Law on the Payment by the Ministry of Finance of Medical Device Companies’ accumulated receivables
Dicle Doğan and Fatma Sevde Tan, Gun + Partners
Historically, medical device companies could not receive payments for any products sold to state university hospitals in Turkey. On 6 April 2018, an Omnibus Bill was published in the Official Gazette numbered 30383 (Turkish language), introducing a new payment model for accumulated unpaid debts arising from the purchase of drugs…
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Medical device and pharmaceutical companies could not get payments for products they sold to public university hospitals for a long while. It was the issue of concern how these debts, which disrupted the cash flow of the sector, would be compensated.
On April 6, 2018, the Law numbered 7104 on Amendment of the Value Added Tax Law, Some Laws and Decree Law No. 178 was published (“Law”).”Provisional Article 75″ added to Law No. 2547 of the Higher Education Law with the Law;…
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While Turkey has faced many challenging times over recent years, a wide range of efforts have and continue to be made by the Turkish government to further improve the country’s investment environment.
One such initiative is the recent introduction of a new law, ‘Law on the Amendment of Certain Laws for the Improvement of the Investment Environment numbered 7099’ (the “Law”), which was published in Turkey’s Official Gazette on 10 March 2018 to (i) support domestic and…
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The Industrial Property Code No. 6769 (“the IP Code”) which came into force on 10 January 2017 has been widely welcomed by brand owners as their rights have now been sealed through the introduction of this new Code.
The primary reason for the enactment of the new Code was the cancellation of various articles of the former Decree-laws on IP rights by the Constitutional Court on the grounds of Article 91 of the Constitution, which prohibits regulation of the property rights by…
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This article gives an overview of the new Personal Data Protection Law that entered into force in Turkey in 2016, and the secondary legislation that was subsequently issued. It analyses the most important points under the new legislation and the many obligations that data controllers must now comply with when dealing with personal data.
The article is part of the global guide to data protection and privacy. For a full list of jurisdictional Q&As…
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Under Turkish law, there are two types of procedure in civil proceedings. Written procedure is the main and most common type, whereas the simple procedure, as the name suggests, is a simplified and expedited process. There are two rounds of written submission in written procedure (ie, pleading and response and rebuttal and rejoinder). However, in the simplified procedure, only pleading and response petitions can be filed by the parties. In principle, commercial cases are…
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