Publicly Traded Companies: New Amendments Introduced to the Communiqué on Shares (VII-128.1)
The Capital Markets Board of Turkey (“CMB“) has amended “Article 27 – Obligation to Issue Memorandum of Information as to the Shareholders of Publicly Traded Companies” of the Communiqué on Shares (VII-128.1) (“Communiqué“) and expanded the coverage of the article. The amendments came into effect with publication in the Official Gazette No. 31195, dated July 24, 2020. …
New Era for Material Transactions and Exit Right
The Law No. 7222 regarding Amendments to the Banking Law and Certain Other Laws (“Law No. 7222“) entered into force on February 25, 2020 with its publication in the Official Gazette on the same date. Among other things, the Law No. 7222 has introduced novelties on the material transactions and exit right mainly regulated under …
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Unchartered Territories: A Comparative Study of Newly Introduced Commitment & Settlement Mechanisms
Unchartered Territories: A Comparative Study of the Newly Introduced Commitment and Settlement Mechanisms of Turkish Competition Law with the European Union Competition Law
Malta sets up the National Foreign Direct Screening Office
The NFDI Screening Office (“Office”) was set up in order to implement the provisions of EU Regulation 2019/452 of the 19th of March 2019, establishing a framework for the screening of foreign direct investments into the Union. This Regulation relates particularly to foreign direct investments, or ‘FDIs’ which are likely to affect security or public …
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Turkish Court of Cassation: Article 6/A of the Abolished Law number 4077 on the Protection of Consum
The First Presidential Board of the Court of Cassation determined conflicting judgments between chambers in the matter of ” whether or not the claim of invalidity arising from not issuing a registered bill can be put forward against the holder in good faith who has taken over through endorsement in case of the issuance of an …
Turkey Amended the Communiqué on Signing of the Company Establishment Agreement
Paragraph 6 of the article regarding the preparation procedures of the Communiqué (“Communiqué”) of the Communiqué on the Signing of the Company Establishment Agreement at the Commercial Registry Directorates was amended through the Communiqué Amending the Communiqué on the Signing of the Company Establishment Agreement at the Commercial Registry Directorates, which entered into force on …
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Turkish Trade Remedies – July 2020
TURKEY INITIATES SURVEILLANCE ON IMPORT OF BICYCLE PARTS FROM CHINA, INDONESIA, INDIA, MALESIA AND THAILAND
Brazilian Preliminary Injunction and Protection of IP Rights
The protection of intellectual property is key to innovation. Investments in the research and development of new technologies are even more important during the uncertain times we are experiencing with the Covid-19 pandemic. Such protection generates benefits that go far beyond the IP owners, as it allows for technology transfers that enhance markets in all …
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How to balance the IBC and the PMLA
Authored by Hammurabi & Solomon Partners
TO CONDONE DELAY OR NOT: A SHAKESPEAREAN DILEMMA FOR THE INDIAN WRIT COURTS
TO CONDONE DELAY OR NOT: A SHAKESPEAREAN DILEMMA FOR THE INDIAN WRIT COURTS INTRODUCTION The Division bench of the Hon’ble Supreme Court of India (“SC” / “Supreme Court”) comprising of Hon’ble Justice Mr. A.M. Khanwilkar and Hon’ble Justice Mr. Dinesh Maheshwari, in Assistant Commissioner (CT) LTU, Kakinada & Ors. v. M/s Glaxo Smith Kline Consumer …
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