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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Turkey > Restructuring and insolvency > Law firm and leading lawyer rankings


Index of tables

  1. Restructuring and insolvency
  2. Leading individuals

Who Represents Who

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Balcıoğlu Selçuk Akman Keki’s five-strong restructuring and insolvency practice is led by Özgür Akman, who also heads the dispute resolution department of the firm. The team handles cross-border restructuring, refinancing, liquidation and on litigious matters. Galip Selçuk is experienced in advising management and stakeholders on distressed M&A and corporate restructuring; Barlas Balcıoğlu is particularly active in the banking sector. Doğan Eymirlioğlu and Semih Sander are other key figures.

Hergüner Bilgen Özeke advises on corporate and financial restructuring, bankruptcy proceedings and on M&A-related restructuring. In one recent highlight, the team advised Pirelli on the separation of its Motorsport business into a new entity, as part of the client’s corporate restructuring process in Turkey. Litigators Tolga Danışman and Ayşe Hergüner Bilgen are active in the area; Ufuk Yalçın is also part of the core team.

Experienced, responsive and responsiblePelister Atayilmaz Enkur Law Office is recommended for its advice on operative and financial restructurings. ‘Highly recommendedKerim Pelister has ‘impressive negotiation skills’ and Gökhan Enkür stands out for his ‘expertise, level of service and experience in the field’. Recent highlights include assisting Cigna Corporation with the regulatory aspects of the Turkish leg of its global restructuring project. The client base also includes Shell Turkey and Qatar National Bank.

Results-orientedErsoy Bilgehan Lawyers & Consultants advises clients on financial restructuring, distressed M&A and bankruptcy. Recent work includes advising Kodak on the liquidation of its Istanbul branch. Zihni Bilgehan is recommended for his ‘outstanding know-how and practical commercial approach’; Ergün Ersoy and İlknur Pekşen are the other core members of the team.

Paksoy provides ‘excellent, focused and pragmatic advice’ on insolvency and financial restructuring, and has special expertise in fiscal and tax-related matters. In a recent highlight, M&A-expert Elvan Aziz and counsel Şansal Erbacıoğlu advised longstanding client PSP Investments on all fiscal aspects of a €9.3m debt restructuring.

The insolvency and bankruptcy department at Pekin & Pekin is led by experienced litigator Gökben Erdem Dirican and provides advice on formal insolvency, bankruptcy and restructuring related to cross-border transactions. The team is strong on the contentious side and particularly experienced in the finance sector. The client roster includes debtors, creditors, bondholders and shareholder groups.

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