Paksoy, working with Wachtell, Lipton, Rosen & Katz, has advised Global Payments on its acquisition of Yazara Payment Solutions and its Turkish subsidiary SoftPos Teknoloji.

White & Case's Turkish affiliate GKC Partners has advised Akbank, ING Turkiye, MUFG Bank Turkey, QNB Finansbank, and Turk Ekonomi Bankasi on an approximately EUR 90 million loan to Temsa.

Aksan has advised Pharmacontract on obtaining clearance from the Turkish Competition Board for the acquisition of unspecified subsidiaries in Italy.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With industry-specific software emerging left and right, the legal industry was not left behind. To explore some of the trends in this regard, we asked: What are some of the specific legal tech platforms you use?

On May 28, 2024, the Turkish Medicines and Medical Devices Agency (Agency) took a significant step in regulating the healthcare industry by unveiling the draft Regulation on Promotional Activities of Medicinal Products for Human Use and Foods for Special Medical Purposes (Draft). This comprehensive Draft aims to address various aspects of promotional activities, ensuring that they are conducted in a manner that upholds scientific integrity and prioritizes patient safety.

It is unavoidable that the increasing population, traffic, industrialization, used wastes, etc. pollute nature and the environment. We, as human beings, should reduce environmental pollution for future generations. This is where alternative energy production comes into play.

The Data protection is an increasingly important issue in today’s digital world. The rapid development of information technologies has made it easier for state institutions and private sector organizations to access thousands of personal data daily. This situation has increased the processing and transfer of personal data and has led to the necessity of protection.

White & Case’s Turkish affiliate GKC Partners has advised Zurich Insurance on its acquisition of NN Hayat ve Emeklilik. Baker McKenzie's Turkish affiliate Esin Attorney Partnership advised the sellers.

With its resolution numbered i-SPK.35.B.1 (dated 19 September 2024 and numbered 1484) (the “Resolution“), the Capital Markets Board (the “CMB“) clarified the legal status of non-fungible tokens (“NFTs“) and crypto assets used in virtual games.

White & Case and its Turkish affiliate GKC Partners have advised Pegasus Airlines on its USD 500 million Eurobond issuance with Citigroup Group Markets Limited and Morgan Stanley & Co International as the joint global coordinators and joint bookrunners and J.P. Morgan Securities, HSBC Bank, SMBC Nikko Capital Markets Limited, and BCP Securities as the joint bookrunners. Baker McKenzie and its Turkish affiliate Esin Attorney Partnership advised the joint global coordinators and joint bookrunners.

Sakar Law Firm, working with DLA Piper’s Canada office, has advised EMX Royalty Corporation on secured debt financing for a transaction with the Franco-Nevada GLW Holdings Corp.

Kinstellar and its Turkish affiliate KST Law, working with Bowmans, have advised Quexco Incorporated on its USD 110 million acquisition of Mutlu Aku from Metair International Holdings Cooperatief. Linklaters, working with Webber Wentzel and Taboglu, advised Metair.

Turunc, working with Greenberg Traurig, has advised Riverwood Capital on its investment in Picus Security. White & Case reportedly advised Picus Security.

Aksan has advised the selling shareholders including Horoz Lojistik on the sale of Horoz Bollore to Bollore Logistics.

In recent years, in-house legal teams have faced growing pressure to manage budgets more effectively while maintaining high standards of service. In this article, I will share best practices for managing legal budgets, and address trends, challenges, and strategies that have shaped the budgeting landscape for in-house legal teams.

M&A transactions involve numerous legal, financial, and operational challenges. As in-house counsel, we are responsible for businesses’ right risk allocation and risk mitigation, while we bear significant responsibility in ensuring the deal progresses smoothly and can be closed successfully. Given this high responsibility, effective collaboration with external counsel is crucial to navigating these high-stakes deals and ensuring a smooth and successful transaction. Drawing from my experience, I will share best practices for selecting, collaborating with, and managing external counsel during M&A projects to achieve optimal outcomes and make your life easier in the post-closing and integration stages.

Hewlett Packard Enterprise Director & Associate General Counsel Yota Kremmida shares her strategies for effectively managing a diverse, geographically dispersed team through remote work.

Selin (Evrem) Pattni is the Head of Legal Global Purchasing and Supply Chain Operations of Henkel, and she is also on the Executive Committee of Henkel Global Supply Chain B.V. located in Amsterdam, the Netherlands. Selin reflects on her own career path and on strategies for training and developing her in-house team.