New Industrial Property Law
The Industrial Property Law abrogating the patchwork of decrees that governed intellectual and industrial property rights has been published in the Official Gazette and entered into force on January 10, 2017.
Privatization of Domestic Coal-Fired Power Plants in Turkey
The privatization tender of Çayırhan-2 coal reserve area and the construction of a coal-fired power plant project (“Çayırhan-2 Project”) was concluded on February 6, 2017, which has been the first of the new wave of privatization of coal reserves and construction of lignite coal-fired power plants in Turkey in line with the recent incentives regarding …
Continue reading “Privatization of Domestic Coal-Fired Power Plants in Turkey”
Important Changes to the Electricity Market Licensing Regulation
On February 24, 2017, the Energy Market Regulatory Authority (“EMRA”) published a Regulation (“Amending Regulation”) containing important changes to the Electricity Market Licensing Regulation (“Licensing Regulation”), including the removal of the share transfer restriction at the pre-license period for transfers to foreign companies and foreign-capital companies, and changes related to the Renewable Energy Resource Areas …
Continue reading “Important Changes to the Electricity Market Licensing Regulation”
The New ICC Arbitration Rules
As of 1 March 2017, the new Arbitration Rules of the International Chamber of Commerce (“New ICC Rules”) have come into effect and superseded the former version of the ICC arbitration rules, which have been in effect since 2012.
Information law for company participants – the search for a balance of interests
At the present time, in various legal relationships there exists the acute problem of observing a balance of interests concerning the parties involved in these legal relationships, their legal rights, and their mutual economic needs. Judicial practice, when considering disputes between these kinds of parties, takes into consideration not only the formal requirements of legislation, …
Continue reading “Information law for company participants – the search for a balance of interests”
Innovation & Thailand 4.0: Value Creation for Business using Trade Secrets
Thailand 4.0 stands for the new stage to transform the country currently relying on heavy industries (3.0 stage) into a creativity and innovation-driven economy. Trade secrets are definitively value-based and could help pursing Thailand 4.0. On 14 March 2017, the Thai Department of Intellectual Property (DIP), the US Patent and Trademark Office (USPTO) and the …
Continue reading “Innovation & Thailand 4.0: Value Creation for Business using Trade Secrets”
Novelties Introduced by the Movable Pledge Law
As of January 1, 2017, Law No. 6750 on Pledge over Movable Assets in Commercial Transactions (“Movable Pledge Law”), which was enacted on October 20, 2016, entered into force and abolished Law No.1447 on Commercial Enterprise Pledge (“Commercial Enterprise Pledge Law”). The Movable Pledge Law introduces significant changes and offers more practical methods for establishing …
Continue reading “Novelties Introduced by the Movable Pledge Law”
Determination of Injury in Anti-Dumping Investigations: Turkey’s Side of the Story
I – Introduction In a world ruled by the global economy, protection of international trade from unfair competition holds great importance. Unfair competition can develop out of various trade forms such as dumping or subsidy. Between global players, such protection against these forms is maintained through customs taxes and other similar foreign trade policies like …
Turkish Health PPP Projects
The Turkish health sector has undergone major reforms over the past ten years as part of the health transformation program. The most important pillar of such program has been the development of public-private partnership (“PPP”) model health campus projects. More than twenty health campus projects with an investment amount of more than € 10 billion …
Infrastructure REIC: An Alternative Source of Funding for Infrastructure Projects
With the start of operation in certain BOT and other PPP model infrastructure projects in Turkey, refinancing alternatives have become more attractive and diversified. Capital market instruments and institutions are likely to have a greater share in the refinancings of projects which have become operational and the construction risks have been removed. Over the last …
Continue reading “Infrastructure REIC: An Alternative Source of Funding for Infrastructure Projects”