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Turkey > Privatisation

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  1. Privatisation
  2. Leading individuals

Leading individuals

Çakmak Avukatlik Bürosu has a strong record advising the Turkish government, state-owned enterprises and investors on privatisation and related matters. It continues to advise EnerjiSA on the privatisation of the Turkish electricity distribution sector, and is also acting for Global Liman Işletmeleri in administrative lawsuits relating to the privatisation of the port of Kusadasi. Mesut Çakmak and Zeynep Çakmak are highly recommended.

Cosar Avukatlik Bürosu has ‘brilliant attorneys who give superb, practical and cost-effective advice’ and have ‘exceptional problem-solving skills’. The team advised the Turkish Privatisation Authority (TPA) on the privatisation of the Turkish Petroleum Refinery Company (Tüpras). Utku Cosar is an ‘outstanding lawyer known for her privatisation work in energy matters’, and Arzu Cosar is also strongly recommended.

Goksu Safi Isik Attorney Partnership provides service that is ‘beyond expectations’, and shows ‘good harmony and teamwork within the firm’. It is advising Aksa Enerji as the successful bidder in the privatisation of the state’s electricity distribution company, Vangölü Elektrik Dağitinm. Ali Göksu and Lale Deliveli show ‘legal expertise, as well as theoretical and practical knowledge’.

Group Law Firm has been extensively involved in privatisation matters including in the electricity and commodity sectors. Founding partner Ahmet Kesli is highly regarded.

Aksan Law Firm is advising on the privatisation of 47 power plants, which is one of the largest ever privatisations in the sector in Turkey. Muhammet Aksan is recommended, as is Mehmet Taş.

Onur Kordel heads Bener Law Office’s privatisation group, which continues to advise a consortium on the highways and bridges privatisation. It also advised on matters in the power distribution sector.

Bezen & Partners has built a strong privatisation practice, where Aykut Bakirci is particularly expert in privatisations as well as regulatory and administrative issues generally. Yesim Bezen is also strongly recommended.

Birsel Law Offices has a solid record advising clients on privatisations, and has experience in the electricity, telecoms and petrochemicals industries. Most recently it has advised potential bidders on upcoming privatisations. Begum Durukan Ozaydin is recommended.

Çaga & Çaga recently represented a client in a dispute with the TPA, which arose from the privatisation of certain concession rights. Barbaros Çaga and Erdem Degerli are recommended.

Esin Attorney Partnership is advising a consortium on the privatisation of Turkish Airlines shares currently held by the government’s privatisation authority. The firm can call on its relationship with Baker & McKenzie to advise on project finance as an adjunct to the privatisation practice. Ismail Esin is recommended.

Hergüner Bilgen Özeke advises corporate and other investor clients on privatisation bids. Ender Özeke, Kemal Mamak, Ümit Hergüner, and Piraye Kuranel all have experience in privatisations.

Özel & Özel’s privatisation practice includes having advised bidders on privatisation in the electricity sector. Haluk Can Özel is recommended.

Paksoy is advising an Italian road operator on the intended privatisation of Turkish toll roads and bridges. Togan Turan heads the practice.

Pekin & Bayar Law Firm is advising the TPA on the privatisation of Halkbank shares through a secondary public offering. Şefika Pekin and Selin Bayar are recommended.

Kemal Serdengeçi and Ahmed Pekin are the names to note Pekin & Pekin for privatisation work, with the team being particularly good on related financings.

YükselKarkinKüçük’s projects group has growing expertise in privatisations, most notably in the healthcare and transport sectors. Cüneyt Yüksel is the main contact.

Akol Avukatlik Bürosu’s Meltem Akol is recommended for advising bidders on privatisation tenders. The group has energy sector expertise and a growing healthcare industry practice.

Cerrahoglu Law Firm’s ‘well respected’ team has a wealth of experience advising bidders on privatisations. Sezin Turan is the main contact.

Ece Güner at Güner Law Office advises investors on privatisations, and has experience in the transport, electricity, oil and gas sectors.

Ismen Law Firm’s two-partner practice continues to advise on the Bosphorus bridges and motoways privatisation. Tolga Ismen is the name of note.

Press releases

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Legal Developments in Turkey for Privatisation

  • Energy Update

    Regulation on Service Quality Regarding Distribution and Retail Sale of Electricity
    - Pekin & Pekin

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Tax dispute resolution options in Turkey

    Pekin & Pekin outlines the tax dispute resolution options for multinationals inTurkey.
  • Mergers & Acquisitions 2013. Chapter 42: Turkey.

    This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of mergers and acquisitions. This article appeared in the 2013 edition of The International Comparative Legal Guide to: Mergers & Acquisitions; published by Global Legal Group Ltd, London. www.iclg.co.uk.
  • The Enforcement and Legal Landscape of Business Crimes in Turkey

    As a rapidly developing market, Turkey's business environment is increasingly becoming susceptible to criminal and fraudulent activities, with elevated levels of enforcement and regulation posing challenges for local and foreign businesses operating in Turkey as well. The growing awareness on conducting transparent businesses in accordance with generally accepted compliance, corporate governance, and accountability principles, may bring about heightened legal hurdles for companies who have to comply with the applicable legal regulations when conducting their business operations.
  • Obligation to have Committees within the Board of Directors of Kazakhstan Joint-Stock Companies

    Pursuant to the Law of Kazakhstan «Concerning Introduction of Amendments and Modifications in Certain Legislative Acts of the Republic of Kazakhstan Regulating Banking Activity and Financial Organisations with respect to Risk Minimisation» dated 28 December 2011 (the «Law of 28/12/2011») a number of amendments were made to the joint-stock company legislation, including Article 53-1 of the Law of Kazakhstan «On Joint-Stock Companies» (the «JSC Law»), which regulates the creation and proceedings of the committees of the board of directors:
  • Client Alert : INDEPENDENT AUDIT UNDER THE TURKISH COMMERCIAL CODE AND THE NEWLY PUBLISHED DECREE

    Auditing of companies has become a significant issue in a globalizing world. Auditing is no longer regarded as a matter which can only be subject to domestic law. Independence of auditors, auditing of auditors and preventing auditors to render any other service other than auditing are amongst the hot topics still debated in the European Union (EU). With the entry into force of the Turkish Commercial Code numbered 6102 of 2011 (Code) on 1 July 2012, a salient step was taken for modernizing the auditing system by introducing principles similar to those existing under the EU regulations.
  • New Regime for Arrest of non-Turkish Vessels

    As  a  result of  the  Turkish Government's continuing efforts to harmonise the country's legislation with  that  of  the  EU  and  to modernise its old laws, some of which dates back to 1925, a new Turkish Commercial Code (the " New TCC ") was passed by the Parliament  and came into force on 1st July, 2012.  The New TCC brings about a major overhaul of the laws of arrest of non-Turkish vessels within the Turkish jurisdiction.
  • New Rules on Incorporation of Jurisdiction/Arbitration Clauses in Charter Parties into Bills of Ladi

    Some of the changes brought by the New Turkish Commercial Code, which came into force on 1st July, 2012, continue to be hotly debated. One such change relates to incorporation of the terms and conditions of charter parties into bills of lading.
  • Understanding Search Engines: A Legal Perspective on Liability in the Internet Law Vista

    This contribution discusses the legal dimension of search engines in an Internet law context, through both a global lens and a Turkish perspective. This paper introduces search engine liability in the growing Internet industry and the role of search engines in distributing and disseminating information. Next, this paper considers a global perspective on the legal dimension of search engines from United States case law, United Kingdom case law, and other European courts and legislation. This contribution then discusses the liability of search engines in the Turkish legal context. The conclusion provides an overall evaluation of the current status of search engine liability and prospective on its potential development.
  • Insurance Update

    Life Group Insurances Regulation
  • Employment Update

    The new Turkish Code of Obligations (Law No. 6098) (published in the Official Gazette dated 4 February 2011 and numbered 27836) became effective on 1 July 2012. The new Turkish Code of Obligations sets out provisions on employment relationship that are in parallel to the Turkish Labour Code numbered 4857 and further stipulates release of employer by the employee.

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