Q&A with Dr. Fevzi Toksoy and Bahadir Balki
What do you think about the ‘technology undertaking’ exception to Turkey’s merger control regime?
With the adoption of this exception, the TCA exempts certain transactions involving a takeover of a technology undertaking from the target-wise turnover thresholds. Competition authorities worldwide have long been discussing about tackling the so-called ‘killer acquisitions’. While the German and Austrian merger control regimes have introduced transaction value thresholds in addition to the turnover threshold to achieve similar goals, the TCA chose to make the unique amendment to catch ‘killer’ acquisitions of technology undertakings that engage in the development of valuable products but do not have significant turnover yet. This sui generis approach of the TCA, however, brings along some question marks which are yet to be clarified. Continue reading “Q&A with Dr. Fevzi Toksoy and Bahadir Balki”
EMEA 2023 Legal 500 data: Italy
Doing business in Italy
How does Italy’s complex tax landscape impact foreign companies’ financial structures, including transfer pricing policies, tax incentives, and potential risks of double taxation?
Italy certainly has a complex tax landscape, made up of many jumbled and in some respects unorganised regulations, which complicate its implementation. For this reason the extensive and structured tax reform expected in the coming months is particularly important and should impact significantly both direct income taxes and indirect taxes. Continue reading “Doing business in Italy”
EMEA 2023 Legal 500 data: United Arab Emirates
Types of claims and dispute resolution in a construction dispute
When do construction disputes typically arise and what are the different types of claims?
Construction disputes predominantly arise from issues involving design and engineering defects, delays and cost overruns, among others. Contractual disputes in relation to delays leading to extension of time, disruptions, variations and breach of contract are highly prevalent.1 These disputes can involve multiple complex legal issues such as contractual breaches, insolvency and bankruptcy, concurrent delays, performance bonds, suspension of works, limitation of liability, warranties, restrictions on termination and force majeure. Often in such construction disputes, principles of good faith, time-barring and rules on limitation of responsibility are at play. Continue reading “Types of claims and dispute resolution in a construction dispute”
EMEA 2023 Legal 500 data: Georgia
Doing business in Georgia
What are the key legal and regulatory considerations for multinational companies expanding their operations into Georgia within the EMEA region?
EMEA 2023 Legal 500 data: Albania
Why Albania should be your destination to invest in the energy sector?
Albania, a country in the Western Balkans, located between Greece, Montenegro, North Macedonia and with access to the Adriatic and Ionian seas to Italy, is one of the countries with the greatest potential in terms of renewable energy sources. More than 250 to 300 sunny days a year and numerous water assets, with hot summers and wet winters make Albania the ideal place to invest, especially in the energy field. However, this is not the only reason why Albania should be under your attention to invest, as following this article, we will present you with some of the reasons why investing in Albania is not only necessary, but also the right choice. Continue reading “Why Albania should be your destination to invest in the energy sector?”
EMEA 2023 Legal 500 data: Greece
Interview answers of Helen Alexiou
What role does your firm play in assisting clients with due diligence processes for real estate investments, especially in relation to zoning, land use regulations, and building permits?
AKL Law Firm’s unique approach to legal due diligence for real estate transactions combines title and planning reviews to ensure well-informed decisions for investors. Continue reading “Interview answers of Helen Alexiou”