TURUNÇ was ranked once again by The Legal 500 in the guide’s EMEA 2024 edition, which researches law firms by country and practice area in the EMEA region. In a testament to its diverse practice areas, the Firm was ranked in seven areas: Banking, Finance and Capital Markets; Commercial, Corporate and M&A; Competition; Dispute Resolution;...

TURUNÇ has advised Ascential plc on the sale of its global consumer trends forecasting and product design business WGSN to funds advised by Apax Partners LLP for a total enterprise value of up to £700 million (subject to customary closing adjustments). Ascential a specialist information, data and analytics company listed on the London Stock Exchange...

Reporting requirements under the U.S. Corporate Transparency Act (CTA) commenced on January 1, 2024. Subject to certain exemptions, the CTA requires companies incorporated in the United States or have obtained registration to do business in the United States to provide information about their beneficial owners (i.e., significant shareholders and persons who have substantial control) to...

Sermaye Piyasası Kurulu (“SPK”) ve Borsa Istanbul tarafından yapılan güncellemeler neticesinde, halka arz edilecek şirketlerin sağlaması gereken bazı mali kriterler aşağıda izah edildiği şekilde güncellenmiştir. Sermaye Piyasası Kurulu Tarafından Yapılan Değişiklikler SPK tarafından yapılan yeniden değerleme sonucu, 2024 senesinde ilk halka arzlarda aranacak bazı mali şartlar aşağıda izah edildiği şekilde güncellenmiştir.1 Kayıtlı Sermaye Sistemine Geçiş...

16 Aralık 2023 tarih ve 32401 sayılı Resmî Gazete’de yayımlanan 7953 sayılı Cumhurbaşkanı Kararıyla, 5746 sayılı Araştırma, Geliştirme ve Tasarım Faaliyetlerinin Desteklenmesi Hakkında Kanunun 3. maddesine eklenen 14. fıkra ve 4691 sayılı Teknoloji Geliştirme Bölgeleri Kanununa eklenen ek 3. madde ile 01.01.2022 tarihinden itibaren geçerli bulunan yasal düzenlemelerde aşağıdaki şekilde değişiklikler yapılmıştır: Tutar Kalemi Eski...

Partner İltem Dokurlar will be one of the speakers at the Turkish Entrepreneurship Ecosystem and Cooperation Opportunities with the Netherlands event on November 28, 2023 in The Hague. The event is organized by the Turkish Industry & Business Association (TÜSİAD), Turkey’s most influential business association, and hosted by TÜSİAD’s Dutch counterpart VNO-NCW. The event will...

TURUNÇ was ranked in the 2023 edition of the IFLR1000, an international legal market research platform specialized in ranking financial and corporate law firms and lawyers. As a testament to its wide-ranging capabilities, the Firm was ranked in four practice areas: Banking; Capital Markets: Debt; Capital Markets: Equity; and M&A. In addition to firmwide rankings,...

TURUNÇ has advised BV Dijital on its cooperation agreement with Waves Tech. The cooperation will include the formation of a new entity focused on blockchain technologies. BV Dijital is focused on decentralized finance and crypto assets, using new technologies such as Web3, metaverse and NFTs. Waves Tech is a community-based stack of decentralized open-source technologies...

TURUNÇ authored the Turkey chapter of Lexology Getting the Deal Through’s Initial Public Offerings (2024) title. The contributing lawyers were İltem Dokurlar, Kerem Turunç, Naz Esen and Övgü Kopal. The publication is a comparative guide of the legislation relating to initial public offerings in 16 jurisdictions. In addition to Turkey, the jurisdictions covered by the 2024 edition...