Arbitrability of Corporate Law Disputes
In Turkish law, there are two pieces of legislation that deals with arbitrability17/09/2019
Turkey
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Competent Courts in Arbitration-Related Matters in Light of the Current Legislative Amendments
The functions of state courts with regard to arbitration-related matters vary on a wide spectrum, from the collection of evidence through state courts, which would support the functions of the arbitral tribunal, to functions aimed at supervision of arbitration proceedings, such as set-aside actions20/09/2018 H Ercüment Erdem, Erdem & Erdem Law Office, Turkey
Recent amendments to the share transfer and change of control transactions in Turkish electricity market
The Electricity Market Regulation Authority (“EMRA”) introduced several amendments to the Electricity Market Licensing Regulation1 (the “Regulation”) with the regulation published in the Official Gazette on 15 December 2017 (the “Amending Regulation”)The Standard of Proof in Concerted Practices Redefined - Turkish Competition Authority's USD 4.5 Million Fine Annulled by the Administrative Court
The Turkish Competition Authority ("TCA") had found that six cement producers operating in the Aegean Region of Turkey entered into a concerted practice to allocate certain geographical regions amongst themselves and to collectively raise the prices of cement products during the time period starting...06/03/2018 Bahadir Balki, ACTECON, Turkey
Recent Developments in Turkish Competition Law
Monitoring legislations, practices, policies and measures of other countries concerning agreements and decisions limiting competition23/01/2018 Gönenç Gürkaynak, ELIG Gürkaynak Attorneys-at-Law, Turkey
Turkish Covered Bonds in a Nutshell
What is a covered bond? Covered bonds are corporate debt instruments secured or “covered” by cash flows mainly from mortgages or loans18/09/2017 Ömer Çollak, Paksoy, Turkey
Turkish Banking System Getting Stronger
Although the political climax in Turkey over the last 1 year caused reluctance in foreign investments, the Turkish financial sector is on the rise due to outstanding breakthrough of the financial indicators despite the volatility in the Turkish currency in the first quarter of 201718/09/2017 Eda Beltan, Pekin & Pekin, Turkey Asli Pabuççuoglu, Pekin & Pekin, Turkey
Parallel Import and Repackaging of Pharmaceutical Products in Turkey
While the European Union has long determined its approach to trademark issues for parallel imports and repackaging of pharmaceuticals, Turkish courts and legislation lack a unified and established practice on the issue03/07/2017 Gökçe Izgi, Moroglu Arseven, Turkey Merve Altinay, Moroglu Arseven, Turkey
Turkey’s Social Security Institute to Take Over Named Patient Pharmaceutical Imports from Pharmacists Association in May 2017
The Turkish Ministry of Health (“Ministry”) and Social Security Institute (“Institute”) announced that according to a new cost savings action plan, pharmaceuticals imported under named-patient sales will occur through the Institute, rather that the Turkish Pharmacists Association (“Association”)...15/02/2017 Gökçe Izgi, Moroglu Arseven, Turkey
Parallel Import and Repackaging of Pharmaceutical Products in Turkey
While the European Union has long determined its approach to trademark issues for parallel imports and repackaging of pharmaceuticals, Turkish courts and legislation lack a unified and established practice on the issue. In fact, the current regulatory regime in Turkey prevents parallel import and...03/01/2017 Gökçe Izgi, Moroglu Arseven, Turkey
Istanbul Arbitration Center (ISTAC) Rules of Arbitration
The Istanbul Arbitration Center ("ISTAC") was established in line with the objectives to form an independent and autonomous institutional arbitration center that is capable of competing internationally14/10/2016 H Ercüment Erdem, Erdem & Erdem Law Office, Turkey
Importing Pharmaceuticals to the Turkish Market
Given the potential risks posed to public health, the pharmaceutical sector is one of the most strictly regulated sectors in many countries, including Turkey12/10/2016 Gökçe Izgi, Moroglu Arseven, Turkey
Online Sale of OTC Pharmaceutical Products in Turkey
Online sale of over the counter (“OTC”) pharmaceutical products is banned in Turkey because the legislative framework deems not specifically address this market segment21/07/2016 Gökçe Izgi, Moroglu Arseven, Turkey Merve Altinay, Moroglu Arseven, Turkey
Renewable Energy Regulations, Incentives and Licensing in Turkey
Turkey has set solid renewable energy targets for 2023, the nation’s 100th anniversaryDrafting Arbitration Agreements
Arbitration agreements are the essential basis of international arbitration. A successful arbitration starts with a successful arbitration agreement. Unsuccessfully drafted arbitration agreements can face enforcement difficulties, high and unnecessary costs, and delays. IBA Guidelines for Drafting...
30/09/2015 H Ercüment Erdem, Erdem & Erdem Law Office, Turkey
Are Second Medical Use Claims Medical Treatment Methods? Evaluation of a recent Turkish IP Court Decision
Turkey has been a member of European Patent Convention ("EPC") since 1 November 2000. European Patents, granted by European Patent Office, are validated in Turkey without further examination and protected as a national patent.
The competence of EPO in patentability assessment is also respected by...
01/09/2015 Selin Sinem Erciyas, Gün + Partners, 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...
01/01/2015 Ugur Aktekin, Gün + Partners, Turkey Begüm Yavuzdogan Okumus, Gün + Partners, Turkey
Overview of the Turkish economy from an investors' perspective
Turkey has been one of the global hot points in attracting foreign investment through the last decade. The FDI to Turkey accounts for approximately US$ 12 billion / year, while the reported activity in the M&A market has been in the range of US$ 15-20 billion as an average of these recent years....
Analysis of the legal remedies in combating trademark infringement
After a series of legislative efforts in the mid and late 1990 is, all of Turkey's IP related laws and regulations, including the Decree Law No. 556 Pertaining to the Protection of Trademarks have become compliant in almost all aspects with EU legislation. In addition to such major amendments in the...
01/06/2014 Ugur Aktekin, Gün + Partners, Turkey Hande Hançar Çelik, Gün + Partners, Turkey
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