Baker McKenzie and its Turkish affiliate Esin Attorney Partnership have advised Sunset Hospitality Group on a financing round led by Goldman Sachs.

Kinstellar and Potamitis Vekris, working alongside Milbank, have advised Advent on its acquisition of TBI Bank from 4finance Holding. Koutalidis, working with White & Case, advised 4finance Holding. Arendt reportedly advised Advent as well.

The European Accessibility Act (EAA), approved in 2019, takes effect on June 28, 2025. The Act requires a wide range of products and services – such as consumer electronics, vending machines, websites, and mobile apps – to meet accessibility standards for people with disabilities.

Ege Attorneys at Law has joined forces with former Cigdemtekin Cakirca Aranci Partner Tuna Cakirca and her team to form Ege Cakirca.

Turunc has advised Lycian Capital and Maxis on their joint investment in Sneaks Up. Sole practitioner Ebru Kiper Demirhan advised Sneaks Up.

White & Case and its Turkish affiliate GKC Partners have advised Dream Games on an equity investment from CVC. Latham & Watkins and Paksoy advised CVC.

Paksoy, working with Willkie Farr & Gallagher, has advised CEVA Logistics on its USD 440 million acquisition of Borusan Tedarik.

Keco Legal has advised the shareholders of Teknochem & Atech Proses Group in the sale of their industrial water treatment business to Aquaprox Group. Ege advised Aquaprox Group on the deal.

The insurance arbitration system is an alternative dispute resolution mechanism aimed at resolving disputes arising from insurance contracts more quickly and efficiently, without resorting to the courts.

Former Visa Senior Regional Counsel for South Eastern Europe Basak Gurbuz has joined Alliance Healthcare Turkiye as its new Director of Legal Affairs and General Counsel.

Merve Akkus and Elif Yaver have joined Tunc, Firat, Dereli's Corporate and M&A group as Partners.

Former Turcas Petrol Chief Legal Officer Eda Yuksel has joined Dogan Holding as its new Chief Legal Officer.

White & Case Turkish affiliate law firm GKC Partners has advised Zorlu Enerji on the USD 100 million tap issuance of senior guaranteed sustainability-linked notes due 2030. Baker McKenzie and its Turkish affiliate law firm Esin Attorney Partnership reportedly advised on the transaction as well.

The ultimate aim of judicial proceedings is to resolve disputes substantively and eliminate legal uncertainty between the parties. The most critical phase of this process is the “judgment”, which constitutes the final decision rendered by the courts. However, although a judgment is a decision that concludes the trial, in some cases, it may not produce legal effects, meaning it is considered “ineffective”.

The final and binding nature of arbitral awards provides legal predictability to the parties while also allowing for the possibility of material errors or omissions in the arbitral decisions.

Contributed by Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership.

Turunc has advised Laboratoires Vivacy on a partnership with Burgeon Biotechnology. Allen Overy Shearman Sterling's Turkish affiliate law firm of Gedik Eraksoy reportedly advised Burgeon.

The Decision Amending the Decree No. 32 on the Protection of the Value of Turkish Currency (the “Decision”), published in the Official Gazette on March 15, 2025, has introduced significant changes to the financial regulations in Turkey. In this context, let us examine the newly introduced regulations and the updated provisions together.