The Legal 500

SÜLEYMAN SEBA CADDESI, SIRAEVLER 55, AKARETLER, 34357 BESIKTAS, ISTANBUL, TURKEY
Tel:
Work +90 212 310 1800
Fax:
Fax +90 212 310 1899
Web:
www.herguner.av.tr
Email:

The firm

Hergüner Bilgen Özeke (Hergüner) is one of the largest, full-service law firms in Turkey, representing major global, international and local corporations and private clientele, multilateral financial institutions and other notable international enterprises. Major practice areas include: corporate law, mergers and acquisitions, banking and finance, capital markets, project finance, dispute resolution, energy and infrastructure, competition, intellectual property, information technology and telecommunications, real estate, labour and employment, tax, and transportation and aviation.

Areas of practice

Corporate/M&A: Hergüner is among Turkey’s leading firms in expertise and the firm advises on major international transactions, including Verbund’s sale of its shares in Enerjisa to E.ON; SK Holdings VC fund formation and Telecity in acquiring a hosting market share leader. Hergüner meets the needs of corporate clients, and has longstanding relationships representing private equity houses and with such global clients as BP Gaz, A.S. and the Danone Group. The firm leads the way in assisting clients in acquiring new market shares and in forming joint and other venture investment companies.

Banking, finance and capital markets: Hergüner is lead or co-counsel for prominent finance projects that include corporations as clients in connection with multibillion-dollar financing projects. Hergüner advises on offerings, especially on first-of-a-kind bond offerings. Projects include advising: Ziraat Leasing’s bond offering for TL150m; Ziraat Bank in multimillion-euro financings and Enerjisa’s energy projects through facilities for €5.5bn.

Energy and infrastructure: Hergüner offers innovative financial and contractual structures on the market’s leading projects. The firm acted in two ground-breaking BOT Model infrastructure projects, which were the largest non-recourse project financings to close this decade. The firm represents the principals in the largest infrastructure construction projects in Turkey’s history, including the Gebze Izmir Road Project, which will include Europe’s longest suspension bridge, and the Istanbul Straight Road Tunnel Crossing project which will connect two continents, Asia and Europe. Hergüner advises on key nuclear power plant projects, such as on the Sinop Nuclear Power Plant in Turkey and on TAQA’s proposed lignite coal mines and on oil and gas, and mining issues.

Dispute resolution: Hergüner represents major clients in litigation and arbitration, and defends companies in the construction, infrastructure, FMCG, retail and petroleum sectors. The firm attained the bankruptcy decision against Goldas A.S., a retail gold leader, in favour of three international precious metal providers who were owed multimillion-dollar USD receivables. Hergüner handles enforcement of foreign arbitral awards, set aside proceedings and ICC arbitrations and represents top clients, such as one of the world’s top-five resin producers.

Competition: remains a strong point for Hergüner as the firm provides advice on complex competition law-related matters to such clients as Essilor, UPS, Brooks Brothers, Camargo Correa, Getinge Group & Valeo S.A.

Real estate: Hergüner is a ‘stand-out’ award-winning firm representing the world’s leading international retailers, real estate funds and developers based in the US, Europe, UAE and local players in development projects, including large-scale shopping centers, offices, residential complexes, urban regeneration projects, city-size tourism facilities, commercial leases and port development. Clients include: Pramerica, VastNed, Merrill Lynch, Extensa, ECE and ADIA.

Intellectual property, technology and telecommunications: Hergüner represents such clients as Barco NV, DP World, NBC Universal and engaged in the due diligence of a major Turkish digital platform operator for the benefit of a strategic investor in the media. The firm specialises in licence applications, operators’ interconnection, roaming and other services, and has well-established relationships with such content providers as NEC, Nikon and Panasonic.

Contacts
Ümit Hergüner (senior partner)
Ayse Hergüner Bilgen (co-managing partner)
Ender Özeke (co-managing partner)

Languages
English
French
German
Greek
Turkish

Member
World Law Group
International Attorneys Club
International Bar Association
American Bar Association
US European Network

Number of lawyers 98

Above material supplied by Hergüner Bilgen Özeke.

Legal Developments by:
Hergüner Bilgen Özeke

  • TURKISH CIVIL PROCEDURE AT A GLANCE

    Dispute resolution and settlement procedures are becoming increasingly important in this time of global financial crisis, particularly in the commercial field. Consequent to the need for specialized legal counsel to prevent further disputes by structuring investments and partnerships appropriately, post-transactional litigation advice and insight into Turkish procedural law applicable to dispute resolution have become more relevant to foreign investors in Turkey. This article provides a general overview of the Turkish judiciary's structure, as well as a summary of the fundamental principles of Turkish civil procedure.
    - Hergüner Bilgen Özeke

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Abuse of Dominance on Dependent Companies under Turkish Commercial Code

     
  • The Latest Tax Amnesty in Turkey: Law No 6552

    Turkish parliament has enacted the Law No: 6552 that has been promulgated as of September 11, 2014 and provides restructuring for unpaid tax debts and administrative penalties. 
  • Pitfalls in Financing the Renewable Investments in Turkey

    In 2012, OECD has reported that economy-wide transformation will require cumulative investment in green infrastructure in the range of USD 36-42 trillion between 2012 and 2030, i.e. approximately USD 2 trillion or 2% of global GDP per year. Today more less is being invested annually. Therefore, a remarkable investment gaps exist that needs to be addressed.
  • Land Allocation for Renewable Market in Turkey

    Turkey aims to utilize its energy potential, including renewable sources in a cost-effective manner. Today, Turkey targets the share of renewable resources in electricity generation to be at least 30 % by 2023. To meet this, current incentive mechanism for renewables relies on feed-in tariff mainly in solar and wind power. Numbers of renewable energy projects have been increasing since 2010 in Turkey.  After energy revolution in 2010, remarkable deals have been substantiated in the last years. There have been several projects pending before administrative authorities to be approved. However, numbers of the projects are still not at the desired level. 
  • Procurement Mechanism in Turkish Defense Industry-I

    In the field of defense industry, a new system of governance has been established through the Law#3238 ratified in 1985 in order to realize planning and coordination, taking quick decisions and execution (especially for  imports, exports, modernization, research and development, mutual trade, finance) in the government of highest level. Also the basic aim of law is explained as the development of a modern defense industry and ensuring the modernization of the Turkish Armed Forces.
  • The Procurement Principles in Turkish Defense Industry

    In Turkey, many of the governmental authorities shall apply to procurement of goods, services or works under Public Procurement Law #4734 (PPL). In the same manner, the contracts in public purchase of goods, services and works refer to this law's "contract principles" indicated in the Public Procurement Contract Law (#4735) (PPCL). But it had better to lay emphasis on an exception for defense issues under law#4734.
  • Renewable Energy in Turkey: An Overall Analysis on Opportunities and Risks

    The popularity of energy market has been maintaining its importance also this year like in the last decade.  As the result of the open up of the private sector, all energy related industries has been grown up as the legal infrastructure contributed to get it.
  • Off-Shore Banking in Turkey

    The turning point for regulating the market dates back to 2001 for Turkish banking industry after a major banking crisis in Turkey. The remediation efforts of government authorities have been supported by private banks and Turkey has had a new code on banking ( Law No 5411) in 2005. The Banking Law set out many provisions in depth however the offset banking was not promoted as it has never been a well regulated trading activity in Turkey. In this article you will find more about offshore banking in Turkey from legal perspective.
  • New Directive on Aircraft Nationality and Registration Marks in Turkey

    Directorate General of Civil Aviation the regulatory body of civil aviation in Turkey, has promulgated a new Directive on aircraft nationality and registration marks on 12 September 2014 aiming to meet the requirements of Annex-7 of ICAO that will be applied to all existing registered or future registered aircrafts on DGCA registry.
  • Turkish Defense Industry: A Step Towards a Nation-Oriented Production