A structured guide to M&A litigation in Turkey

June 2019 – A structured guide to M&A litigation in Turkey.  Types of shareholders’ claims Main claims Identify the main claims shareholders in your jurisdiction may assert against corporations, officers and directors in connection with M&A transactions. The principal contractual documents in relation to M&A transactions are the share purchase agreement executed between the seller and purchaser in respect of the sale of shares in a target entity, and the shareholders’...

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New financial assistance prohibition under the new Turkish commercial code – from no plating to gold plating

April 2019 – The new Turkish Commercial Code, which comes largely into effect on 1 July 2012, introduces for the first time into Turkish company law a financial assistance prohibition in the context of share acquisitions. This will prohibit a company from providing financial assistance to a third party for the purpose of enabling the third party to acquire shares in the company. This prohibition is likely to introduce a great deal of uncertainty and risk in the context of share acquisitions...

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Data controller or processor under the new data protection law

April 2018 – We have prepared this article on the Law on Personal Data Protection (the “Law”) to describe certain general requirements that all corporate entities must comply with as per the Law. I. Law on Personal Data Protection A corporate entity may process personal data as a “controller” (veri sorumlusu) or “processor” (veri işleyen) under the terms of the Law. Such data may be related to employees, employee applicants, customers, suppliers...

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