Turkey Announces the Exceptions of the Agreements Prohibited from Being Denominated in Foreign Currency

As it will be recalled, Presidential Decree No. 85, Amending Decree No. 32 on the Protection of the Value of Turkish Currency (the “Decree”) was published in the Official Gazette on September 13th , 2018 and became effective the same day: According to the Decree; 1) The following paragraph has been inserted into Article 4 […]

Erdem BalkanPartner, Guzeldere & Balkan Law Firm

Regulating Internet Of Things (IoT) :Senate Bill 327 of the United States

On 28th of September, California has passed Senate Bill No. 327 regarding Internet of Things (IoT). IoT can be briefly defined as a broad network in which many devices are sharing information by connecting with each other. As technology rapidly expands, certain matters that are compelling to predict are becoming current issues in the agenda […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Firm Announcement

We are proud to announce becoming a member of the International Society for Military Law and the Law of War as legal counsel The Society was created in Strasbourg (France) in 1956 and has its seat as well as its General Secretariat in Brussels (Belgium) since 1988, currently at the Royal Military Academy of the Belgian Armed Forces.  The Society holds consultative status with the United Nations since 1997.

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Recent Court Decisions Regarding Recovery of Land Registry Fees

As known, although according to Article 7/9 of Law on Transformation of Areas under Disaster Risk numbered 6306 (“Law”) and Article 16/9-ç of the Regulation on Application of the Law numbered 6306 (“Regulation”), transactions of condominium easement establishment, first sale to third parties and etc are explicitly determined as exempt from land registry, the land […]

By-Passing Competition Law: Online Platforms

Digital online platforms -which we are familiar to, such as Google, Amazon, App Store- and their counterparts have been smoothly penetrating to our daily lives whether personal or business related. These mediums stand out with their practical offers which provide for easier, faster and secure access to information and various goods and services.  Since these […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Disabled-Friendly Banking Became Compulsory in Turkey

The seemingly endless discussions on disability discrimination that has lasted for over decades between disabled persons and the regulatory bodies in social life provide countless lessons for those offering services to public commonly. In recent years some private companies and banks have introduced disabled-friendly infrastructure in their services and started to train their employees to […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

Accusations on Elon Musk and Tesla: Is the Market Manipulated?

The increase and decrease in value, when stock shares are in question, affect the conditions of the related market and the decisions of the investors. Recently, the suit filed by Andrew Left, a short seller, to the detriment of Elon Musk, the CEO of “Tesla Motors, Inc.”, displayed the alteration in investor behaviors. Aforementioned change […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law

GDPR and RegTech

Replacing the existing Data Protection Directive, General Data Protection Regulation will come into effect in May 2018. Exactly 3 months ahead for the enforcement, enterprises are currently in a hurry providing the compliances foreseen by the GDPR. This legal change of requirements in the ever growing field of work of personal data, has even produced […]

Şafak HerdemManaging Partner, Herdem Attorneys At Law