Are Employers Entitled to Terminate Premiums or/and Bonuses Unilaterally Under the Turkish Labour Law?
Published 21 Jan, 2020
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Şafak worked in many major projects involving multinational financial institutions during the past fifteen years. His most interesting career started with Eldorado Gold Corporation in Turkey. After his work for Eldorado his legal/administrative skills and analytical talents allowed the highest degree of professionalism for a international law firm’s activities in Turkey.
He was involved in several project finance and fund raising transactions in Turkey, UK and Netherlands. He serves for a worldwide clientele from EU Zone Countries UK, US, Qatar, South Korea, China and Japan.
During the past seven years, Şafak has been the Managing Partner of HERDEM Attorneys at Law and worked for to attract new investors, identify new economic models, turning the new inflow of information into new projects, analyzing sectors in detail and finally helping to establish a wide communication network.
Mr. Herdem has also wide experience on industrial cooperation and assists public authorities in law making progress on regulations. His latest accomplishment was to pioneering to establish a legal committee at Global Offset and Counter Trade Association, a Washington D.C. based NGO and to contribute the crowdfunding regulation of Turkey.
Today as a result of great relationships with both public and private sector entities in Turkey Mr. HERDEM acts as a consultant to governmental bodies and an ambassador of goodwill bridging foreign investment with local Turkish industry and helping to forge new and important commercial alliances.
Mr. Herdem is also acting general partner and arbitrator of American International Commercial Arbitration Court, officer of International Bar Association’s Power Law Committee, founding chairman of European Business Angels Associations Network’s Legal Committee, board member of Crowdfunding Association of Turkey.
Şafak has recently been awarded at London Stock Exchange as a result of his professional skills in financial markets and been invited by OECD to give a speech on financing and by UCLA on security issues. He also gave lectures at Drexel University on innovation partnerships. He has also authored the first and only book on defense procurement regime of Turkey.
HERDEM is an Istanbul based law firm that engages multinational transactions to support business objectives and to transact business in the burgeoning and developing economic environment of Turkey. The firm mainly focuses on investment and corporate deals with added advantage of combination of lawyers, finance experts and project experts that enables the firm to handle the issues from different perspectives in a unique form of legal practice. The Firm’s services are mainly based on transactional, regulatory and litigation matters in aerospace&defense, aviation, technology, life sciences, assistance services with particular emphasis on partner lead management. HERDEM serves a worldwide clientele from EU Zone Countries UK, US, Qatar, Korea, China and Japan. The firm has effective responsiveness and commits to respond within maximum 8 hours wherever the client is located.
Apart from this, HERDEM takes pride in successful track records with winning awards in various transactions. However what distinguishes the firm from its competitors is the way that structure the firm as a company providing clients with services beyond legal counselling. According to the ratios of recent years the foreign client rate of the Firm is 78% that indicates the Firm’s efficiency in the market from foreign perspective.
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