On 1 February 2021, the Capital Market Board made an announcement with respect to the proposed amendments to the Communiqué on Tender Offers No. II-26.1 (“Communiqué No. II-26.1”) and published the draft of the Communiqué Regarding the Amendments to the Communiqué on Tender Offers No. II-26.1 (“Draft Amendment to the Communiqué No. II-26.1”) on its official website.

In its decision 4A_332 / 2020 of April 1, 2021, the Swiss Federal Supreme Court dealt with a set-aside motion in respect of the replacement of an arbitrator who was alleged to be biased.

Turkish Constitutional Court’s (the “Court”) decision numbered 2016/6292 constitutes a critical precedent with regard to the violation of the right to property.

The prohibition of dismissal and unpaid leave periods are extended until May 2021.

As of 1 January 2021, the new rules of the International Chamber of Commerce (“ICC”) have entered into force regarding the conduct of arbitration and case management for the arbitral proceedings submitted to the ICC rules.