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Meeting with The Rt Hon Michael Gove MP

In keeping with the Firm’s policy to serve as a bridge between Turkey and the United Kingdom, the Partners of Karkin & Yüksel have continued to meet with officials and Ministers of His Majesty’s Government in the United Kingdom. Our most recent meeting was with the RT Honourable Michael Gove, MP and Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations. Our meeting took place at the Royal Air Force Club in London. The Partners of

The Rt Hon Dominic Raab MP visits Karkin & Yüksel

Karkin & Yüksel had the honour and privilege to host the Rt Hon Dominic Raab MP, Deputy Prime Minister, Minister of Justice, and former Foreign Secretary of the United Kingdom, for a luncheon meeting at our offices in the Gherkin. As part of our Firm’s policy to adapt itself to London and to create an active bridge between the United Kingdom and the Republic of Turkey, the lunch held with Mr Raab and one of our Advisory Board Members,

Amendments to the Turkish commercial code concerning shareholding and share certificates in companies

An omnibus law numbered 7262 (the “Law No. 7262”) was published in the Official Gazette No. 31351 on 31 December 2020. It introduced amendments to eight different laws and codes including the Turkish Commercial Code No. 6102 (the “TCC”). First, without prejudice to the provisions of Capital Market Law, the companies may be required to keep their commercial books electronically by the Ministry of Trade (Art. 64/4 of the TCC). The commercial books include share ledgers, board of directors’ resolution book

The Free Trade Agreement aiming to boost the trade volume between UK and Turkey

By the end of the transition period, on 29 December 2020, Turkey and the United Kingdom signed the Free Trade Agreement (“FTA”) that took effect on 1 January 2021 to ensure a quick transition period while avoiding any kind of disruption. The formal entry into force of the FTA is subject to ratification by the UK and Turkey pursuant to Article 13.3; it will, nonetheless, apply as of 1 January 2021 while pending entry into force on the basis

Advisory Board meeting of Karkin & Yüksel

  On Friday, 29th January, we were delighted to hold our Advisory Board Meeting online due to pandemic. Our Advisory Board, comprised of highly experienced experts from the legal and business worlds, discussing in detail our objectives, direction and strategy for 2021. We analysed the business, market and industry trends with our board members providing unbiased insights and ideas from an independent point of view. Our respected board members offered their knowledge, understanding and strategic thinking of the legal industry

Karkın & Yüksel are proud supporters of the Bingham Centre for the Rule of Law

Karkın & Yüksel are proud supporters of the Bingham Centre for the Rule of Law which aims to proactively advance the Rule of Law worldwide. As well as donating to the Bingham Appeal, we aim to partner with this leading organisation over the next three years in co-hosting a series of events on pressing Rule of Law issues in national and international affairs. A message from the Bingham Centre: “We would like to thank Karkın & Yüksel for providing vital support to

Karkın & Yüksel partner with the Bingham Centre for the Rule of Law

Karkın & Yüksel, London’s leading Turkish law firm, is pleased to announce a partnership with the Bingham Centre for the Rule of Law (the Bingham Centre), which is part of the British Institute of International and Comparative Law (BIICL), one of the leading independent research centres for international and comparative law in the world. BIICL’s research encompasses almost all areas of public and private international law, comparative law and European law and the Institute is at the forefront of discussions around

Does COVID-19 Constitute a Force Majeure under Turkish Law?

This article is about the applicability of force majeure under Turkish law for liabilities arising from non-performance due to the Coronavirus disease 2019 (the “COVID-19”). First reported in Wuhan, China, in December 2019, the World Health Organization declared the COVID-19 outbreak a pandemic on 11 March 2020. It was reported that, by that time, there were 118,000 cases, more than 4,000 deaths (which was doubled in around one week) and the virus, SARS-CoV-2, had been found worldwide. Many countries including Turkey have

Brexit Transition Period: Turkey & UK Trade Relations in the shadow of Customs Union

The United Kingdom formally left the European Union on 31 January 2020, but there is still a lot to negotiate between both sides of the table. As of 1 February 2020, the Brexit Transition Period commenced during which the parties will negotiate the framework of their future relations. The departure process brought with it many economic uncertainties, including question marks over how the relations between the UK and EU and its other major economic partners, including Turkey, will take shape.

Karkın&Yüksel ranked under Chambers & Partners 2020 Global Guide

It was a great pleasure to see our expertise recognised in the Chambers & Partners 2020 Global Guide where our firm was ranked within the “International & Cross-Border Capabilities in Turkey” category. The Chambers Review is as follows: “An independent, London-based practice with strong roots in the Turkish market. The practice is led by partners Murat Karkin and Cüneyt Yüksel, both of whom were previously leading lawyers practising on the ground in Turkey prior to the firm’s relocation to the