Özgün Law Firm

Özgün Law Firm

News

Filter; ALL

CORONAVIRUS TAKES TOLL ON GLOBAL M&A AS $1 BN DEALS DISAPPEAR

For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide last week, according to data provider Refinitiv, as the new coronavirus stifles global M&A.

TURKEY BARS FIRMS FROM LAYING OFF WORKERS AMID PANDEMIC

Turkey has barred employers from laying off workers during the COVID-19 pandemic, a top government official said on April 16.

TURKISH PARLIAMENT GOES ON RECESS UNTIL END OF MAY DUE TO COVID-19

The Turkish Parliament is going on recess until early June after a number of key bills in the fight against the pandemic has been approved, with expectations that it will resume its works on June 2 after Eid el-Fitr.

NEW REGULATIONS ON SHIP WASTE SERVICES IMPOSED

Turkey on April 13 issued new directives to its coastal provinces on waste management of incoming non-domestic ships amid the global coronavirus pandemic.

LAW ON VIOLENCE AGAINST HEALTH WORKERS ADOPTED

Law on Violence against health workers adopted with support of five parties.

TURKISH PARLIAMENT PASSES PENAL REFORM LAW

Penal reform bill ratified by Turkish Parliament.

TURKEY TO BAN LAYOFFS FOR THREE MONTHS TO EASE COVID-19 IMPACT

The Turkish government is planning to ban layoffs for three months in a bid to protect those lacking job security and to ease damages to the economy due to the coronavirus outbreak, according to a draft legislation.

TIME-LIMIT FOR APPLICATION WITH ECHR EXTENDED FOR TWO MONTHS

The exceptional measures taken by the Court from Monday 16 March 2020 onwards, in the context of the global health crisis, have now been extended.

OIL PRICES AT 17-YEAR LOWS AS VIRUS RAVAGES WORLD

Oil prices extended losses in Asian trade on March 30 and languished at 17-year lows, with the coronavirus crisis escalating around the world and no end in sight to a vicious price war.

BANKS REGISTER $2.4 BLN NET PROFIT IN FEB-JAN

Turkey’s banking sector recorded 15.1 billion Turkish liras ($2.4 billion) net profits as of end-February, the country's banking watchdog said on March 30.

GLOBAL M&A DWINDLES AS CORONAVIRUS BATTERS WORLD'S ECONOMIES

GLOBAL M&A DWINDLES AS CORONAVIRUS BATTERS WORLD'S ECONOMIES

MASS PRODUCTION OF RESPIRATORS BY TURKEY

Turkey launches mass production of respirators.