News


Amendments on Communique on General Implementation of VAT “Communique on Amendments on the Communique on General Implementation of Value Added Tax” was published on the Official Gazette dated 23 March 2019.
Personal Data Protection Board rules an administrative penalty against the data controller transferring the health data to a third party without complying with one of the conditions of processing set forth in the article 6 of the Law Personal Data Protection Board rules an administrative penalty against the data controller transferring the health data to a third party without compl
Banking Regulation and Supervision Agency grants some exceptions to the banks for the conditions of opening overseas branches and establishing partnerships The amendment made by the Agency on the Regulation on Transactions Subject to Permission and Indirect Share Ownership was published on the Official Ga
ECHR Dismisses Application for Hasankeyf The European Court of Human Rights (ECHR) dismissed the application concerning that the construction of the Ilısu Dam in Hasankeyf, Batman threatened
SUPREME COURTS DECISION IN FAVOR OF THE EMPLOYEE DISMISSED DUE TO THE DISCLOSURE OF SALARY INCREASE RATES A computer specialist, who complained the injustice of salaries at his workplace, allegedly shared the document including the salary increase rates of
AMENDMENT GRANTING A RIGHT FOR EXCEPTIONAL CITIZENSHIP IN EXCHANGE FOR REAL ESTATE PURCHASE THROUGH PRELIMINARY SALES CONTRACT IN FORCE NOW! Foreign citizens are free to purchase a house anywhere in Turkey on condition that it is not located in a military zone.
WESTWATER FILES INTERNATIONAL ARBITRATION REQUEST AGAINST REPUBLIC OF TURKEY The U.S. energy materials development company Westwater Resources, Inc. (Westwater) has filed a request for arbitration against the Republic of Turkey
INTERNATIONAL CIRCULATION OF DOCUMENTS THROUGH E-APOSTILLE AS OF 1 JANUARY 2019 Apostille is a form of authentication issued to documents in order to be used in other country according to the Hague Convention signed in Den Haag on
RECENT NEWS IN INVESTMENT ARBITRATION CLAIMS FILED BY TURKISH CONTRACTORS UNDER THE TURKEY-LIBYA BILATERAL INVESTMENT TREATY There are several investors who had same problems, terminated their investment activities and returned to Turkey due to the adverse events occurred in
KEY FEATURES OF THE ISTANBUL ARBITRATION CENTRE ARBITRATION RULES The Istanbul Arbitration Centre (ISTAC) is an institution established to provide institutional arbitration services.
CRIMINAL AND CIVIL LIABILITY OF EXPERT WITNESSES ACCORDING TO TURKISH LAW The courts decides to receive experts witnesses opinions and votes for, apart from law matters, special or technical information with request of one o
A SHORT BRIEF OF THE ICSID “International Centre for Settlement of Investment Disputes” (ICSID or the Center) is an independent, depoliticized and effective dispute-settlement i
POTENTIAL RISKS ASSOCIATED WITH THE NON-USE OF A REGISTERED TRADEMARK A trademark right provides many advantages for an author that can be protected against infringers.
INDUSTRIAL PROPERTY LAW AND AMENDMENTS ON TRADEMARK Turkish Industrial Property Law regulates trademark right, patent right, industrial design, topography, rights of new varieties of plants and geograph
CONCORDAT OVER SUSPENSION OF BANKRUPTCY The Law Amending the Code of Execution and Bankruptcy and Certain Laws numbered 7101 was published on the date of 15 March 2018.
ISTAC ARBITRATION IS AN ALTERNATIVE FOR PUBLIC PROCUREMENT AGREEMENT DISPUTES The Turkish Public Procurement Authority recently amended the Regulations on the Implementation of Public Procurements effective as of 19 January 2018
PROTECTION OF THE VALUE OF TURKISH CURRENCY LAW AMENDED NO MORE USD BASED TRADE IN SOME FIELDS On September 2018, the Law on the Protection of the Value of Turkish Currency was amended and published on the Official Gazette.
OBLIGATION TO REGISTER FOR VERBIS (DATA CONTROLLER REGISTER SYSTEM) ACCORDING TO THE LAW ON THE PROTECTION OF PERSONAL DATA AND RELATED REGULATION As per the regulation issued pursuant to the Law on the Protection of Personal Data, VERBIS (Data Controller Register System) has been opened for use
THE NEW REGULATION CHANGE IN REGULATION ON THE IMPLEMENTATION OF TURKISH CITIZENSHIP LAW On September 2018, the article 20of the Regulation on the Implementation of Turkish Citizenship Law was amended.
Its Not "Evil" If We Do It - Google Accused in Trade-Secret Theft Lawsuit In a striking new case accusing the search-engine giant of racketeering, Google, Inc., alongside its cofounders Sergey Brin and Larry Page, has been c
British drivers to defend employment rights at Uber tribunal Two drivers were set to defend a British tribunal decision giving them workers’ rights at Uber [UBER.UL] on Thursday, the latest threat to the taxi ap
Turkmenistan "Two Recent Decisions on Jurisdiction Prove that the BIT Matters" In Kilic Insaat Ithalat Ihracat Sanayi ve Ticaret Anonim Sirketi v Turkmenistan (ICSID Case No. ARB/10/1) the tribunal decided that it does not have j
Decree of the Council of Ministers Regarding the Redetermination of Some Ratios in Stamp Tax, Vat and Special Consumption Tax Published Important amendments made through the Decree of the Council of Ministers No. 2017/9759 published in Official Gazette dated 3.2.2017 are as follows;
Samsung chief staves off arrest, prosecutor keeps chasing A South Korean court on Thursday dismissed an arrest warrant against the head of Samsung Group [SAGR.UL], the country's largest conglomerate, amid a g
Lawsuit Demands Apple Holds All iPhone Sales Over Texting While Driving Feature Apple is facing a potential class action lawsuit for not implementing a technology that would prevent people from texting while driving.
Turkish Citizenship to Foreign Investors “Regulation Amending the Regulation on Implementing Turkish Citizenship Law” has published in Official Gazette dated 12.01.2017 and entered into forc
Ex-Barclays trader pleads guilty in U.S. in forex probe A former Barclays Plc (BARC.L) trader pleaded guilty on Wednesday to U.S. charges arising from a global investigation into the manipulation of foreign
Istanbul Arbitration Centre Opens its Doors A new arbitration institution opened its doors and has already started to register its cases in Istanbul.
Here Is Every Aircraft Carrier in the World From Brazil to the U.S.A., a guide to air power at sea.
Austrian court refers Facebook privacy case to European court An attempt by Austrian privacy activist Max Schrems to have a data protection case against Facebook (FB.O) heard as a class action suit moved a step a
Erdogans Checkmate CIA-Backed Coup In Turkey Fails, Upsets Global Chessboard For Washington, Erdogan has proven to an unreliable ally at best, and a dangerous political manipulator at worst. So, as with so many leaders who came
Uber takes legal action over new rules in London Uber has launched legal action against new rules in London such as written English tests for its drivers, in the latest battle between regulators and
Recent Developments in Investor-State Dispute Settlement (ISDS) In 2012, 58 new cases were initiated, which constitutes the highest number of known treaty-based disputes ever filed in one year and confirms that for
French finance minister rules out Google tax deal, more firms could be targeted France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald
Turkey, the host of the first-ever World Humanitarian Summit The current international humanitarian system can no longer adequately address today’s humanitarian crises.
German Company Under Investigation For Bribery In Turkish Submarine Deal State Prosecutors of the city state Bremen have opened a second front in their case against Atlas Elektronik.
IAI introduces new Sky Sniper air-launched precision guided missile The Israel-based company Israel Aerospace Industries (IAI) recently unveiled a new concept using ground-based ballistic missiles as air-launched weapo
Supreme Court Hears FDCPA Case The issue in Sheriff v. Gillie is whether private attorneys appointed by the state to collect debts owed to the state are “officers” or employees of t
Turkish National Arrested for Conspiring to Evade U.S. Sanctions Against Iran, Money Laundering and Bank Fraud Charges Unsealed against Three Defendants Who Allegedly Engaged in Hundreds of Millions of Dollars of Transactions on Behalf of the Government of Iran
Debt Enforcement around the World Insolvency practitioners from 88 countries describe how debt enforcement will proceed against an identical hotel about to default on its debts.