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TESVIKIYE CAD, ISMET APT, NO.45 KAT.2, NISANTASI, 34365 ISTANBUL, TURKEY
Tel:
Work +90 212 343 8989
Fax:
Fax +90 212 343 8999
Email:
Web:
www.inal-law.com

Seyma Inal, Founding Partner

Founding Partner Ms. Seyma Inal explains her firm and how it is adapting to the changing needs of her clients.

What do you see as the main points that differentiate Inal Law Office from your competitors?

Always being ready to respond and providing the most efficient solutions by all aspects related to the subject matter, be it legal, industrial, financial, commercial or corporate, are the primary points which make Inal Law different. 

Based in Istanbul and having correspondent offices in Ankara and Geneva, with a network of partners and experts all over the world, Inal Law specializes in providing legal assistance to multinational and international companies as well as banks and financial institutions. Inal Law has been carrying out long term and trustworthy relations with its clients. Inal Law is also providing services to its clients while investing out of Turkey with the assistance of its wide international network as well as its market knowledge.

Thanks to our devotion while providing advice and assistance to our clients and to our continuous success in obtaining the best possible results, most of our clients have been enjoying our services for 25 or more years. Needless to say, we are also enjoying being of help to those long standing friends. In order to maintain our reliability and our clients’ trust in us, we always keep our knowledge up-to-date, while keeping them informed of all the developments related to their fields of business.

Our clients also trust in our litigation team’s expertise and experience in tough and complicated matters and the rating of our office for such major litigation is highly recognized.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

Taking the effects of globalization in the recent years, Corporate and M&A which has always been one of our core practices seems to be still growing.

We are also expecting an increase in our workload in banking and project finance, as many of our clients will still continue investing.

As a newly introduced legal responsibility field in Turkey, protection of personal data, competition practices will be highly growing since they cover almost all sectors.  The introduction of the Law on the Protection of Personal Data and its fast diffusion into the business world have brought Turkey to closer levels with the European and international standards and their relevant practices. We have set up a team in charge of the data protection matters in order to provide our clients with fast and efficient services as well as tailor-made training programs for their adaptation.

And of course, renewable energy, as the most important environmental issue, will certainly be growing within the forthcoming years. 

Being one of the leading shipping law firms, shipping is also expected to grow with new projects and further related investments, while ship recycling is also one of the growing sectors in Turkey and we are expecting a higher number of deals in this area.

What's the main change you've made in the firm that will benefit clients?

Recently, all major laws and relevant regulations are being amended and new ones are being introduced. We have set up a team in charge of following up and reviewing all such changes and new regulations for the purposes of both keeping our knowledge up to date and also keeping our clients informed of such developments. We also organize seminars, trainings and informative meetings for our clients in this respect.

We have always shown a special concern and effort while forming the members of our team to have expert colleagues on every field of law that we are rendering legal services, whereas we have been paying further efforts to keep all of us informed of the current issues being handled by our office to keep up the flow of the business and process the queries of the clients faster and better.

Is technology changing the way you interact with your clients, and the services you can provide them?

The technology, especially in electronic communications, is developing extremely fast. Besides the communication on the services we are providing to our clients, the highly efficient international social media platforms give us the opportunity to inform our clients of all the developments in the legal world that will affect them. We are taking advantage of the technological tools and electronic platforms in interacting with our clients at the possible maximum level.

Can you give us a practical example of how you have helped a client to add value to their business?

Due to the private and confidential nature of our works, it unfortunately is rather not appropriate to give clear examples, whereas we can give some examples of the main deals in topics, where we have helped our clients to add value to their business.

  • We have successfully concluded an M&A deal between two internationally well reputed companies after long and tough negotiations.
  • We have assisted our clients for the purchase of several factories in Italy, which was a highly complicated process involving many different types of procedures, as the factories were purchased from “concordati” by means of public auction and the machinery and equipment in the factories were purchased from the leasing companies. We have been involved in each and every step of the deal, including the establishment of a new company, the release of mortgages, the acquisition and the registration of movable and immovable properties with the local official authorities etc. We have also coordinated the local lawyers during the purchase process.
  • We have successfully conducted the financing and refinancing of various vessels including all the negotiations, preparation of all the relevant documents, the transactions with the banks, the changing of their flags, the release and registration of the mortgages over them etc.
  • We have been involved in the purchase, sale and construction of several yachts and superyachts, especially in the Free Zone as our office is one of the major expert law firms in the Free Zone regulations. We have also been involved in certain litigation matters between the shipyards and the buyers and the creditors.
  • We have also been involved in the enforcement of foreign arbitration awards and court decisions as well as obtaining precautionary attachment decisions during and after the relevant arbitration procedures.
Are clients looking for stability and strategic direction from their law firms? - where do you see the firm in three years time?

It is unquestionable that all the clients look for stability and strategic direction from their law firms. Furthermore, we believe that the most important point they are looking for is reliability, speed and the quality of service they receive, as well as the sense of confidentiality we have created with them.
We, as Inal Law Firm, are really happy with where we are standing from the client, reputation and the quality of legal services points of view, and hope to develop and strengthen our position as a well-established and reputable law firm, rendering excellent services and providing added value to more clients.

Besides our long-lasting relationships with our clients in Europe, UK and America, we are aiming to further develop our network in subcontinent and far eastern countries.

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Quarterly Update on Trade Defense Cases in Turkey (December 2018)

    In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio , is given to the Ministry of Trade ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
  • Capital Markets Board Announces the Draft Communiqu√© on Crowdfunding

    In September 2018, the Capital Markets Board (" CMB ") had issued an announcement on its website, declaring that a secondary legislation for crowdfunding was underway.
  • Turkey Aligns its Medical Device Regulation with the EU Regulation

    In May 2017, Regulation (EU) 2017/745 of the European Parliament and of the Council of 5 April 2017 on medical devices (" EU Regulation ") entered into force, stipulating a transition period for medical device manufacturers to comply with the EU Regulation by May 2020.
  • Opinion of the Court of Cassation on the Contention of Expert Opinion and Expert Report

    The notion of Expert Opinion, which entered into our law through the Code of Civil Procedure ("CCP"), has been a frequently resorted to method of helping to resolve disputes by the parties in our judicial system over the course of time...
  • Arrest of Ships under Turkish Law

    The general principles on maritime enforcement are set out in Turkish Commercial Code ("TCC") numbered 6102. On the other hand, Turkey has ratified the International Convention on Maritime Liens and Mortgages, signed in Geneva on 6 May 1993 and the International Convention on the Arrest of Ships, signed in Geneva on 12 March 1999 and both conventions have been come into force on 25 March 2017. The provisions of these two conventions have already been taken into consideration by the drafting committee of the code, and the relevant provisions have been incorporated into the TCC in preparing the same. This newsletter reviews the principles and provisions stipulated in the TCC for the arrest of ships.  
  • Decision of the Court of Cassation General Assembly on the Unification of Judgments holding that an

    In civil procedural law, a ban on the expansion and alteration of a claim and defense comes with two exceptions; the other party's consent, and "the amendment". The parties may completely or partially amend their proceedings prior to the end of the investigation phase. Provided that the legal requirements are fulfilled, an amendment may be filed without the consent of the other party or the court, since it is a unilateral and express declaration of will directed at the court 1. For instance, the parties may amend the value of the claim, or claim compensation, instead of payment in kind for defective goods.
  • Share Pledges in Joint Stock Companies

    Share pledges in joint stock companies are not specially regulated under the Turkish Commercial Code ("TCC"). Therefore, the provisions of the Turkish Civil Code that regulate the general rule regarding pledges, shall apply. Under Turkish Civil Code Article 954, transferable receivables and other rights may be subject to pledge. The pledge established on a share in joint stock companies is a "pledge right established on the right." A pledge is established on shareholding rights. A pledge on receivables and rights is subject to the principles of movable pledges. (Turkish Civil Code Article 954/2).
  • Updated FIDIC Contracts

    International Federation of Consulting Engineers that is known by the abbreviation of FIDIC (Fédération Internationale Des Ingénieurs-Counseils) launched updated Red Book (the Conditions of Contract for Works of Civil Engineering Construction), Yellow Book (the Conditions of Contract for Plant and Design-Build)) and Silver Book (the Conditions of Contract for EPC/Turnkey Projects) in the "International Contract Users Conference," organized in London in December of 2017...
  • Recent Developments in the Right of Access to Files

    The parties of an investigation that is conducted in accordance with the Act on the Protection of Competition No. 4054 ("Competition Act") may enjoy the right to access the files concerning them that are drawn up by the Competition Authority ("Authority"). The procedures and principles related to use of this right are regulated via Communique on the Rules for Access to Files and the Protection of Trade Secrets No. 2010/3 ("Communiqué"). For the parties, it is very important to exercise their right to access to files properly, since the relevant right has a direct correlation to their right to defense. Therefore, this article focuses on the discussions that may rise during the exercise of the right to access the files in light of the recent Competition Board ("Board") decisions...
  • The General Data Protection Regulation in Force

    The General Data Protection Regulation ("GDPR" or "Regulation")1 that was approved by the European Union ("EU") Parliament and entered into force in 2016 has started to be applied as of May 25, 2018. The GDPR lays down rules relating to the protection of natural persons ("data subjects") with regard to the processing of personal data, and rules relating to the free movement of personal data. With this Regulation, it is intended to protect the privacy of the data subjects more strictly, and to reorganize data privacy laws across Europe. Also, it is worth to note that, international companies, as well as Turkish companies, are under the obligation to comply with the GDPR, provided that their activities fall under the scope of the GDPR.