The Lists of Requests Approved by GDMPA MAPEG Tarafından Uygun Bulunan Talep Listeleri The lists dated 22.12.2020, regarding the requests of exploration license, transfer, operating license, renewal and royalty that have been approved by the General Directorate of Mining and Petroleum Affairs of Turkey (“GDMPA“) are published. Maden ve Petrol İşleri Genel…
Short-time Working Allowance Period Has Been Prolonged Kısa Çalışma Ödeneğinin Süresi Uzatıldı Pursuant to Presidential Desion No. 3316 and Presidential Decision No. 3317 published on Official Gazette dated 23.12.2020, the short-time working allowance period and the application period for it have been prolonged. 23.12.2020 tarihli Resmi Gazete’de yayımlanan 3316 sayılı Cumhurbaşkanı Kararı ve…
UK Supreme Court Clarified The Law Governing Arbitration Agreements Birleşik Krallık Yüksek Mahkemesi Tahkim Anlaşmalarına Uygulanacak Hukuka Açıklık Getirdi United Kingdom Supreme Court clarified the choice of law test in determining applicable law of arbitration agreements in its recently issued judgment regarding the case between Enka Insaat Sanayi A.S. (“Enka”) and OOO Insurance Company…
International cooperation in the field of taxation and prevention of tax losses is being carried out with the participation of many countries and it is also pursued by European Union (“EU”) and Economic Cooperation and Development Organization (“OECD”) that Turkey is a part of and international organizations and formations such as G20. As a result…
7256 Sayılı Kanun ile Bazı Alacakların Yeniden Yapılandırılması Introduction of Law No.7256 and Debt Restructuring 17 Kasım 2020 tarihli Resmî Gazetede yayımlanan 7256 sayılı Bazı Alacakların Yeniden Yapılandırılması ile Bazı Kanunlarda Değişiklik Yapılması Hakkında Kanun (“7256 Sayılı Kanun”) ile yeni vergi düzenlemeleri getirilmiş, kesinleşmiş kamu ve diğer bazı alacaklar yapılandırılmış, yeni bir varlık barışı…
New ICC Rules Unveiled Yeni ICC Kuralları Açıklandı The International Court of Arbitration of the International Chamber of Commerce has unveiled revised Rules of Arbitration due to enter into force in January 2021. The ICC International Court of Arbitration is the most preferred arbitral institution worldwide. Now with the new amendments, the Arbitration Rules…
Litigation Funders Formed the International Legal Finance Association Dava Fon Sağlayıcıları Uluslararası Hukuk Finansmanı Birliğini Kurdu Twelve leading litigation finance firms have set up the International Legal Finance Association (ILFA), which aims to represent litigation funders in their dealings with governments, regulators, international associations, as well as professional legal bodies. ILFA is the only…
In England, major litigation funders, claimants and insurers have come together with law firms in order to work on a model documents to be used in litigation funding. The said working group consists of litigation funders such as Litigation Capital Management, Therium and Omni Bridgeway along with insurers and the asset recovery experts. The…
Law on Making Certain Regulations in the Fields of Food, Agriculture and Forestry (“Law”) published in the Official Gazette dated 04.11.2020 and numbered 31294 has entered into force. The second paragraph of Article 8 / İ of Law on Soil Conservation and Land Use numbered 5403 have been repealed by the Article 20 of the…
Vergi Borçlarının Yeniden Yapılandırılmasına İlişkin Düzenleme The Regulation on Restructuring of Tax Debts Toplam 500 milyar liraya ulaşan kamuya olan borçların yeniden yapılandırılmasına ilişkin düzenleme, TBMM Plan ve Bütçe Komisyonu’nda kabul edildi. Düzenlemeye göre vergi ve prim borçları dâhil olmak üzere kamuya olan borçlar yeniden yapılandırılabilecek. Düzenleme; Gelir Vergisi, Kurumlar Vergisi, KDV, Motorlu Taşıtlar…
