Insights
New Minimum Capital Requirements in Turkey: Impact on Joint Stock and LLCs
With the Presidential Decree numbered 7887 and published in the Official Gazette dated 25 November 2023 and numbered 32380, it has been decided to increase the minimum capital amount for joint stock and limited liability companies by 5 times. According to this regulation, as of 1 January 2024, the new minimum capital amounts will be as follows: Minimum Capital Amount According to the Previous Legislation Minimum Capital Amount According to the New… »
Practical Guideline on Immediate Actions for Foreign Companies Facing Commercial Litigation in Turkey
Introduction Given the complex, competitive and contested course of commercial life, the odds are most businesses will face, at one stage or another, a commercial dispute raised by a business partner (eg, a customer, distributor or supplier etc,). Some of these disputes can be resolved peacefully and amicably, but others may escalate to the court level. The latter can be particularly difficult to manage for global companies operating in multiple states, as cross border claims… »
Is Alternative Dispute Resolution Effective Enough for “.tr” Domain Names?
This article discusses the alternative dispute resolution mechanism for ".tr" domain names in Türkiye. It highlights the efficiency of the alternative dispute resolution mechanism and addresses some concerns over the transparency of proceedings. TRABIS (".tr" Network Information System), established by the Turkish Information and Communication Technologies Authority ("BTK"), became operational on September 14, 2022 and undertook the management of ".tr" domain names. Upon… »
Turkish Court of Cassation’s Comparison of Goods in Different Subclasses
During 2022, the 11th Civil Chamber of the Turkish Court of Cassation (the CoC) issued several decisions regarding trade marks covering goods in class 5. The CoC formed its evaluation on the likelihood of confusion by comparing the subclasses of class 5. The details of the decisions are provided below: Aster v Paster A cancellation action was filed against the Office’s decision rejecting the opposition filed against the trade mark PASTER in class 5 relying upon the… »
Minority Shareholders' Rights in Joint Stock Companies
In order to prevent the majority shareholders, who hold the superiority of capital and voting in the management of joint stock companies, from executing unfair and unjust acts against the minority shareholders and violating the rights of the minority shareholders, the legislator has granted some special rights to the minority shareholders and allowed them to protect their interests against the decisions taken with the influence of the majority. Thus, the balance of interests… »
Treatises
Guides
Guideline on Scientific Meetings on Medical Devices Updated
On 22 August 2023, the Turkish Medicines and Medical Devices Agency (Agency) announced an updated Guideline on Scientific Meetings and Educational Activities to be Held in Accordance with the Regulation on Sales, Advertising and Promotion of Medical Devices (Turkish language) (Guideline) on its official website. The Guideline replaced the previous version dated 15 November 2022. The Guideline was updated shortly after the revision made to the Regulation on Sales, Advertising… »
Turkey - Cookies & Similar Technologies
Begüm Yavuzdoğan Okumuş, Yalçın Umut Talay and Seda Öztürk have contributed to Data Guidance Turkey - Cookies & Similar Technologies, which is published by OneTrust. OneTrus Data Guidance Turkey - Cookies & Similar Technologies provides comprehensive guidance on the legal framework, regulatory authority guidance, definitions, consent management, and cookie information requirements concerning the use of cookies and similar technologies in Turkey. The guidance stresses… »
Turkey - Data Transfers
Begüm Yavuzdoğan Okumuş has contributed to Data Guidance Turkey - Data Transfers, which is published by OneTrust. OneTrus Data Guidance Turkey - Data Transfers provides an overview of the legal framework governing personal data protection in Turkey, focusing on legislation, case law, definitions, scope of application, and restrictions on data transfer. The document highlights the evolving regulatory landscape in Turkey, emphasizing the importance of compliance with data… »
New Euro Fx Rate For Drug Prices
On 23 July 2023, Presidential Decree numbered 7399 (Turkish language), amending the Decision on Pricing of Medicinal Products for Human Use (Decision), was published in the Official Gazette numbered 32257. Accordingly, the EUR1 value in Turkish Lira, to be used in the pricing of medicinal products for human use (formerly TRY10.7577) was increased by 30.5% and set as TRY14.0387. If the rate of increase in the product-specific price is higher than the rate of increase in the… »
Payment Calculation Method For Journalist Severance Has Changed
Introduction Law No. 5953 on Arrangement of Relations Between Employers and Employees in the Field of Press (Press Labour Law) sets out the terms and conditions of employment of journalists. Article 6 of the Press Labour Law regulates journalists' entitlement to severance payment and termination of their employment contracts by employers. According to the former wording of the referred article, journalists with at least five years of professional service were entitled to… »
News and Events
Görkem Bilgin and Yalçın Umut Talay Shared Their Experiences at TOBB University of Economics and Technology
Görkem Bilgin and Yalçın Umut Talay attended a lecture on "Mergers & Acquisitions" in the "Commercial Law" module within the Cooperative Education Program at TOBB University of Economics and Technology and shared their practical knowledge and experience.
Hande Hançar Is Giving "IP Law" Courses at TOBB University of Economics & Technology
Hande Hançar, partner in our IP practice, is giving "IP Law" courses at TOBB University of Economics & Technology, Faculty of Law as a visiting lecturer during 2020-2021 academic year.
Hande Hançar Moderated Global Advertising Lawyers Alliance Webinar
Hande Hançar, partner in our TMT practice, moderated the "Misleading Health Claims & COVID-19" webinar organized by the Global Advertising Lawyers Alliance on Wednesday, Nov 18 at 13:00 - 14:00 (GMT-5) [21:00 - 22:00 (GMT+3, Istanbul time)]. Kristen Klesh from Venable LLP (USA), Irena Lisková from Randl Partners (Czech Republic), Renata Fialho de Oliveira from Veirano Advogados (Brazil), and Sharad Vadehra from Kan & Krishme (India) were the speakers.…
Gün + Partners Received the WWL Award
We are honoured our firm has been awarded the "Who’s Who Legal Country Firm of the Year Award for Turkey" for the 4th consecutive years in 2020. Who’s Who Legal says: "Following thousands of interviews conducted and nominations received, our research has emphatically identified you as standing apart from all other firms in the country this year. The accolade is therefore richly deserved." https://whoswholegal.com/awards/2020-country-and-state-awards
Uğur Aktekin Spoke at the IBA (International Bar Association) 2020 - Virtually Together Conference
Uğur Aktekin, co-chair of our intellectual property practice, spoke at the "Around the tables: a taste of hot topics in the Intellectual Property, Communications and Technology Section" session of IBA (International Bar Association) 2020 - Virtually Together Conference on NOV 2, 16:00-18:00 GMT. https://www.int-bar.org/Conferences/1094/ProgrammeSearch/Results/Detail.cfm?FunctionGuid=14062845-C7AB-4BFA-8ABB-3BD6D71E1C42&Search=SearchAllFunctions
We Welcomed Our New Formal Trainees at the New Term Opening
In our new term opening meeting, we were together even though we were far away. On this occasion, we welcomed our new formal trainees who have recently joined us.
Mehmet Gün and Uğur Aktekin Have Been Recognized in the WTR Global Leaders Guide 2020
Mehmet Gün, our founding partner, and Uğur Aktekin, co-chair of our intellectual property practice area, have been recognized in the WTR Global Leaders Guide 2020. WTR Global Leaders evaluates law firm and corporate trademark experts according to their expertise and experience in relation to creating, protecting, managing and enforcing essential brand rights, and also their ability to innovate, inspire and go above and beyond to deliver for their clients.…
TÜSİAD SD² Digital Industry Program 2020 Calls Has Been Published
TÜSİAD (The Scientific and Technological Research Council of Turkey) SD² Digital Industry Program calls, which is Turkey’s first comprehensive and local program on digital transformation in industry and which is intended to create an ecosystem bringing the technology user and provider companies together, has been published. As Gün + Partners which has made the corporate law firm management software GÜNCE available for lawyers’ use and which has recently entered into a…
Özlem Divandiler, Our Finance Director, Has Been Chosen as a Mentor for the TÜBİTAK “BIGG+ Mentor” Program
Özlem Divandiler, our finance director, has been chosen as a mentor by TÜBİTAK (The Scientific and Technological Research Council of Turkey) for the “BIGG+ Mentor” Program which has been put into practice with the aim of supporting the entrepreneurship ecosystem in Turkey, contributing to the growth of start-ups and increasing the number of investible start-ups. We congratulate her for offering volunteer mentoring services and for being one of the mentors chosen by TÜBİTAK…
We organized the First Online Customs Training in Turkey
We organized the first online Customs Training in Turkey and performed the presentations for our clients. 200 Customs officers attended the online training and thanks to Turkish Customs General Directorate for the organization.
IAM Patent 1000 - The World's Leading Patent Professionals 2020 Rankings Announced
We are pleased to announce that we have been named as the top tier firm and our 7 practitioners are recognized as the leading individuals in the IAM Patent 1000 - The World's Leading Patent Professionals 2020. The IAM Patent 1000 delivers the most in-depth coverage of the market yet undertaken, pinpointing the best of the best in prosecution, litigation and licensing.
Euromoney's MIP IP STARS 2020 Rankings Announced
We are proud to be listed as top tier firm and our 4 lawyers are recognized as IP Stars by Euromoney's MIP IP STARS 2020 rankings which is the leading resource for who is looking for the best legal practitioners for contentious and non-contentious IP advice since 1990.