Paksoy has advised DW Reusables on the acquisition of Turkish reusable transport packaging companies Etap Enjeksiyon from Ozgorkey Holding and Etap Dogan from Ozgorkey Holding and Daghan Unludogan. Herguner Bilgen Ozeke advised the sellers.
Distribution of assets sometimes leads to disputes between heirs and cause undesirable consequences. In this respect, many people prefer to decide how their estate will be distributed by making testamentary dispositions while they are still alive. Hence, in order to eliminate possible conflicts between heirs or for other reasons, individuals may choose to plan their estate prior to their death, based on personal wishes. Today, more people than ever prioritize estate planning.
On August 23, 2021, CEE Legal Matters reported that GKC Partners had advised Yemeksepeti – the Turkish subsidiary of Delivery Hero, on its acquisition of Turkish online shopping platform Marketyo Bilisim Teknoloji A.S. CEE In-House Matters spoke with Deniz Ozkan Ergun, Senior Manager, Head of M&A Legal (LATAM & MENA) of Delivery Hero to learn more about the acquisition.
On August 11, 2021, CEE Legal Matters reported that BTS & Partners had advised 500 Startups and Qnbeyond Ventures on its investment in Ango AI. CEE In-House Matters spoke with Enis Hulli, General Partner at 500 Startups, to learn more about the deal.
Transfer of shares to a third party may cause harm to the existing shareholders and create undesired consequences for them. For example, share transfer may result in the entry of an undesired third party into the entity as a shareholder. Therefore, shareholders may require strict measures to be taken for protecting the corporate structure of the entity, preventing the entry of undesired third party to the entity, preventing deadlock when reaching a decision, preventing the sale of company’s shares to its competitors, protecting the rights of the minority shareholders, etc.
The Personal Data Protection Authority [“Authority”] has published a public announcement on September 28, 2021, with respect to the collection and processing of PCR test results and information regarding vaccination status being shared with third parties to mitigate potential health risks during pandemic.