Moral, Kinikoglu, Pamukkale, Kokenek has advised the minority shareholders of Turquoise Yachts on the sale of their shares to MB UAE Investments.
Aksan Advises Iugo Technology on Investment from Otokoc Otomotiv
The Aksan Law Firm has advised Istanbul-based vehicle telemetry company Iugo Technology on receiving an investment from the Koc Group's Otokoc Otomotiv.
Turunc Advises Advises Bogazici Ventures on Investment in Artiwise
Turunc has advised Bogazici Ventures in its USD 600,000 investment in Artiwise.
Dentons and BASEAK Advise on Yapi ve Kredi Bankasi’s Dual Currency Loan
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership have advised the lenders on a USD 201.5 million and EUR 353.4 million dual-currency loan to Yapi ve Kredi Bankasi.
Turunc Advises Arya on Investment in Teleporter
Turunc has advised the Arya Women Investment Platform on its investment in Teleporter.
Aksan Advises APY Ventures on Investment in Milvus Robotics
The Aksan Law Firm has advised APY Ventures on leading an investment round into Ankara-based autonomous mobile robot company Milvus Robotics.
Cigdem Gizem Okkaoglu Joins Gunay Erdogan as Partner
Former ELIG Gurkaynak Senior Associate Cigdem Gizem Okkaoglu has joined Gunay Erdogan Attorneys at Law as a Partner in Ankara.
Remote Identification Services of Banks Become Available to Legal Entities
With the Regulation Amending the Regulation on Remote Identification Methods to be Used by Banks and Establishment of the Contractual Relationship on Electronic Medium ["Amendment"] [available only in Turkish] published by the Banking Regulation and Supervision Agency ["BRSA"] in the Official Gazette dated 25.05.2023 and numbered 32201, the scope of persons who may use remote identification services has been expanded.
BASEAK Advises Revo Capital on FileOrbis Investment
Dentons Turkish affiliate Balcioglu Selcuk Ardiyok Keki Attorney Partnership has advised Revo Capital on its investment in FileOrbis.
A New Era in the Istanbul Stock Exchange: Venture Capital Market
With the Communiqué on Principles Regarding Companies Whose Shares Will Be Traded on the Venture Capital Market [II-16.3] [“Communiqué”] published in the Official Gazette on 18.5.2023, the procedures and principles regarding the sale of non-public joint stock companies to qualified investors for trading in the stock exchange came into effect.
Banking & Finance in Turkey
Contributed by Guleryuz & Partners.
Cansu Telli Joins SST Technology as Legal Counsel
Cansu Telli has joined SST Technology as Legal Counsel in Turkey.
Aksan Advises Simya on Werover Investment
The Aksan Law Firm has advised Simya VC on its investment in Werover, in a USD 400,000 round that also included angel investors Semiramis Kulak and Arman Koklu.
Dogukan Berk Aksoy and Ece Alkan Make Partner at Yetkin Attorneys at Law
Former Counsel Dogukan Berk Aksoy and former Senior Lawyer Ece Alkan have both been promoted to Partner with Yetkin Attorneys at Law in Ankara.
Sadik & Sadik Changes Name to Sadik & Capan with Addition of Nazli Tonuk Capan
Sadik & Sadik has changed its name to Sadik & Capan with the addition of Nazli Tonuk Capan as Co-Managing Partner.
Aksan Advises Maxis and Founder One on Argedu Investment
The Aksan Law Firm has advised portfolio manager Maxis and venture capital fund Founder One on their investment in Istanbul-based online education company Argedu.
Allen & Overy and Shearman & Sterling Announce Merger to Create Allen Overy Shearman Sterling
On May 21, 2023, Allen & Overy and Shearman & Sterling announced they are merging into a fully integrated firm: Allen Overy Shearman Sterling – A&O Shearman for short.
Paksoy Advises EBRD on USD 110 Million Loan to Enerjisa Uretim
Paksoy has advised the EBRD on its USD 110 million loan to Enerjisa Uretim.