Turkey: Corporate and Company Law

Kişisel Verileri Koruma Kurumu, internet sitesinde yayımladığı “İş Yerlerinde Üretken Yapay Zekâ Araçlarının Kullanımı” başlıklı metinde ile üretken yapay zekâ araçlarının iş süreçlerinde kullanımına ilişkin başlıca risk alanları ve kuruluşlar tarafından dikkate alınabilecek yönetişim yaklaşımlarına ilişkin değerlendirmelerini kamuoyuyla paylaştı.

A term sheet is the first substantive document exchanged in a venture capital transaction. It records the commercial and legal parameters that the parties have agreed in principle (e.g., valuation, investment amount, governance rights, exit mechanics) and signals that serious negotiations have begun. In the United States, where the global VC standard was established, the term sheet is a largely standardized instrument governed by well-developed transactional practice and a deep body of Delaware case law.

A company may wish to grant certain (mostly financial) rights to third persons without making them shareholders of the company and under Turkish law one way to achieve that purpose is issuing dividend right certificates.

One of the most discussed topics under Turkish law, at the intersection of M&A and banking and finance transactions, is the financial assistance prohibition, which essentially aims to prevent companies from providing financial assistance to third parties to acquire their own shares, ...

The U.S. Federal Trade Commission (“FTC”) effectively prevented the proposed acquisition of LENSAR, Inc. by Alcon, Inc. following the identification of significant competitive concerns during its investigation.

In venture capital and private equity transactions, drag-along and tag-along rights are standard deal terms. In Turkish-law transactions, however, the real issue is usually not whether these clauses can be drafted.

2025 yılında Brezilya, Amerika Birleşik Devletleri’ni geride bırakarak dünyanın en büyük sığır...

We are pleased to share our latest article, “German Special Fund for Infrastructure and Climate Neutrality: Opportunities for Turkish Companies”, jointly prepared by the Hergüner and Taylor Wessing teams.

The deterioration of a company’s (namely joint stock companies, limited liability companies and partnerships limited by shares are subject to this provision) financial standing and its legal consequences are governed by Article 376 of the Turkish Commercial Code numbered 6102 (published in the Official Gazette dated February 14, 2011 and numbered 27846 (“TCC”) and the Communiqué on the Procedures and Principles regarding the Implementation of Article 376 of the TCC published in the Of