15 Dec 2018
TURUNÇ has advised venture capital fund Vela Partners on its investment in Firefly. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. Firefly installs digital billboards on top of Uber and Lyft cars,...
19 Nov 2018
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...
16 Nov 2018
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...
06 Oct 2018
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...
17 Aug 2018
TURUNÇ authored the Turkey chapter of Lexology Getting the Deal Through’s Automotive (2018) title. The contributing lawyers were Esin Çamlıbel, Beste Yıldızili and Naz Esen. The publication is a comparative guide of the legislation relating to the regulation of the automotive industry in 18 jurisdictions. The contributing editors are Patrick Ayad and...
26 Jul 2018
TURUNÇ authored the Turkey chapter of The International Comparative Legal Guide (ICLG) to Product Liability 2018. The contributing lawyers were Noyan Turunç and Esin Çamlıbel. The publication is a guide to product liability legislation in 23 jurisdictions. In addition to Turkey, the jurisdictions covered are Albania, Australia, Brazil, Canada, China,...
05 Jun 2018
TURUNÇ has advised venture capital fund Vela Partners on its investment in Jobox. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. Jobox is an AI-based platform that connects home service professionals with...
05 Apr 2018
TURUNÇ has advised global automotive products supplier Valeo on the sale of its passive hydraulic actuation division to Raicam, an Italy-based producer of brakes, clutches and actuators for the automotive industry. Cleary Gottlieb Steen & Hamilton LLP was Italian counsel to Valeo. The sale was part of the merger clearance...
14 Dec 2017
TURUNÇ has advised Turkey-focused private equity fund Taxim Capital on the acquisition of a majority stake in Suwen, a lingerie and undergarment manufacturer and retailer. This is the second investment on which TURUNÇ advised Taxim Capital, having also advised the fund’s formation and its investment in BigChefs. The TURUNÇ team...