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...

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, allowing drivers to create an...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s Ports & Terminals (2019) title. The contributing lawyers were Esin Çamlıbel and Grace Maral Burnett. The publication is a comparative guide of the legislation relating to ports and terminals in 22 jurisdictions. The contributing editor is Alex Kyriakoulis of HFW. The guide is available on the Getting...

Managing Partner Kerem Turunç moderated the “Latest Developments and Innovation in International Arbitration” at the Ethics Rules for Arbitrators, Ethics, Latest Developments, and Innovation in Arbitration Conference organized by the Istanbul Arbitration Association (ISTA). The panelists were Pelin Baysal (Partner, Gün + Partners), Brandon Malone (Chairman, Scottish Arbitration Centre) and Marina Matousekova (Partner, CastaldiPartners). TURUNÇ...

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...

Dr. Esin Çamlıbel was a panelists at the Uygulama ve Teori Bakımından Disiplinler Arası Kişisel Verilerin Korunması Sempozyumu (Symposium on Multidisciplinary Personal Data Protection in Practice and Theory), organized by Veri Koruma Derneği (Data Protection Association) and hosted by Yeditepe University on October 25, 2018. TURUNÇ is proud to be a founding member of the...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s Private M&A (2019) title. The contributing lawyers were Noyan Turunç, Kerem Turunç, Esin Çamlıbel, Grace Maral Burnett and Nilay Enkür. The publication is a comparative guide of the regulation of mergers and acquisitions transactions relating to private companies in 38 jurisdictions. The contributing editors are Will Pearce...

TURUNÇ will be Chairman Sponsor of the 2018 Turkey General Counsel Summit, being organized by CEE Legal Matters and to be held in Istanbul on November 8, 2018. CEE Legal Matters is a publication covering law firm news and legal developments in Central and Eastern Europe. The summit will bring together in house counsel and...