance. For this reason, the most contentious aspects of inheritance law are succession, which is the transfer of the inheritance and possible interventions to the heirs’ inheritance shares.

The Croatian data protection authority has recently passed a decision establishing the violation of the right to personal data protection in terms of the articles 5, 6 and 14 of the General Data Protection Regulation of EU 2016/679 (“GDPR”), due to a phone call made to the number listed in “Do-not-call” registry.

On January 19, 2022, Turkish Competition Authority (“Authority”) has published a highly anticipated decision of the Competition Board (“Board”) regarding the investigation against retail grocery chains and suppliers of such chains, active in the fields of retail food and cleaning products (“Investigation”). The Investigation involved leading global suppliers of food and cleaning products such as Henkel, Unilever, Nestle, Johnson & Johnson, Procter & Gamble and Nivea as well as almost all retailers active in fast moving consumer goods (“FMCG”) business in Turkey including but not limited to the major players such as BİM Birleşik Mağazalar A.Ş. (“BİM”), CarrefourSA Carrefour Sabancı Ticaret Merkezi A.Ş. (“Carrefour”), Migros Ticaret A.Ş. (“Migros”) and Yeni Mağazacılık A.Ş. (“A101”).

Vasil Kisil & Partners, Mar 7: Friends of Ukraine, wherever you are now, you can help!

The Hungarian Competition Authority ordered online shop Alza to compensate consumers for a total amount 11 times as much as the fine to be paid to the HCA.

Following the launch of a military operation against Ukraine by the Russian Federation; EU, US, UK and several other countries began imposing broad economic sanctions against Russia. Another recent and critical sanctions is the European Council’s decision and regulation of March 2, 2022, which removes 7 Russian banks from the SWIFT system.

Radu Taracila Padurari Retevoescu, Mar 4, 2022

The Hungarian Competition Authority ("HCA") has published a summary report of its 2021 activities. The HCA opened 51 competition proceedings against 124 undertakings, almost 25% more than in the previous year, and 42 cases were closed in 2021.

Eterna Law, Mar 3, 2022: The law firm condemns the armed aggression of the Russian Federation against Ukraine. In any war, wins the one who stands for the truth. And it is Ukraine. The main goal today is to save the lives of Ukrainians and defeat the aggressor.

Motieka & Audzevicius, Mar 3, 2022

The EU has ordered further sanctions in response to Russia’s ongoing large-scale invasion of Ukraine. The new sanctions mainly focus on restricting Russia’s ability to purchase certain goods and are designed to have a sensitive impact on the flows of funds towards the Russian state, its government and certain individuals.

Asters, March 1, 2022: On 24 February 2022, Russia launched a full-scale invasion of Ukraine. Not only military facilities, but also civilian areas and objects (residential buildings, hospitals, kindergartens, etc.) are under the indiscriminate attack of the Russian forces.

The European Commission has revised the regulations of the net short position reporting and published rules to permanently lower the initial net short position reporting threshold from 0.2% to 0.1% under the EU Short Selling Regulation (SSR). The new threshold took effect on 31 January 2022.

The entire CEELM team has been following the war in Ukraine unfold with a deep sense of powerless concern. At such a trying time for all our readers, partners, and friends in Ukraine we at CEELM wish to extend our deepest wishes for their safety and the safety of their loved ones. We still hope this unnecessary conflict comes to a swift and peaceful conclusion.