Many years in the making, the Turkish Data Protection Law, Turkey’s first data protection and privacy law, recently entered into force. The Law generally follows the Data Protection Directive (95/46/EC) with certain differences. The aim of the Data Protection Law is to safeguard the fundamental rights and freedoms of individuals, in particular their right to...

6698 sayılı Kişisel Verilerin Korunması Hakkında Kanun (“Kanun”) 24 Mart 2016 tarihinde TBMM’inde kabul edilmiş ve dün Resmi Gazete’de yayımlanmıştır. Kanun’un amacı, kişisel verilerin işlenmesinde başta özel hayatın gizliliği olmak üzere kişilerin temel hak ve özgürlüklerini korumaktır. Kanun, kişisel verilerin işlenmesi, kişisel verilerin tamamen veya kısmen otomatik olan ya da herhangi bir veri kayıt sisteminin...

TURUNÇ has advised Eigenmann & Veronelli S.p.A (E&V), on its acquisition of the remaining shares held by its local joint venture partners İpek Müstecaplıoğlu, İsmet Müstecaplıoğlu and Reis Pazarlama, in E&V’s Turkish subsidiary Eigenmann & Veronelli Kimyasal, formerly known as Parkim Parfüm. TURUNÇ had also represented E&V in its initial investment in Turkey, when it...

TURUNÇ has advised Borsa Istanbul on the sale of a 10% equity stake to the European Bank for Reconstruction and Development (EBRD). This transaction is the fifth in a series of important international transactions on which TURUNÇ has advised Borsa Istanbul in the last three years. The previous transactions were Borsa Istanbul’s partnerships with NASDAQ...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s inaugural Ports & Terminals 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...

TURUNÇ has advised Charlesbank Capital Partners, a mid-market private equity fund, on Turkish law matters relating to Charlesbank’s acquisition of a controlling stake in Plaskolite, the largest manufacturer of acrylic and other plastic sheet (ABS, PETG and polycarbonate) in the United States. Plaskolite also has a joint venture affiliate in Turkey. Goodwin Procter acted as...

TURUNÇ has advised UK-based international coffeehouse chain Caffè Nero on the purchase of the entire equity stake held by its Turkish joint venture partner Infinity Invest in Caffè Nero’s Turkish subsidiary. As a result of the transaction, Caffè Nero Turkey has become a fully-owned subsidiary of the Caffè Nero group. The TURUNÇ team included Noyan...

Elektronik ticaret çerçevesinde hizmet sağlayan şirketlerin ticari iletişimine ilişkin esas ve usulleri ve hizmet sağlayıcıların sorumluluklarını düzenleyen Elektronik Ticaretin Düzenlenmesi Hakkında Kanun (“6563 Sayılı Kanun”) 1 Mayıs 2015 tarihinde yürürlüğe girecektir. Söz konusu Kanun, ticari faaliyetlerini elektronik ortamda yürütmekte olan tüm işletmeler bakımından bazı yükümlülükler getirmektedir. 6563 Sayılı Kanun’un elektronik ticaret kapsamına dahil ettiği faaliyetler...

TURUNÇ has advised Borsa Istanbul on its partnership with the Hong Kong Exchanges and Clearing (HKEx) regarding the dissemination of market data on the London Metal Exchange’s (LME) steel billet contract. HKEx is LME’s parent company. The partnership is related to Borsa Istanbul’s acquisition of LME’s equity stake in LCH.Clearnet. The TURUNÇ team was led...