EGEMENOGLU ADVISES DERINDERE TURIZM OTOMOTIV SANAYI VE TICARET A.S. ON ITS SECOND ROUND OF CONSOLIDATED AND SYNDICATED LOAN RESTRUCTURING
As Egemenoğlu Law Firm, we are pleased to announce that we have successfully concluded the second phase of the Financial Restructuring Project developed by our Restructuring Team, under the leadership of our Managing Partner Yunus Egemenoğlu, while we represented and advised Derindere Group, a pioneer in the fleet vehicle leasing industry of Turkey which was ranked, in 2019, as the 76th largest company by Turkey Fortune 500, with respect to the second round of the consolidated and syndicated loan restructuring of its debt amounting up to €350 million, held by numerous financial institutions (29, to be precise, including such giants as Credit Europe Bank, and Islamic Corporation for the Development of the Private Sector).
THE REGULATION ON POLLUTANT EMISSION AND TRANSPORT REGISTRATION IS PUBLISHED.
The “Regulation on Pollutant Emission and Transport Registration” (“Regulation”) prepared by the Ministry of Environment, Urbanization and Climate Change (“Ministry”) was published in the Official Gazette dated 4 December 2021. In the Regulation, the procedures and principles for the creation of a record of the emission and transport of pollutants are regulated in order to protect the environment and reduce environmental pollution originating from industrial and non-point sources.
PROCEDURES AND PRINCIPLES REGARDING THE IMPLEMENTATION OF ELECTRONIC NOTIFICATION TO SSI BEEN PUBLISHED, THE APPLICATION TIME
With the "Regulation Regarding Electronic Notification By Social Security Institution" (the Regulation), which published at the Official Gazette dated 24.09.2021 and numbered 31608, the e-notification period started in the Social Security Institution (SSI) and it was regulated that the documents required to be notified by the SSI would be notified to the addressees in electronic environment in accordance with the Regulation.
Marital Property Rejimes And The Comparison Of The Right Of Contribution Claim And The Increased Value Claim
There are two basic marital property regime models in our law. The first of these is the separation of estates model. In this marital property regime model, spouses have the rights over the property they acquired during the marriage union on their own.
Regulation on the Principles and Procedures of Fundraising Has Been Amended!
This article is prepared for informing about the amendments made in the "Regulation on the Principles and Procedures of Fundraising" (“the Regulation”). The amendments explained below are published in the Official Gazette dated 10.11.2021 and numbered 31655 and entered into force on the date of publication.
The Deadline For The Cheque Presentation Ban Has Been Extended.
Numerous laws have been altered within the scope of The Law Amending the Law on the Establishment and Duties of the Turkish Exporters' Assembly and the Exporters' Associations and Certain Laws numbered 7341 (‘’The Law’’), which was published in the Official Gazette dated 06.11.2021 and numbered 31651. The law entered into force on the date of its publication. Along with this regulation, changes were made in the periods and dates cited in the temporal 3rd article of the Cheque Law No. 5941 and in the 543th Article of the Turkish Commercial Code Numbered 6102, titled "Distribution of Liquidation Result". In hereby this article, two main regulations introduced by the Law will be discussed.
Regulation On The Amendment To The Associations Regulation Is Published!
Within the framework of The Regulation On The Amendment to The Associations Regulation (“Regulation”) published in the Official Gazette dated 21.10.2021 and numbered 31635, numerous amendments have been brought to the Associations Regulation published in the Official Gazette dated 31/03/2005 and numbered 25772. In this article, the main innovations introduced by the Regulation will be discussed.
Evaluation Of The Announcement Regarding The Covid-19 PCR Test Result and Vaccine Information Application By The Personal Data Protection Board
The Decision of the Personal Data Protection Board (Board) dated 28/09/2021 and numbered 2021/980 was shared with the public, along with the announcement published by the Personal Data Protection Authority (“The Authority”) on 28.09.2021. We share our reviews below on the aforementioned decision about how to follow the Personal Data Protection Law (Law) No. 6698 regarding PCR test and/or vaccine information requests in order to prevent the spread of the Covid-19 epidemic disease, which continues to show its effect all over the world and in our country.