Blockchain: The Potential to change the entire economic world
The shipping industry has been given a fresh opportunity to strengthen the security of their data that could spell the end of paper documentation. Blockchain technology promises to revolutionize container logistics by connecting the supply chain in a way the industry has never seen before. Should the technology enter operation it could also bring annual …
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Foyen assists Salem Municipality in a sale generating a profit of SEK 38 million
Foyen Advokatfirma, together with PwC, hasassisted Salem Municipality in a purchase and sale of a property over thecourse of a single day, generating a profit of SEK 38 million.
Mert Karamustafaoglu has been promoted as Partner and Competition & Compliance Leader
We are very proud of announcing that Mert Karamustafaoglu has been promoted as Partner and Competition & Compliance Leader, as of January 1, 2019.
Nezihe Boran Demir has been promoted as Managing Associate
We are very proud of announcing that Nezihe Boran Demir has been promoted as Managing Associate, as of January 1, 2019.
Transfer of Türk Telekom Shares owned by OTAS is completed
Within the scope of the restructuring of the loans obtained by Ojer Telekomünikasyon A.Ş. (OTAŞ) in 2013 and 2014, the transfer of the shares owned by OTAŞ, representing 55% of Türk Telekomünikasyon A.Ş.’s (Türk Telekom) issued share capital by a special purpose vehicle incorporated directly or indirectly by the creditors was completed on 21st of December, 2018.
AVELLUM advises PrJSC “Jacobs Douwe Egberts Ukraina” on squeeze-out and transformation procedure
AVELLUM advised the client on minorities squeeze-out procedure followed by the successful corporate reorganisation of “Jacobs Douwe Egberts Ukraina” from a private joint stock company to a limited liability company.
AVELLUM advises MTB Bank and Bank Center on merger
AVELLUM acted as the legal counsel on the merger of Public Joint Stock Company “MTB Bank” (“MTB Bank”) and Public Joint Stock Company “Commercial Bank “Center” (“Bank Center”). The merger was conducted under a simplified procedure introduced by the Law of Ukraine “On Simplifying Reorganisation and Capitalisation Procedures for Banks”, which became effective on 29 April …
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AVELLUM advises Kernel on USD64 million acquisition of railcar business by its investment fund
AVELLUM acted as the legal counsel to its longstanding client Kernel Holding S.A. (“Kernel”) on the acquisition of 100% of shares in Rail Transit Kargo Ukraine (“RTK-Ukraine”) worth, based on the enterprise value, USD64 million.
AVELLUM advises solar power plant developer on sale of solar project
AVELLUM acted as the legal counsel to SM Invest Construction B.V., a solar PV plants developer, on the sale of shares in the holding company, which owns the underlying assets to develop a 120MW solar power plant in Mykolaiv region. Scatec Solar, a leading and globally acting solar energy producer, acted as the purchaser.
Travel Ban in UAE: All you need to know
“The freedom of movement and residence will be granted within limits of laws” quotes from Article 29 of the UAE constitution offers freedom and simultaneously curtail it on the basis of law. It implies that everyone enjoys the freedom to travel inside and outside the country unless specifically objected by law through a travel ban.