You're invited! Seminar of New Approaches in Financial Restructuring 22 January 2020
With the support of Egemenoğlu Law Firm, Seminar of New Approaches in Financial Restructuring will be held on 27 February at Pera Palace, Taksim. In the seminar to be held under the moderation of Tayfun Bayazıt, among the speakers Prof. Dr. Oğuz Atalay, Hasan Tengiz, Dr. Ali Yürüdü, Rasim Orman and Yunus Egemenoğlu will take place.
- Main Benefits for FR and Companies with regards to Banks and Legislation
- Recommendations to Companies in FR Process
- The Importance of Financial Modeling in the FR Process
- Legal Infrastructure of FR
- Roles of Law Offices in the FYY Process
will have been among the topics to be shared in the seminar.
Please click for registration form.
Other News
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18.6.2026
The Term "Indefinite" In Poverty Alimony Has Been Annulled By The Constitutional Court's Recent Decision
Poverty alimony is regulated under Article 175 of the Turkish Civil Code No. 4721 dated 22 November 2001. According to the first paragraph of the article, "The party who will fall into poverty as a result of the divorce may request alimony from the other party, in proportion to the latter's financial capacity, provided that his or her fault is not severe, on an indefinite basis for his or her maintenance." The phrase "on an indefinite basis" contained in this provision was annulled by the Constitutional Court by a majority vote in its General Assembly decision dated 4 June 2026.
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17.6.2026
The Saturday Puzzle İn Annual Leave: What Does The Recent Court Of Cassation Decision Actually Mean?
In recent days, various posts shared on social media and news platforms have suggested that the Court of Cassation has issued a new decision regarding the use of annual paid leave and that, pursuant to this decision, Saturdays should no longer be included in the calculation of annual leave periods. Below, we provide our legal assessment of the aforementioned decision, together with an analysis of whether Saturdays should be counted toward the duration of annual paid leave.
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15.6.2026
The Noteholders Meeting Mechanism In Capital Markets Law And Its Impact On Enforcement Proceedings
I. The Principle of Equality in Capital Markets and The Noteholders Meeting The raison d'être of modern capital markets is to establish a trust-based bridge between investors providing funds and issuers. The most fundamental dynamic of this structure is the principle of equality among investors. Unlike general private law rules, capital markets law aims not only to protect the freedom of contract of the parties but also to safeguard market integrity and stability. In this context, the Noteholders Meeting (BASK) mechanism is one of the most critical institutions determining how the relationship between the debtor issuer and the creditor investors is managed through a collective will.
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11.6.2026
Data Protection Compliance in CCTV Systems: Assessment of the Public Announcements Issued on 8 June 2026
The Personal Data Protection Authority ("the Authority") published two separate public announcements on 8 June 2026 regarding the lawful use of CCTV systems. One of the announcements covers apartment and residential complex management bodies, whilst the other covers employers.
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4.6.2026
A Noteworthy Principle Decision of the Personal Data Protection Board on the Use of Biometric Data
The Principle Decision of the Personal Data Protection Board (the "Board") dated 29 April 2026 and numbered 2026/921 was published in the Official Gazette dated 2 June 2026. The Decision contains important assessments regarding the use of fingerprint, facial recognition and similar biometric systems for employee attendance and working hours tracking.
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2.6.2026
Designation of Critical Infrastructure Sectors Under Cybersecurity Law No. 7545 and Key Compliance Obligations
Cybersecurity Law No. 7545, which introduces comprehensive and far-reaching rules governing cybersecurity in Türkiye, was enacted on 12 March 2025. The Law regulates the powers of the Cybersecurity Authority, the rules to be observed by public institutions and private companies, supervisory mechanisms, and applicable sanctions.
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25.5.2026
Does Your 2025 Balance Sheet Trigger a VERBIS Obligation? Deadline Set for 5 June 2026
The Personal Data Protection Authority ("Authority") has published an important announcement regarding corporate taxpayer legal entity data controllers that have become subject to the obligation to register with the Data Controllers' Registry ("VERBIS") due to the criteria relating to the 2025 financial balance sheet total. Within the scope of the announcement, the period granted for the fulfillment of the VERBIS registration and notification obligation has been extended until Friday, 5 June 2026.
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22.5.2026
The Competiton Authority Has Updated Its Merger And Acquisition Guidelines: What Has Changed For Trancastion Parties?
There have been significant developments in the field of mergers and acquisitions in recent times. The Competition Authority has implemented a comprehensive update process with the aim of making the regulatory framework in this area clearer and more predictable. This process, which began with the amendments to the Communiqué No. 2026/2 on the Amendment to the Communiqué on Mergers and Acquisitions Requiring the Approval of the Competition Board (Communiqué No. 2010/4) in February 2026, has entered a new phase with the updated guidelines published in May 2026.
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20.5.2026
A New Approach to the Limits of the Institution of Amendment of Pleadings: Unification of Judgments Decision
1. INTRODUCTION By its decision dated 08.05.2026, the Grand General Assembly for the Unification of Judgments of the Court of Cassation explicitly ruled that a claim not initially included in the statement of claim cannot subsequently be introduced into the action by way of "partial amendment".
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13.5.2026
Significant Amendments to Temporary Incapacity Periods for Maternity under the Social Security Institution
Extension of Maternity Leave Periods under Circular No. 2026/13: With the Circular dated 08.05.2026 and numbered 2026/13 issued by the Social Security Institution (“SSI”), the implementation of temporary incapacity benefits under maternity insurance within the scope of the Social Insurance and General Health Insurance Law No. 5510 has been updated. The aforementioned amendments have been introduced in line with Law No. 7578, which entered into force on 01.05.2026. These regulations include new provisions that are particularly significant for employers and employees, especially with respect to the extension of postnatal rest periods and the transitional rules applicable to existing medical reports.
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11.5.2026
The Communique Regarding Proffesions Subject to the Requirement for a Professional Competency Cerificate (2026/1) Has Been Published
With the "Communiqué Regarding Occupations Subject to the Mandatory Professional Competency Certificate by the Professional Competency Authority," dated March 23, 2026, and published in the Official Gazette No. 33202, the requirement to hold a Professional Competency Certificate has been expanded to include certain occupations classified as hazardous or highly hazardous
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4.5.2026
Significant Changes in the Workplace: Maternity Leave Periods Revised
Law No. 7578, amending the Social Services Act and certain other laws, entered into force following its publication in Official Gazette No. 33240 dated 1 May 2026. This regulation introduces significant changes, particularly regarding maternity leave durations, which have implications for employers in terms of workforce planning and organisational processes. In this bulletin, we examine the key changes introduced by the regulation.
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30.4.2026
Draft Law On The Protection Of Trade Secrets Has Been Released!
Whilst Turkish law contains various provisions on trade secrets across different laws and subordinate regulations, there has been no standalone legislation to date that directly and comprehensively defines trade secrets or provides for distinct protection and safeguard mechanisms. Prepared to address this gap, the Draft has been drafted in line with the EU's Directive 2016/943/EU on trade secrets and serves as a tool to support Turkey's international trade policies and the development of digital trade.
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24.4.2026
A New Era For The Meal Allowance Exemption From Insurance Premium
Article 10 of Law No. 7577 on Amendments to Certain Laws, published in the Official Gazette dated 17.04.2026, introduced a significant amendment to paragraph (b) of Article 80, titled "Earnings Subject to Premium," of Law No. 5510 on Social Insurance and General Health Insurance, which regulates exemption amounts, with respect to the meal allowance exemption provided by employers.
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20.4.2026
"Effective Remorse" as a Personal Ground Mitigating or Eliminating Punishment
1. What is Effective Remorse? Effective remorse is the legal consequence - in the form of a reduction or elimination of punishment - that the law attaches to the compensatory conduct voluntarily undertaken by a perpetrator following the completion of an offence, as a result of the remorse experienced by that perpetrator.
