Application of Law No. 805 in Agreements Involving a Foreign Party

In a dispute arising from an agreement executed in a language other than Turkish, particularly in cases where one of the parties is non-Turkish, there is a risk of Turkish courts assessing such agreement’s validity under Law No. 805 on the Mandatory Use of Turkish in Commercial Enterprises.

How to Choose the Right FIDIC Contract

The standard contracts constituted by FIDIC based on the organisation’s years of experience are frequently used in international projects, as they bring uniformity to technical, operational and legal matters.

An Alternative Financing Tool: Convertible Bonds

Given the current macroeconomic outlook and the solid impacts of COVID-19 on the Turkish market, it has become much harder for Turkish companies to satisfy their financing needs by accessing conventional financing sources with lower interest rates. Convertible bonds may be considered as an attractive financing instrument for these companies and become an alternative path to raise capital.

Inspection of Employees’ Corporate E-Mail Correspondence

The employer’s right to inspect employees’ communication made through their corporate e-mail account is a much-debated issue. The Cassation Court of Turkey has not defined this inspection’s boundaries yet. The Constitutional Court of Turkey, which had already examined this issue in two of its decisions, reinforced its ever-evolving precedent, with its latest decision.

Sector Inquiry Preliminary Report on FMCG Retail Published

The Turkish Competition Authority published its preliminary report introducing the results of its inquiry regarding the fast-moving consumer goods retail sector.

UK Trade Relations: Free Trade Agreement between UK and Turkey

Turkey and the United Kingdom have been negotiating a Free trade agreement in their efforts to sustain the current bilateral market access structure following the end of the Brexit transition period.

Kolcuoglu Demirkan Kocakli Attorneys at Law Announces a New Partner

Kolcuoglu Demirkan Kocakli Attorneys at Law are very pleased and feel proud to announce the partnership of Melis Oget Koc.

Webinar on International and Turkish Perspectives on Third Party Funding

Please join Kolcuoglu Demirkan Kocakli Attorneys at Law for a webinar tomorrow, 22nd January 2021 exploring international and Turkish perspectives on third party funding. The webinar will feature presentations from Duncan Speller and Jonathan Lim of WilmerHale, Sumru Akter of Omni Bridgeway and Tuvan Yalım of Kabine. Okan Demirkan of KDK will moderate the session. The topics of presentations are: Recent developments in the legal framework for third party funding: Growth and opportunities Counsel’s perspectives on obtaining third party funding and working with third party funders Securing…

Akkuyu Nuclear Power Plant

Akkuyu Nuclear Power Plant in Mersin is expected to become a major energy resource for Turkey.

Draft “De Minimis” Communiqué Published for Public Consultation

On 23 October 2020, the Turkish Competition Authority published the Draft Communiqué on Agreements, Concerted Practices and Association of Undertakings’ Decisions that do not Significantly Restrict Competition (the “Draft Communiqué”), for public consultation.

Quarterly Competition Law Bulletin by KDK Law Firm – 2020 Third Quarter

As we left behind the third quarter of 2020, KDK Law Firm is publishing a bulletin on recent competition law developments in Turkey and the Turkish Competition Board’s notable decisions released in this period.

After Two-Year Transition Period: Foreign Currency Payments in Workplace Lease Contracts

In its announcement dated 12 October 2020, the Ministry of Treasury and Finance clarified certain matters to be implemented regarding residence and roofed workplace lease contracts, following the Transition Period’s expiry.