fbpx

Insights

We share our knowledge and expertise to update our community and clients about legal developments in Türkiye.

Filters




Lawyer Monthly Interviews

Articles -

Every month. Lawyer Monthly’s In Profile: An Interview With … feature speaks to experienced lawyers to find out about their work. any recent changes within their practice area. what motivates them and the challenges they face. This month. we speak to Mehmet Gun from Gun+ Partners in Istanbul, Turkey. You have recently published a book on Advocacy profession In Turkey. 500 copies of the first edition have already been finished. Congratulations! Apparently It Is the first of… »

Litigation & Dispute Resolution 2015, Turkey Chapter

1 LITIGATION 1 Preliminaries 1.1 What type of legal system has Turkey got? Are there any rules that govern civil procedure in Turkey? Turkey’s legal system is based on civil law. Civil procedure is governed by the Code of Civil Procedure (“the CCP”) dated 01.10.2011 and numbered 6100. There are also some specific procedural rules regulated by the Turkish Commercial Code and the Code of Labour Courts, etc. 1.2 How is the civil court system in Turkey structured? What are the… »

A New Age of Personal Data Protection Dawns in Turkey

A draft Turkish bill, inspired by the European Data Protection Directive 95/46/EC, contains the building blocks for a privacy regime which would introduce such concepts as prior notification of data subjects, registration with the data protection regulator and restrictions on data transfers. In this article, Begüm Yavuzdoğan Okumuş, Bentley James Yaffe and Alp Turan, Senior Associate, Associate and Trainee respectively at Gün + Partners in Istanbul, discuss the relevant… »

Turkey: Arbitration in Focus

Beril Yayla Sapan and Neslisah Borandı of Gün + Partners examine the Turkish International Arbitration environment. November 20, 2014 saw the long-awaited Law on the Istanbul Arbitration Centre passed in Turkey, coming into force in early 2015. The law forms part of the government’s over arching plan to support the economy through financial reforms – all with the aim of promoting Turkey as an attractive international financial centre. The new law establishes the Istanbul… »

TPI Issues Landmark Decision on Effect of Earlier Marks in Pending Opposition Proceedings

If a party had followed such a strategy before a recent decision issued by the Re-Examination and Evaluation Board of the TPI, the opposition against the new application would most probably have been rejected by the TPI on the ground that the application was based on a valid earlier registration and that the TPI does not have any legal obligation to wait for the finalisation of a court action. Further to such decision, the party would probably have waited for the registration… »

Insurance&Reinsurance 2015, Turkey Chapter

Articles -

1 Regulatory 1.1 Which government bodies/agencies regulate insurance (and reinsurance) companies? The insurance regulatory agency in Turkey is the Insurance Undersecretariat of the Treasury (the “Undersecretariat”). As it is positioned under the Prime Ministry, it is not an independent body. 1.2 What are the requirements/procedures for setting up a new insurance (or reinsurance) company? An insurance company in Turkey can only operate in the form of a joint-stock company or… »

IP Court Interprets Scope of Bolar Exemption

A global pharmaceutical company filed a patent infringement action against a local generic pharmaceutical company on the grounds that the generic company had been granted an abridged marketing authorisation referring to the original pharmaceutical’s dossier. The generic company also applied for inclusion on the Social Security Institution (SSI) reimbursement list. The originator company claimed that its original pharmaceutical was protected via a patent, and thus there was a… »

The Entry Strategy and Key Issues to Consider When Establishing Operations in Turkey

Articles -

Foreign investment has been considered as an important driving force of stable economic growth in the last few decades in Turkey. Especially in the last ten years, we have seen a considerable increase in the foreign investment in Turkey through large or medium sized M&A deals, joint ventures of Turkish and foreign investors and start-up foreign investments in all sizes and in various sectors. Although total foreign direct investment inflows to Turkey prior to 2003 were… »

Turkey: 2014 Changes to Turkish Internet Law

With approximately 40 million broadband internet subscribers, the increasing prevalence of smart devices and the significantly high young population in Turkey; intensive use of the Internet, social media and e-commerce is rising each day. The increase of Internet usage through new technologies in both social life and commercial life also introduces discussions on the scope of freedom of speech, protection of private life, freedom of communication rights and a secure… »

Graft probe and OECD Foreign Bribery Report

Articles -

Introduction International Anti-corruption Day, on December 9 each year, aims to raise awareness of corruption and its destructive impact on society. In 2014 it was celebrated with the publication of the first-ever Foreign Bribery Report by the Organisation for Economic Cooperation and Development (OECD). The report is an important international initiative in the fight against corruption. It examines 427 bribery cases concluded in member countries in the 15 years since the… »

Turkish Delights? Choosing the Most Effective Corporate Structure for Investing in the Turkish Market

Articles -

When investing in the Turkish market investors should consider the legal procedures for terminating their business activities in advance, should a clean exit be required. A straightforward winding-up procedure will take at least a year. If the company’s assets do not cover the debts, the shareholders and the managers will be personally liable from their own assets. The Tax Procedure Law introduces an aggravated liability regime for LLC shareholders and holds them liable in… »

Constitutional Court: IP Rights to be Regulated by Law

The director of the Turkish Patent Institute recently gave a speech on the draft Patent Law, which amends certain clauses of the existing Patent Decree-Law. He stated that the aim of the draft patent law is to enable Turkey to develop its own pharmaceutical patents, to reduce dependence on imports and to harmonise national law with international agreements. While the draft Patent Law is still pending on Parliament’s agenda, the Constitutional Court recently handed down a… »

Stay Informed

Subscribe to stay up to date on the latest legal insights and events of your choice.