Kayum & Demir Attorney Partnership joins IR as the exclusive Corporate Law Member in Turkey

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Begüm Kayum of Kayum & Demir Attorney Partnership. Begüm has joined IR as our exclusive Corporate Law Member in Turkey. Kayum & Demir Attorney Partnership is a full-service law firm located in Istanbul. We are here to provide highest-quality legal services to our […]

Contract Engineering: Software Development Agreements

Even though software development agreements have been part of the legal practice more than four decades, the multifaceted nature of such arrangements causes long and compelling negotiation processes and disputes between parties. Behind the ordinary private law contract surface, we come across with multidisciplinary core, which contains flavors from International private law, intellectual property law […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Şafak Herdem of Herdem Attorneys takes part in Negotiating Effective Contracts & Dealing with Disputes

QUESTION ONE – Which techniques are typically used by international counterparties in your experience to overcome challenges in the negotiation process? Differences in the cultural and legal background may pose a challenge for negotiation since healthy communication is a must for the negotiation process. Based on our experiences of negotiating international contracts, we find that […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Financing the Commercialization: Corporate Partnerships

For many emerging technology firms financing is a hurdle to overcome. Development costs, requirement of the approval of the regulatory bodies and other activities required for the commercialization of the technology require substantial amounts of capital. Such requirements would result in the necessity of corporate partnerships that are beneficial to both partners. Researchand development partnerships […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Shareholders Agreement: Supplement or an Alternative for Tech Start-Ups?

Shareholders agreement (“SHA”) is widely used in business transactions that include share transfers by newly established firms. Contrary to their popularity, Turkish Law does not stipulate SHAs; they are considered as a private law contracts under Turkish Law. Contents of SHAs and articles of association of a company may be similar however there are various […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

From Engineering to Mastering: Employee Stock Option Plans for Technology Firms

Employee stock option plans are both used in large corporations and small technology firms. Such options are especially beneficial to small firms as they lack the sufficient resources to pay competitive wages to their employees compared to bigger firms. Prevalently used by the firms located in USA, employee stock option plans made its debut in […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

DEBT MANAGEMENT AND FINANCIAL SOLUTIONS

For our clients it is important, by adapting to economic conditions, to manage an economic crisis and to assess the current situation in order to continue commercial life positively by being provided the necessary analysis after consultation. Although each case is unique and needs an original solution and individual features are of critical importance in […]

Cemil Baha ÖZALPPartner, OZALP

IP Centric Joint Ventures Head to Face Questions under Turkish Law

Joint ventures are commercial partnerships that are formed under a separate legal entity or by an agreement by two or more independent entities for the purpose of performing a specific work under the same objective. They are typically established when an entity’s resources are not enough to fund the ventures by itself and need to […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

INCOTERMS

With the updates made in 2010, the 13 records of the “International Commercial Terms (Incoterms)” international transport has been reduced to 11 records. Located in group D and set as the default standard in 2000, DAF, DES, DEQ and DDU incoterms changed these records are reestablished them as DAT and DAP records. Incoterms, in the […]

Cemil Baha ÖZALPPartner, OZALP

A Glance to Privacy Matters in Turkey in February 2019

In this report, our firm have gathered the recent decisions, notifications, announcements and guidelines issued by Turkey’s Data Protection Authority (“Authority”) in February 2019. A Cyber Attack Hits Turkey’s Auto-Leasing Industry Between January 31, 2019 and February 20, 2019, Turkey’s six automobile leasing and rent-a-car companies notified Turkey’s Data Protection Authority (“Authority”) that personal data […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law