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Balcıoğlu Selçuk Akman Keki (BASEAK) has strengthened its presence with a maritime law team of four.
The firm has appointed Gülistan Baltacı and Semih Sander as partners to its maritime law group. They are also joined by two lawyers.
Too big to fail in Turkey
A new banking regulation, “Systemically Important Banks” (the Regulation), has come into force upon its publication in the Turkish Trade Registry Gazette on 23 February 2016.
BASEAK is always looking to invest in the highest-quality talent, recognizing that our success is built on the diverse and unique strengths of each member of our Firm.
With over 75 lawyers and professionals across the full spectrum of legal experience, BASEAK is uniquely positioned to leverage the collective local and global experience of its members and deliver sophisticated and innovative legal services to our clients. Please visit our careers page for more information.
We provide internship programs for legal trainees and summer students
At BASEAK, we offer legal trainees the opportunity to gain exposure to high quality work at both domestic and international levels. We also have programs designed for summer students. We understand that the future of our firm is built on the students we hire and therefore providing quality student recruitment and development programs is a key focus in our firm. Please visit our Careers pages for more information on internship opportunities.
BASEAK’s lawyers are consistently providing some of the industry's most recognized thought leadership through articles published. Whether it's in reference to climate change, economic change, changes in government or what's new on the legal frontier, you'll find the information you need to do business in articles such as those listed below.
Showing 1 - 10 of Total Results (26)
With the new Turkish Commercial Code (TCC), the Article 1352 the subsequent articles regulating the maritime claims have been adopted from the International Convention on the Arrest of Ships (a.k.a Geneva 1999, the Convention) and constitute integrity of the substantive maritime law since 1 July 2012. Read more
Fundamental changes have been made recently to Turkey’s Administrative Procedure Act. Of particular note is that “summary” – i.e. abbreviated – proceedings have been introduced to accelerate certain administrative actions. Now, according to the Environment Code, Act No. 2872, challenges to Environmental Impact Assessment (EIA) reports will be considered in summary proceedings. Read more
Law no. 6745 on Promoting Investments on Project Basis and Amending Some Laws and Decree Law was promulgated on September 7, 2016. The Law features 82 articles on various topics, including minor additions to some laws and decree laws, but undoubtedly the most significant article of the Law is Article 80, which is a provision regarding investment incentives. This has been a widely debated article throughout the drafting process of the proposal and was altered numerous times before being shaped into its final form. In brief, the Article provides a wide range of powers to the Council of Ministers for the Council to take the necessary steps about granting the determined incentives to investment projects. Read more
Legislation providing for the establishment of a Turkish Sovereign Wealth Fund (SWF) is approved and promulgated in the Official Gazette (the Law). Starting from the late 1990s many countries adopted the SWF Model. According to the Sovereign Wealth Fund Institute, United States, Japan, Norway, China, United Arab Emirates and Kuwait are some of the countries with the highest ranking SWFs today. Turkey was previously known for being the only G-20 country without a SWF. Read more
Joining a club that would have me as a member or one that others are abandoning? Referring to Turkey’s “ridiculously long chase for EU membership,” the Daily Sabah newspaper asks why – in light of the Brexit vote in the UK – the EU would “still expect Turkey to strip” itself of “values underpinned by people’s religion culture and tradition.” Understandably displeased with the use of Turkey use as a Brexit bogeyman, President Recep Tayyip Erdoğan says the problem today “is not Turkey but the EU itself." Similarly, EU Affairs Minister Ömer Çelik said the Brexit campaign had been marred by Islamophobia and anti-Turkish sentiment fueled by mainstream politicians, while Prime Minister Binali Yıldırım said the EU needed to reflect carefully on the British vote and to embrace more inclusive policies. Read more
Environmentally friendly and abundant, with new discoveries often leading the news cycle, natural gas for many countries in the region is at the top of their energy agenda. The willingness and ability of gas-rich countries to use this key resource as a geopolitical tool, coupled with political instabilities in many transit countries, have created and will continue to create serious headaches for the countries looking to consume this gas. Read more
The volume of analyses in the literature concerning the prevention of margin squeeze, which resides in the intersection point of competition law and regulations, has been increasing. Read more
Recent debate on net neutrality exhibits a particular importance for mobile communications services. Mobil operators strive to decrease the substitution between their own services and the services offered by over–the-top (OTT) providers. Read more
It was business as usual for a Turkish bank: Two loans were extended to a company, and the latter gave the bank a mortgage over one of its properties as collateral, with the mortgage documentation signed by a single authorized employee of the company. Things went south, however, when the company—prior to paying off the loans—commenced court proceedings for the discharge of the mortgage. Read more
At the end of 2014, the important EU Directive 2014/104/EU (the Directive) was published, introducing a series of proposals to advance the cause of private party antitrust actions so as to deter further—in tandem with enforcement by public bodies—anti-competitive behavior by undertakings. Although several EU countries—as does Turkey, at least on paper—already allow victims of anticompetitive behavior to seek, in their own right, damages, the European Commission is now requiring all EU Member States to bring into force the rules and administrative provisions necessary to comply with this Directive by 26 December 2016. The Directive comes on the heels of the equally important, if not mandatory, 2013 recommendations by the Commission regarding the adoption across the EU of certain “collective redress” mechanisms (the Recommendation). Read more
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