News & Insight
CORPORATE AUTHORITY TO SIGN ARBITRATION AGREEMENTS Arbitration became the natural method for resolving disputes involving international aspects. In addition to this, it is the author’s observation that arbitration agreements are increasingly becoming more popular in the domestic context after establishment of Istanbul Arbitration Centre (“ISTAC”). As the frequency of incorporating arbitration clauses into commercial contracts […]
EU and Iran US’ reimposition of sanctions on Iran remains on the agenda. As is known UN surmised that Iran’s nuclear programme was peaceful and lifted its sanctions. Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and Joint Comprehensive Plan of Action (JCPOA) came into prominence as the international legal framework and Iran had become […]
The European Union has adopted the Renewable Energy Directive which sets the goals for the EU for the production and promotion of energy from renewable sources. This Directive is part of the Clean Energy for All Europeans Package; a new energy legislative framework. New rules will be implemented within 2019 and formation of the Energy […]
In today’s data-driven world, data protection is the rising trend in Europe as a consequence of General Data Protection Regulation’s entry into force on 25 May 2018 in the European Union. With this Regulation the scope of responsibility of data controllers has been broadened and the extent of fines have been increased up to 4% of […]
Amendment to Regulation on Commercial Advertisement and Unfair Commercial Practices (“Regulation”) An amendment to the Regulation has been published in the Official Gazette of 31 August 2018. The Amendment includes an additional sub-clause to the Appendix of the Regulation titled “Examples of Conduct Deemed As Unfair Commercial Practices” under “Section A – Deceptive Commercial […]
Kesikli Law Firm – Recommended and Ranked as a Leading Law Firm in Turkey by Legal 500 EMEA – Four Years in a Row! Thank you! Kesikli Law Firm is proud to be recognized for the fourth consecutive year by The Legal 500 Europe, Middle East and Africa 2018 edition as a Leading Law Firm […]
NEWS ON RENEWABLE ENERGY AREAS IN TURKEY General Directorate of Renewable Energy (“GDRE”) of Republic of Turkey Ministry of Energy and Natural Resources (MENR) announced new candidate Renewable Energy Designated Areas (“YEKA”) on 23/03/2018. Three candidate wind YEKAs are located in Saros, Gelibolu and Kıyıköy. Similarly three candidate solar YEKAs are located in Hatay-Erzin, Niğde-Bor […]
UPDATE ON TURKSTREAM GAS PIPELINE PROJECT The Treaty between the Government of the Republic of Turkey and the Government of the Russian Federation concerning the TurkStream Gas Pipeline Project (“Treaty”) was signed on 10/10/2016. It was ratified by the law No 6765 on 24/12/2016, published in official gazette no 29928 and became effective on 21/02/2017. […]
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 […]
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 […]