Gen Temizer Ozer has advised Bor Seker on its IPO and listing on the Istanbul Stock Exchange.

Allen & Overy and Turkish affiliate Gedik & Eraksoy have advised the joint bookrunners on Turkiye Wealth Fund’s inaugural international bond offering, raising USD 500 million at 8.25% interest.

Egemen Egemenoglu has been appointed the new Managing Partner of the Egemenoglu Law Office in Istanbul, following a meeting of the firm's Partners on January 27. He takes over from Yunus Egemenoglu, who will now serve as a Senior Partner at the firm.

Former Esin Attorney Partnership Partner Caner Elmas has joined Allen & Overy Turkish affiliate Gedik & Eraksoy as a Partner.

Turunc, working with Travers Smith, Slaughter & May, and Fried Frank, has advised Ascential on the sale of its WGSN global consumer trends forecasting and product design business to funds advised by Apax Partners for a total enterprise value of up to GBP 700 million. Reportedly, August Debouzy, Bowman Gilfillan, Chiomenti, Clayton Utz, FCR Law, Gomez-Acebo & Pombo, Howse Williams, Latham & Watkins, and Noerr advised Ascential as well. Allen & Overy and Kirkland & Ellis reportedly advised Apax Partners.

Allen & Overy and its Turkish affiliate Gedik & Eraksoy have advised MUFG Securities, Mitsubishi UFJ Investor Services & Banking, and UK Export Finance on the EUR 1.247 billion financing for the Turkish Ministry of Treasury and Finance regarding a 140-kilometer segment of high-speed, low-carbon electric railway between Yerkoy and Kayseri, in the Ankara region of Turkiye.

Paksoy has advised the EBRD on its USD 100 million loan to Enerjisa Enerji as part of its earthquake response package.

Turunc has advised Gelecek Etki Fonu on its investment in the UK's OctaiPipe, in a round that included SuperSeed, Forward Partners, D2, Atlas Ventures, Martlet Capital, and Deeptech Labs. Goodwin Procter and Oury Clark Solicitors reportedly advised OctaiPipe.

According to the Provisional Article 1, that is added to the Turkish Code of Obligations with the 4th article of the "Law on Amendments to the Lawyers' Code and the Turkish Code of Obligations" numbered 7409, which was published in the Official Gazette on 11.06.2022 and is valid as of that day residential rent agreements regarding the rental fee to be applied in the renewed rental periods between the date of entry into force of this article and 01.07.2023 (including these dates) are valid, provided that they do not exceed twenty-five percent of the rental fee of the previous rental year. In other words, contracts containing more than a twenty-five percent increase in housing rent compared to the previous year were deemed invalid in terms of the excess amount. 

The World Economic Forum established the AI Governance Alliance, bringing together leaders from diverse sectors such as industry, government, academia and civil society to support the responsible global development and use of transparent and inclusive AI systems.

Turunc, working with Reed Smith, has advised Sphera on its acquisition of SupplyShift. Simpson Thacher & Bartlett reportedly advised Sphera parent company Blackstone. The VLP Law Group reportedly advised SupplyShift.

Kumkumoglu Ergun Cin Ozdogan has advised the Yildirim Family on its exit from Kleemann Asansor. Akbal reportedly advised the counterparty.

With the decision published in the Capital Markets Board Bulletin dated 29.12.2023 and numbered 2023/82 ["Decision"], the amounts subject to revaluation in the Capital Markets Law No. 6362 and related regulations and other regulations were determined for the year 2024.

Lexist, working with Mayer Brown, has advised AGM on its acquisition of Oppo's operations in Turkiye, including its manufacturing plant in Tuzla, Istanbul.

Turunc has advised Bogazici Ventures on its investment in Lokum Games. The round included APY Ventures and other investors. AAT Partners reportedly advised Lokum. Aksan reportedly advised APY Ventures.

Article 26 of the Industrial Property Law No. 6769 ("IPL") authorises the Turkish Patent and Trademark Office ("Office") to revoke trademarks in cases set out in the relevant article. According to IPL Article 192/1-(a), this provision was set to come into effect seven years from its publication date, i.e., 10 January 2024. Additionally, 4^th provisional article of the IPL stipulated that this authority would be enforced by the courts until that time. Thus, with the expiration of the aforementioned seven-year period, the authority for the administrative revocation of trademarks was passed from the civil courts to the Office as of 10 January 2024.

Paksoy, working with Mayer Brown, has advised Turk Ekonomi Bankasi on its USD 400 million issuance of fixed-rate resettable tier 2 notes due 2034. Allen & Overy and its Turkish affiliate Gedik & Eraksoy reportedly advised the joint bookrunners. 

The Aksan Law Firm has advised venture capital fund Founder One on its investment in ERG Controls.