There are various reasons why a company may decided to transfer one or more of its business lines, such reasons being, not deriving sufficient profit, needing to facilitate the management and specialization of different business lines, or simply because during an acquisition the transferee may not wish to acquire ail business lines of the transferor, instead preferring to exclude one or more of the transferor’s business lines from the scope of the acquisition.
One of the…
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The Turkish government has introduced a new incentive scheme to attract foreign investors in hope that Turkey becomes a key center for pharmaceutical R&D.
Turkey’s pharmaceutical industry ranks as the sixth largest in Europe, and the 16th largest globally (1). Last year, the Turkish Government unveiled plans to position the country in the top 10 most-preferred locations for R&D investment in the pharmaceutical sector by 2023.
Since the creation of the modern Republic…
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I INTRODUCTION
Anti-bribery and anti-corruption, which have not yet strongly differentiated themselves from one another in Turkey, have been a very hot topic in recent times. Society, lawmakers and the judiciary have taken a staunch approach against bribery in their own ways.
Society has raised its voice against bribery and corruption where possible as it regards bribery and corruption as an obstacle to the target of reaching the economic level of developed…
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In April 2011 a trademark application consisting of two words - in which the second word was the trademark (registered worldwide) and trade name of an Italian company - was filed in the name of a Turkish company before the TPI.
Although the Italian company filed an opposition against the application, it was expected to proceed to registration, as the applicant had held a valid trademark registration for the phrase at issue since 1999. Even though this registration was the…
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In an important decision, the Turkish Patent Institute (TPI) has changed its position concerning applications filed in bad faith.
In April 2011 a trademark application consisting of two words – in which the second word was the trademark (registered worldwide) and trade name of an Italian company – was filed in the name of a Turkish company before the TPI.
Although the Italian company filed an opposition against the application, it was expected to proceed to registration, as…
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General Assembly of the Civil Chambers of the Court of Appeals decision, 27 March 2013, Merit No 2013/11-209, Decision No 2013/399
The Turkish Court of Appeals (CoA), upholding a ruling of the Ankara IP court (Ankara 2nd Civil Court of Intellectual and Industrial Property Rights, decision of 24 February 2011; Merit No 2011/15; Decision No 2011/51), recently ruled that if it is determined by an IP court that the defendant filed an application in bad faith to obtain a…
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