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Portfolio Compensation under Turkish Law

PORTFOLIO COMPENSATION UNDER TURKISH LAW When two parties are in a commercial agency (e.g. brokers, exclusive distributors and the like) relationship it is evident that the commercial agent, provided that its endeavours to promote the services and/or products of its client are successful, contributes much to the market presence of its client within the market […]

13:23 , 03/02/2018 Comments Off on Portfolio Compensation under Turkish Law

Decision on Unlicensed Solar Plants

Decision Concerning Unlicensed Generation Applications Relating to Solar Plants which are Connected to the Same Measurement Point with their Consumption Facilities and Treatment of Surplus Energy   In today’s (18.01.2018) Official Gazette a decision of Energy Market Regulation Authority (“EMRA”) has been published relating unlicensed generation applications relating to solar plants which are connected to the […]

01:21 , 19/01/2018 Comments Off on Decision on Unlicensed Solar Plants

Amendment to Unlicensed Electricity Generation Regulation

Amendment to Unlicensed Electricity Generation Regulation  In today’s 17.01.2018 Official Gazette, a regulation (“Amending Regulation”) amending Regulation as to Unlicensed Electricity Generation in the Electricity Market (“UCR”) has been published. This is the fifth amendment of the UCR since its entry into force on 02.10.2013. This update will provide a brief overview as to the […]

19:35 , 17/01/2018 Comments Off on Amendment to Unlicensed Electricity Generation Regulation

An Important Milestone for Public Procurement Tenders in Turkey

An Important Milestone for Public Procurement Tenders in Turkey A very important change on Public Procurement Procurement Tenders in Turkey: Forms of Public Procurement Contracts were amended on December 30th, 2017 with an effect of January 19th, 2018. It has always been a crucial decision for foreign contractors and investors whether to bid for public procurement […]

12:45 , 11/01/2018 Comments Off on An Important Milestone for Public Procurement Tenders in Turkey

Corporate Rescue and Restructuring in Turkey

Corporate Rescue and Restructuring in Turkey In the toughness of commercial life, sometimes businesses may fail due to various reasons which are generally, but not necessarily, related with poor management, bad judgement decisions, lack of internal control mechanisms or a turbulent market environment. When a company reaches to such a stage at which insolvency becomes […]

15:24 , 09/01/2018 Comments Off on Corporate Rescue and Restructuring in Turkey

Kesikli Law Firm Recognized by Legal500 as a Leading Law Firm

Kesikli Law Firm Recognized by Legal500 EMEA as a Leading Law Firm 3 Years in a Row Kesikli Law Firm is proud to be recognized for the third consecutive year by The Legal 500 Europe, Middle East and Africa 2017 edition as a Leading Law Firm in Energy, Real Estate and Construction practice areas. The founding partner, […]

14:58 , 09/05/2017 Comments Off on Kesikli Law Firm Recognized by Legal500 as a Leading Law Firm

Real Estate – Turkey Annual Review – Financier Worldwide

ANNUAL REVIEW 2016 – TURKEY: REAL ESTATE Kesikli Law Firm has been asked by Financier Worldwide to write the Annual Review – Real Estate 2016 – Turkey Chapter.  All chapters, namely the United States, the United Kingdom, Germany, Switzerland, Turkey, Portugal, Russia, India, South Africa, are written by leading real estate law experts and industry specialists. […]

15:09 , 19/07/2016 Comments Off on Real Estate – Turkey Annual Review – Financier Worldwide

Amendments to Unlicensed Electricity Generation Regulation

Introduction Amendments to the Regulation on Unlicensed Electricity Generation in the Electricity Market were finally published in the Official Gazette (29662) on March 23 2016. The Energy Market Authority (EMRA) had published a draft version of the regulation on November 26 2015, which contained three significant amendments shaped by the needs of market players. It […]

15:46 , 30/04/2016 Comments Off on Amendments to Unlicensed Electricity Generation Regulation

Consequences of termination of public procurement contracts

Introduction The Code of Obligations is the general law applicable to contracts and contractual relations. When it comes to certain consultancy, procurement and construction works sought by public entities, specific and strict rules apply to contracts entered into with public entities in that regard. A pre-bid procedure must be conducted and bids must be received […]

17:27 , 29/02/2016 Comments Off on Consequences of termination of public procurement contracts

Energy Sector in Turkey

Energy Sector in Turkey Introduction The government has established ambitious electricity generation objectives based on Turkey’s potential for renewable energy resources. The aim is that renewable energy will supply 30% of overall electricity generation by 2023. The 2023 overall power generation target is 120 gigawatt hours (GWh), which would require an investment of approximately $110 […]

17:13 , 29/02/2016 Comments Off on Energy Sector in Turkey