In its judgment dated June 28, 2022 and numbered 2018/6161, published in the Official Gazette dated December 20, 2022 and numbered 32049, the Constitutional Court ruled against the GSM operator that had rejected to provide phone line records upon the GSM owner’s request, on the grounds that as a result of such rejection, the right to effective remedy in connection with the right to request the protection of personal data within the framework of the right to respect for private life was violated.
Kaan Cetinkaya Joins Merzigo as Chief Legal Counsel
Cetinkaya Law Firm Founding Partner Kaan Cetinkaya has joined Merzigo in Turkey as its Chief Legal Counsel.
Cankat Simsek Returns to Private Practice
Former Stryker Regional Legal Counsel Cankat Simsek has joined Oncel, Aydin & Uygun Attorney Partnership as a Partner.
2023 Monetary Limits of Consumer Arbitration Committee Applications and Related Administrative Fines Announced
The Communiqué on Increasing the Monetary Limits in Article 68 of the Consumer Protection Law No. 6502 and Article 6 of the Regulation on Consumer Arbitration Committees (“Communiqué”) was published in the Official Gazette dated 16.12.2022 and numbered 32045.
Aksan Advises APY Ventures on Investment in Roketfy
Aksan has advised APY Ventures on its investment in Roketfy.
Electricity Generation in Turkey Series II: Unlicensed Electricity Generation
Pursuant to the Regulation on Unlicensed Electricity Production in Electricity Markets [“Regulation”] [available in Turkish only], it is possible to generate electricity without being obliged to obtain a license / pre-license from the Energy Market Regulatory Authority [“EMRA”] or incorporate a company. Accordingly, the consumers can meet their electricity needs from their own generation facilities that are in the vicinity of the consumption points and sell the surplus electricity limited to the previous year's consumption.
Dogus Gulpinar Joins Akinci Law Office as Partner
Former Nazali Tax & Legal Ukraine Partner Dogus Gulpinar has joined the Akinci Law Office as a Partner.
Mine Guner Sunay Joins Kenaroglu IP as Partner
Former Baker McKenzie Partner Mine Guner Sunay has joined Kenaroglu IP as a Partner, to start on January 1, 2023.
Omnibus Bill Amending Tobacco Legislation Was Published
Law on the Amendment of the Law on the Regulation of Tobacco, Tobacco Products and Alcohol Market and Certain Laws No. 7423 (the “Omnibus Bill”), which was submitted to the Grand National Assembly of Turkey on October 18, 2022 was legalized and published in the Official Gazette dated December 10, 2022 and numbered 32039. Some of the amendments in the Omnibus Bill entered into force on the date of its publication; while other amendments will enter into force on January 1, 2024.
White & Case Advises Gorillas on Sale to Getir
White & Case has advised Gorillas on its USD 1.2 billion sale to Getir. The Netherlands' Ploum reportedly also advised Gorillas. Freshfields Bruckhaus Deringer reportedly advised Getir. Goodwin Procter, Orrick Herrington & Sutcliffe, and McDermott Will & Emery reportedly advised some of the investors.
White & Case, GKC Partners, and Greenberg Traurig Advise on MNG Airlines Business Combination with Golden Falcon
White & Case and its Turkish affiliate GKC Partners have advised MNG Havayollari Ve Tasimacilik on its entry into a definitive agreement to become a publicly traded company through a business combination with Golden Falcon Acquisition Corp. for a pro-forma enterprise value of USD 676 million. Greenberg Traurig advised Golden Falcon.
Lexist Successful for Turkey in Investment Arbitration Against USD 6 Billion Claims
Lexist, working with King & Spalding, has successfully represented the Republic of Turkey Savings Deposit Insurance Fund in ICSID arbitration proceedings against claims by a company related to the outlawed FETO organization.
Data Sharing Obligation Has Been Introduced to Chain Stores Regarding Their Products and Branches
Investigations of the Turkish Competition Authority against certain undertakings operating in the fast-moving consumer goods (FMCG) industry as producers, suppliers, and retailers to determine whether Article 4 of the Law on the Protection of Competition has been violated are ongoing and currently, verbal self-defense processes are being submitted.
Metaverse as a Business
"In 10 years you won’t go to meetings – you’ll digitally teleport to them." Meta Founder, Mark Zuckerberg
Digital Transformation in the Insurance Industry: “Insurtech”
"The total insurtech industry value in 2022 was $5.4 billion. Revenue forecast for 2030 is $152 billion." Grand View Research, Insurtech Market Size, Industry Report, 2022-2030
The Case for Force Majeure in Turkey: A Buzz Interview with Ebru Temizer of Gen Temizer Ozer
Turkey's high inflation stirs real estate disputes while logistics tenants and labor-intensive sectors are deeply affected, according to Ebru Temizer, Partner of Kinstellar Turkish affiliate Gen Temizer Ozer.
Heuking Advises Setur on Award Procedure to Operate in Cologne Bonn Airport
Heuking Kuhn Luer Wojtek has advised Turkish duty-free operator Setur on the award procedure to operate the duty-free and duty-paid areas at Cologne Bonn Airport.
Simon Morgan Joins Esin Attorney Partnership
Former Moscow-based Baker McKenzie Partner Simon Morgan has joined the Banking & Finance department of Baker Turkish affiliate Esin Attorney Partnership.