Özgün Law Firm

Özgün Law Firm

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THE HARMONIZATION PROCESS AWAITING TECHNOLOGY COMPANIES: THE EUROPEAN UNION DIGITAL SERVICES ACT (DSA) AND THE DIGITAL MARKETS ACT (DMA)

Developments in science and technology have led to the proliferation of digital platforms all over the world. With the increasing number of users benefiting from digital services, ensuring the security of users, controlling the market power of players in digital markets, and providing a legal basis for competition between actors gain great importance.

WHO OWNS THE PHOTOGRAPHS PRODUCED BY ARTIFICIAL INTELLIGENCE? WHAT IS THE RIGHT OF USE?

Artificial intelligence has become an area of interest for people from all walks of life with the increase of science fiction movies and technological developments. Artificial intelligence, which used to be used only for military purposes in the past, has become an integral part of life as it has started to be used even in the television at homes.

CAN CREDIT SUISSE AT1 BONDHOLDERS RESORT TO INVESTMENT ARBITRATION FOR THEIR LOSSES?

In March 2023, after the Swiss bank Credit Suisse published its financial report for 2022 and announced a loss of 7.3 billion Swiss francs and Saudi National Bank, which bought 9.9% of the bank's shares for 1.4 billion Swiss francs in 2022, announced that it would not make new investments in the bank, Credit Suisse's shares fell 40% in a week and the bank entered an economic crisis.

HOW IS NFT TECHNOLOGY POSITIONED UNDER TURKISH LAW?

NFTs are bought virtually in high quantities thanks to the blockchain technology that is becoming more popular each passing day, which makes them highly popular and on huge demand. It brings along such questions as what the legal extent of this brand new technological concept is, and whether it can be positioned under the Turkish law, or not.

MATTER OF BEING A PART OF AN INVESTMENT

There are many reasons underlying the increasing attractiveness of investment arbitration which protects foreign investors and their investments by investment treaties. This increasing attractiveness also makes an observable appearance in the globalized banking and financial sector.

REAL ESTATE ACQUISITION BY FOREIGN COMPANIES AND FOREIGN CAPITAL COMPANIES

It is necessary to examine foreign legal entities by dividing them into partnerships, associations and foundations while determining the qualification of foreignness. Although partnerships are legal entities established to share profits, associations and foundations do not have a profit sharing purpose.

ABOUT THE OBLIGATION OF COMPANIES, NOT ESTABLISHED IN TURKEY, TO REPORT A PERSONAL DATA BREACH TO THE TURKISH AUTHORITY

We know that there have been serious personal data breaches recently. Unfortunately, very serious personal data breaches continue to occur in Turkey. Finally, it was reported to the Personal Data Protection Board (the Competent Authority on Personal Data in Turkey, “the Board”) that a food and grocery products supplier company, operating across, Turkey was the data controller, and that the personal data of more than 22 million people were captured illegally.

WHAT DOES THE NEW REGULATION ON PAYMENT SERVICES AND ELECTRONIC MONEY PROVIDE?

The Regulation on Payment Services and Issuing Electronic Money and Payment Service Providers, and the Communiqué on the Management and Supervision of the IT Systems of Payment and Electronic Money Institutions and the Data Sharing Services of Payment Service Providers in Payment Services Area entered into effect after having been promulgated on the Official Journal dated December 1, 2021 and bearing the issue number 31676.

EVICTION DUE TO NECESSITY UNDER RESIDENTIAL RENTAL AGREEMENTS

Rental agreement is one of the most commonly-executed types of agreement in daily lives. Such type of agreement can be executed rapidly due to its nature, which makes it one of the most commonly-encountered disputes in settlement of disputes.

THE WORLD'S MOST COMPREHENSIVE TRADE AGREEMENT RCEP

The agreement, executed on 15th November 2020, will enter into full effect after it is ratified by each party in accordance with their respective domestic laws.

PATENT, DESIGN AND UTILITY MODEL REGISTRATION UNDER TURKISH LAW

Intellectual property (IP) refers to creations of the mind such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

ENFORCEMENT OF FOREIGN JUDGMENTS IN CASE OF INTELLECTUAL PROPERTY LAW

The court decisions issued by any foreign state court shall be effective in another country as final judgment and final evidence after it goes through a process of the recognition and enforcement decisions.