NEWSLETTER-2021

VI null and void resolutions of the general assembly in joint-stock companies, institutionalization in family businesses and family constitution, and the practice of unforeseen circumstances in EPC contracts. 2021 was quite active when considering the competition investigations issued on the grounds of the increasing costs due to the inflation and currency crisis in our country. We published eight articles in this field and addressed many topics, such as e-marketplace platforms industry review, the Turkish Competition Board’s retailers, WhatsApp and Trendyol decisions, hub and spoke cartels, European Commission fines against banks for participating in a forex cartel, and competition law concerns regarding human resources practices. As a GAR100 listed law firm with a proven track record in international arbitration, we published nine articles and discussed several topics, including dispute resolution in the digital age, the 2020 IBA Rules, UNCITRAL Expedited Arbitration Rules, arbitration of corporate law disputes, and public policy as grounds for refusal of recognition. In addition, we also examined some court decisions, such as the Komstroy decision and the Halliburton decision. Within the field of capital markets law, very significant legal regulations were made. Basic principles regarding the public offering, the practice of green bonds in the World and in Turkey, portfolio management companies and Turkish mortgage-covered bonds were just some of the topics analyzed in our articles. With respect to civil procedure law, we discussed appealing final court decisions, the start of the legal period for electronic notifications in the light of judicial decisions, and also supreme court decisions, such as the unification of judgments decision of the court of cassation on notification law, and a recent decision of the court of cassation general assembly of civil chambers on the conditions of unquantified debt lawsuits. In terms of tax law, we addressed revaluation of immovables, valuable house tax, stamp tax, withholding tax issue in digital advertising services, limitation on financing expense deduction, the tax consequences of failure to fulfill capital commitments payable, valueadded tax aspects of disguised profit distribution through transfer pric-

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