SSS · Transaction Advisory

How are our trade secrets protected during the review?

The review runs on a confidentiality agreement and on staged disclosure: the most sensitive material is opened only at later stages, once the transaction has shown it is real. The NDA carri…

Updated · July 20261 min readCategory · Transaction Advisory
Short answer

The review runs on a confidentiality agreement and on staged disclosure: the most sensitive material is opened only at later stages, once the transaction has shown it is real. The NDA carries binding obligations and a penalty clause under the Turkish Code of Obligations (No. 6098), and unlawful disclosure of a trade secret can also give rise to liability un…

The review runs on a confidentiality agreement and on staged disclosure: the most sensitive material is opened only at later stages, once the transaction has shown it is real. The NDA carries binding obligations and a penalty clause under the Turkish Code of Obligations (No. 6098), and unlawful disclosure of a trade secret can also give rise to liability under the unfair competition provisions of the Turkish Commercial Code (No. 6102).

Critical data — pricing, the customer list, a production method — is where necessary opened only into a clean team that the advisers alone can reach. Data room access is logged throughout. Where the buyer is also a competitor, further layers of protection are applied. The point of all of it is that as the process advances, the information asymmetry it creates does not end up working against you.

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This content is for general information only and does not constitute legal advice. Please contact our team for an assessment of your specific circumstances.

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