TURUNÇ authored the Turkey chapter of Lexology Getting the Deal Through’s Private Equity (Transactions) (2019) title. The contributing lawyers were Noyan Turunç and Kerem Turunç. The publication is a comparative guide of the legislation relating to private equity transactions in 23 jurisdictions. The contributing editor is Bill Curbow of Simpson Thacher & Barlett LLP. The guide is...

TURUNÇ was ranked by The Legal 500 in the guide’s EMEA 2019 edition, which researches law firms by country and practice area in the EMEA region. The Firm was ranked in six practice areas: Banking, Finance and Capital Markets; Commercial, Corporate and M&A; Competition; Dispute Resolution; Intellectual Property; and IT and Telecoms — a testament...

TURUNÇ has represented The Export-Import Bank of Korea (Korea Eximbank) on its equity investment into Howon Otomotiv. Korea Eximbank is the official export credit agency of South Korea. In addition to providing export credit and guarantees to support Korean companies’ operations overseas, it also makes direct equity investments. Howon Otomotiv is the Turkish subsidiary of...

TURUNÇ has advised Egesil Kimya, a specialty chemicals manufacturer, on a EUR 15 million loan from the EBRD. The loan will be used to increase Egesil’s production of precipitated silica, which functions, among other things, as a reinforcing filler for tires. Egesil is a joint venture between Ege Kimya, a leading Turkish chemicals producer, and...

Through a Presidential Decree issued in September, Turkey has imposed significant restrictions, known as the “FX ban”, on the ability of parties to enter into certain types of foreign currency-denominated and indexed contracts. Pursuant to the authority it was granted in the Decree to promulgate exemptions to the restrictions, the Turkish Ministry of Treasury and...

Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No: 2008-32/34)’de Değişiklik Yapılmasına Dair Tebliğ (Tebliğ No: 2018-32/52) (“İkinci İstisnalar Tebliği”) Hazine ve Maliye Bakanlığı tarafından düzenlenip 16 Kasım 2018 tarihli Resmî Gazete’de yayımlanmış ve yayımı tarihinde yürürlüğe girmiştir. Hatırlanacağı üzere, 6 Ekim 2018’de 2018-32/51 No.lu ve aynı konulu bir tebliğ (“Birinci İstisnalar...

Türk Parası Kıymetini Koruma Hakkında 32 Sayılı Karara İlişkin Tebliğ (Tebliğ No: 2008-32/34)’de Değişiklik Yapılmasına Dair Tebliğ (Tebliğ No: 2018-32/51) (“İstisnalar Tebliği”) Hazine ve Maliye Bakanlığı tarafından düzenlenip 6 Ekim 2018 tarihli Resmî Gazete’de yayımlanmış ve yayımı tarihinde yürürlüğe girmiştir. İstisnalar Tebliği, 13 Eylül 2018’de Resmî Gazete’de yayımlanıp aynı tarihte yürürlüğe giren 85 sayılı Cumhurbaşkanlığı...

TURUNÇ authored the Turkey chapter of Lexology Getting the Deal Through’s inaugural Public M&A  title. The contributing lawyers were Noyan Turunç and Kerem Turunç. The publication is a comparative guide of the regulation of mergers and acquisitions transactions relating to publicly traded companies in 38 jurisdictions. The contributing editor is Alan M. Klein of Simpson Thacher...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s Project Finance (2018) title. The contributing lawyers were Esin Çamlıbel, Grace Maral Burnett and Gizem Günel. The publication is a comparative guide of the regulation of project finance transactions in 26 jurisdictions. The contributing editors are Phillip Fletcher and Aled Davies of Milbank, Tweed, Hadley &...