Türkiye Legal Update - October 2020
COVID-19’s Impact on Compliance Issues and Internal & External Investigations
Companies are standing against newly emerging fraud risks due to COVID-19, and the pandemic had significant impacts on corporate compliance processes and internal & external investigations, which are presumed to extend to the next year.
Turkish Data Localization Rules in Effect for Social Media Companies
Social network providers are required to store user data within Turkey. Although the scope of this obligation has not yet been clarified, broad interpretation and the authority of ICTA must be noted.
Court of Cassation's Latest Approach to Actions for Unquantified Amounts of Receivables
Supreme Court’s General Assembly recently ruled that, where the disputed amount is determinable, courts should not immediately reject the unquantified actions, but proceed with the trial as a partial action, if possible.
Turkish Court of Appeal Considers Mandatory Mediation Requirement in Disputes Containing Both Monetary and Nonmonetary Claims
A recent decision of the Turkish Court of Appeal ruling that mandatory mediation is not a requirement if monetary and non-monetary claims are filed together, will guide future implementation of mandatory mediation in IP cases.
