Focus Corporate With the new promotions, the number of partners at BASEAK rose to 16. Read more New promotions at BASEAK Read more Key Contact Galip M. Selçuk Managing Partner Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership (“BASEAK”) has announced the promotion of two new partners, Özge Akman Özmenlikan and Mahmut Karyağdı. Read more
Focus Careers BASEAK’s corporate and regulation & competition departments are looking for teammates for legal and summer internship positions. Read more BASEAK is accepting applications for 2021 internship position Read more November 2020 At BASEAK, we offer legal trainees the opportunity to gain exposure to high quality work at both domestic and international levels. We also offer trainees a high level of independence and responsibility from the outset to improve as a lawyer. In addition to in-house training and supervision on technical legal skills, trainees are equipped with the tools to be able to develop their understanding of broader local and international commercial issues, and to grasp the cultural nuances of delivering personalized service to clients. Read more
Focus Competition and Antitrust This article will initially study the regulation on factual impossibility and its elements and in the following sections the area of application for factual impossibility per competition law infringements will be examined in detail. Read more BASEAK CORE Papers - Factual Impossibility and Competition Law Read more Key Contact Şahin Ardıyok Partner Reşit Gürpınar Of Counsel Factual impossibility refers to an act in which the defendant purposely intends to commit a crime but the act does not qualify as a crime due to the impractical tools of crime or the lack of material elements of the crime (actus reus). Read more
Focus Corporate Lawyers from Balcıoğlu Selçuk Ardıyok Keki Avukatlık Ortaklığı (BASEAK) prepared for Legal 500 the second edition of the Lending & Secured Finance Country Comparative Guide for Turkey Read more BASEAK lawyers write "Turkey: Lending & Secured Finance Country Comparative Guide" Read more Key Contact Günhan Yalçın Partner Ceyda Aydın Senior Associate Ceren Akkur Bayram Associate The guide, written in an easy-to-read Q&A format, addresses many of the most common questions about Turkish laws and regulations governing secured lending and securities. Read more
Focus Corporate Balcıoğlu Selçuk Ardıyok Keki Avukatlık Ortaklığı (“BASEAK”) advised Hummingbird Ventures CVA and Hummingbird Ventures II CVA (together “Hummingbird Ventures”) on the $1.8 billion sale of Peak Oyun Yazılım ve Pazarlama Anonim Şirketi (“Peak”) to Zynga Inc. (“Zynga”). Read more Balcıoğlu Selçuk Ardıyok Keki Avukatlık Ortaklığı advised on the largest ever announced acquisition of a tech start-up in Turkey Read more Key Contacts Galip M. Selçuk Managing Partner Selahattin Kaya Counsel Özge Akman Özmenlikan Partner As part of the transaction, Zynga will acquire 100% of Peak for $1.8 billion, comprised of approximately $900 million in cash and approximately $900 million of Zynga common stock. The transaction is expected to close in the third quarter of 2020. Read more
Balcıoğlu Selçuk Ardıyok Keki Avukatlık Ortaklığı advised on the largest ever announced acquisition of a tech start-up in Turkey Read more
Focus Maritime The Circular on the Management of Garbage Discharged from Vessels during Covid-19 Outbreak numbered 2020/14 (the “Circular”) has been issued on 10th April 2020. Read more The Circular on The Management of Garbage Discharged from Vessels has been regulated in accordance with MARPOL Annex V Read more Key Contacts Gülistan Baltacı Partner The Minister of Environment and Urbanization has made an announcement on the recently published Circular on 13th April 2020 expressing that, no contact shall be made with the vessels which has returned from voyage and has not been examined for sanitary risks. Read more
The Circular on The Management of Garbage Discharged from Vessels has been regulated in accordance with MARPOL Annex V Read more
Focus Maritime This article will be examining the force majeure clause in terms of its applicability due to the recent coronavirus outbreak in accordance with Turkish Law and the related legislation. Read more COVID-19 and The Force Majeure Clause Read more Key Contacts Gülistan Baltacı Partner On Thursday 30 January, the China Council for the Promotion of International Trade released a statement confirming that China was offering force majeure certificates to local companies unable to fulfil their international contractual obligations due to the coronavirus outbreak. Read more
Focus Corporate Dr. Gökçe Sarısu Kanmaz has joined Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership’s tax practice as of March 2020 as a Partner. Read more A new era on tax law at Balcıoğlu Selçuk Ardıyok Keki Read more Key Contact Galip M. Selçuk Managing Partner Dr. Gökçe Sarısu has more than 15 years’ experience in tax dispute resolution and management of tax controversies at the administrative and judicial stages, representing Turkish and multinational corporations during the tax audits and tax litigation and management of possible tax controversy risks. Read more
Focus Capital Markets This report summarizes equity markets, debt markets and regulatory changes in 2019 in Turkey. Read more Capital Markets Review 2019 Turkey Read more Key Contact Müfit Arapoğlu Partner The Turkish economy emerged from three quarters of negative growth – its first recession In a decade after a painful currency crisis in the summer of 2018 – and continued its gradual recovery to post positive year-on-year growth in the second half of 2019. Read more