Paskoy has advised Ziraat Katilim on its entry into a EUR 250 million murabaha syndicated loan agreement with the participation of Bank ABC, Dubai Islamic Bank PJSC, Emirates NBD Capital Limited, Standard Chartered Bank, and Warba Bank. Dentons reportedly advised the afore-mentioned banks involved on the loan agreement.
Translation works, which were created by transferring the intellectual artwork created in one language into another one, are preserved and considered as a work in today’s laws. This is undoubtedly due to the fact that translation works are results of intensive work and labor. Although translators are working on the basis of the original work, they are adapting the original work to another language by transferring information from their previous experiences. In this regard, it is an undeniable fact that translations should be evaluated as a separate work independently from the original work.
The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, has been given from the Ministry of Economy to the Ministry of Trade (“Ministry”). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
The reasoned decision1 of the Turkish Competition Board (the “Board”) concerning the preliminary investigation initiated by the Turkish Competition Authority (the “Authority”) against four movie producers and their professional union has been published on the official web-site of the Authority on March 8, 2019 (the “Reasoned Decision”).
Join the 2nd UK Turkish Overseas Investment Forum, 26 Apr 2019 - London, UK
Join the 7th Invest in Turkey Forum - 25th April, Woldorf Hitlon Hotel, London.
Balcooglu Selcuk Akman Keki Attorney Partnership and Dentons have advised Koc Holding A.S., Turkey's largest holding company, on its issuance of USD 750 million 6.500% Notes due 2025. Gedik & Eraksoy and Allen & Overy advised the joint bookrunners Bank of America Merrill Lynch, Citigroup, and J.P. Morgan.
Pursuant to the Turkish Data Protection Law which aims to provide data security, it has set some rights and obligations to specific subjects. Those subjects fall into three categories: data subject, data processor and data controller. Data subject expresses a real person whose data is processed; data controller is defined as the real or legal person that determines the objectives and tools of processing of the personal data, and is responsible for the establishment and management of a data recording system; data processor is defined as the real or legal entity that processes the personal data, with the authority bestowed by the data controller, and in the name of the data controller. Data Protection Law sets forth essential responsibilities for data controllers, as follows: