Introduction Squeeze-out and sell-out rights in Turkish capital markets are special legal mechanisms designed to regulate the relationship between a dominant shareholder and minority shareholders in publicly held corporations. In Turkish practice, the squeeze-out right is generally called “ortaklıktan çıkarma hakkı”, while the sell-out right is known as “satma hakkı”. These rights become relevant when […]
Introduction Takeover bids in Turkey are a central part of Turkish capital market law, especially where the control of a publicly held corporation changes. In Turkish practice, the mandatory tender offer regime is known as “zorunlu pay alım teklifi”. Its main purpose is to protect minority shareholders when a person, a company, or a group […]
Introduction Material event disclosure in Turkey is one of the most important obligations of issuers, listed companies, public companies and related parties under Turkish Capital Market Law. In Turkish practice, material event disclosure is generally referred to as “özel durum açıklaması”. It is the mechanism through which market-sensitive information is disclosed to investors, shareholders, creditors […]
Introduction Corporate governance principles for listed companies in Turkey are a central part of Turkish capital market regulation. A company whose shares are traded on Borsa İstanbul is not managed only for the interests of controlling shareholders or board members. It must operate under a transparent, accountable, fair and responsible governance structure that protects investors, […]
Introduction Public disclosure obligations in Turkish capital markets are one of the most important pillars of investor protection, market transparency and fair price formation. In capital markets, investors make decisions based on information disclosed by issuers, public companies, investment funds, intermediary institutions and regulatory authorities. If information is inaccurate, delayed, incomplete or selectively disclosed to […]
Introduction Debt securities offering in Turkey is one of the principal methods by which companies, banks, financial institutions and other issuers raise funds from capital markets. Instead of borrowing only from banks or issuing new shares, an issuer may issue debt securities such as bonds, financing bills, convertible bonds, exchangeable bonds, precious metal bills and […]
Introduction Share issuance in Turkey is one of the most important legal mechanisms through which joint-stock companies raise capital, broaden their shareholder base, enter the public market, finance growth and improve institutional visibility. Under Turkish law, share issuance may occur in different forms, including initial public offering, capital increase, secondary public offering, bonus issue, rights […]
Introduction Settlement agreements between heirs in Turkish inheritance law are among the most practical and effective methods for resolving inheritance disputes without long and costly litigation. After a person dies, heirs may face many questions: Who will receive the family home? Will the inherited real estate be sold or divided? How will bank accounts be […]
Introduction A power of attorney for inheritance procedures in Turkey is one of the most practical legal tools for heirs, surviving spouses, beneficiaries and foreign nationals who need to handle estate matters without personally attending every institution in Turkey. Inheritance procedures may involve courts, notaries, tax offices, land registry offices, banks, municipalities, trade registry offices, […]