INFORMATION TECHNOLOGY LAW (TURKISH, THESIS)
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
THK5311 Mergers, Acquisitions, Demergers and Corporate Groups Spring 3 0 3 8
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: Turkish
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Assoc. Prof. SEDA ÖKTEM ÇEVİK
Course Lecturer(s): Dr. Öğr. Üyesi AYŞE ŞAHİN
Recommended Optional Program Components: None
Course Objectives: In this course, in the extent about its relation with mergers, acquisitions and fission of companies, basic concepts of contract law,company law, capital market law and competition law; mechanisms of capital market authority and competition authority about merger and acquisitions of companies, analyze of institutions specific to competition law and it's aimed to enlighten legal problems which arise in practice.

Learning Outcomes

The students who have succeeded in this course;
I. Student can define basic concepts of contract law, company law, capital market law and competition law in the extent of mergers, acquisitions and fissions.
II. He will recognize capital market authority and competition authority and solve the problems in practice .
III. He can distinguish legal institutions specific to capital market and competition law applicable to mergers, acquisitions and fissions.
IV. At the end of this course, student can explain legal institutions applicable to mergers, acquisitions and fissions.
V. At the end of this course, student acquire the ability to use mechanisms related with mergers, acquisitions and fissions.

Course Content

1st week: Introduction to company mergers, acquisitions and fissions and basic concepts about subject
2nd week: Competition authority, Capital markets authority, permissions to obtain
3rd week: Phase of pre-negotiation, letter of intent and its binding force in Company mergers, acquisitions and fissions.
4th week: Phase of examination, "Due Diligence", its goal and application
5th week: Making of legal, financial and operational examination and price offer
6th week: Phase of negotiation, Share Deal, Conditions
7th week: Recapitulation
8th week: Midterms
9th week: Announcements and commitments of parties and results of breach of these
10th week: Contractual penalty clauses, non-competition clause and remedies to solve disagreements, Permissions of capital markets authority about amendments to the main agreement
11th week: commitment to share agreement, methods of increase of capital in Turkish law,privately and publicly held companies.
12th week: Shareholders agreement, its relation with main agreement, problems in practice, limitations and proposals for resolution.
13th week: Applicable law and remedies
14th week: securities and option contracts
15th week: recapitulation
16th week: Final exams

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction to company mergers, acquisitions and fissions and basic concepts about subject
2) Competition authority, Capital markets authority, permissions to obtain
3) Phase of pre-negotiation, letter of intent and its binding force in Company mergers, acquisitions and fissions.
4) Phase of examination, "Due Diligence", its goal and application
5) Making of legal, financial and operational examination and price offer
6) Phase of negotiation, Share Deal, Conditions
7) Recapitulation
8) Midterms
9) Announcements and commitments of parties and results of breach of these
10) Contractual penalty clauses, non-competition clause and remedies to solve disagreements, Permissions of capital markets authority about amendments to the main agreement
11) commitment to share agreement, methods of increase of capital in Turkish law,privately and publicly held companies.
12) Shareholders agreement, its relation with main agreement, problems in practice, limitations and proposals for resolution.
13) Applicable law and remedies
14) securities and option contracts
15) recapitulation
16) Final exams

Sources

Course Notes / Textbooks: Yok/None
References: - ESİN, İsmail, LOKMANHEKİM, Tunç, Uygulamada Birleşme ve Devralmalar, Beta Yayınevi, İstanbul 2003.
- ASLAN, Yılmaz, Rekabet Hukuku Dersleri, Ekin Yayınevi, 2010.
- GÜVEN, Pelin, Türk Rekabet Hukuku ve Avrupa Birliği Rekabet Hukukunda Birleşme ve Devralmaların Denetlenmesi
-ERDEM, Ercüment, Rekabet Hukuku ile İlgili Makaleler, Beta Yayınevi İstanbul 2007.

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 10
Final 1 % 40
Total % 50
PERCENTAGE OF SEMESTER WORK % 10
PERCENTAGE OF FINAL WORK % 40
Total % 50

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Study Hours Out of Class 16 80
Homework Assignments 14 42
Quizzes 2 16
Final 2 20
Total Workload 200

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Being able to develop and deepen their knowledge at the level of expertise in the same or a different field, based on undergraduate level qualifications. 4
1) To be able to interpret and create new knowledge by integrating the knowledge gained in the field with the knowledge from different disciplines, 5
1) To be able to systematically transfer current developments in the field and their own studies to groups in and outside the field, in written, verbal and visual forms, by supporting them with quantitative and qualitative data. 5
1) To be able to critically evaluate the knowledge and skills acquired in the field of expertise and to direct their learning. 5
1) To be able to supervise and teach these values by observing social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. 5
1) Being able to independently carry out a work that requires expertise in the field. 5
2) To be able to critically examine social relations and the norms that guide these relations, to develop them and take action to change them when necessary. 5
2) To be able to comprehend the interdisciplinary interaction with which the field is related. 4
2) To be able to develop strategy, policy and implementation plans in the fields related to the field and to evaluate the obtained results within the framework of quality processes. 5
2) To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field. 4
2) To be able to develop new strategic approaches for the solution of complex and unpredictable problems encountered in applications related to the field and to produce solutions by taking responsibility. 5
3) Being able to lead in environments that require the resolution of problems related to the field. 4
3) To be able to solve the problems encountered in the field by using research methods. 5
3) To be able to use the knowledge, problem solving and/or application skills they have internalized in their field in interdisciplinary studies. 5