The Legal 500

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The firm

Ketenci & Ketenci is a team of international lawyers, with a top-tier global reputation in both advisory and contentious matters.

Ketenci & Ketenci is a full service leading boutique Turkish law firm offering an international approach. The firm provides high-level legal services to respected high-profile corporate clients based in 86 different countries.

Areas of practice

The main practice areas are corporate, energy, real estate, aviation, competition, litigation, banking and finance, and commercial law.

Project finance/aircraft financing: Ketenci & Ketenci’s Erman M Yurdakul leads the financing team which advises public and private sector clients on various financing projects. It recently advised EDC as a lender for an aircraft financing project in Turkey.

Competition: Ketenci & Ketenci has represented and provided legal assistance to a number of clients before the Turkish Competition Board with respect to sanctions imposed for violating competition rules as well as transaction approvals.

Corporate and M&A: Ketenci & Ketenci’s M&A team handles a high volume of significant transactions, assisting both local and multinational clients. The team includes some of the most renowned M&A lawyers, antitrust experts and certified public accountants. The firm has built an outstanding reputation and expertise in M&As, joint ventures, strategic alliances and a variety of other corporate transactions. Attorneys at law, Güvenç Ketenci and Erman M Yurdakul, are referenced by the clients as ‘very knowledgeable, responsive, practical and solutions-oriented’. Ketenci & Ketenci has recently acted for the purchasers in a share transaction of a joint stock company quoted within the Istanbul Stock Exchange.

Dispute resolution/litigation/arbitration: the firm represents clients before the courts in Turkey relating to legal issues against either private persons or public institutions including tax offices. The arbitration team handles a range of commercial, corporate and finance disputes as well as investment treaty cases before the international arbitration tribunals.

Real estate matters: Ketenci & Ketenci represents high-profile clients in relation to their real estate investments in Turkey and provides significant advice from a Turkish property law point of view in respect to the disputes that may arise. Ketenci & Ketenci has particular expertise in conducting complex multi-jurisdictional transactions, real estate portfolio acquisitions, dispositions and financings, and in the establishment of investment funds and joint ventures.

Shipping, aviation and transportation: Ketenci & Ketenci handles international trade, transportation, logistics and insurance matters. As a dynamic law firm, it is well known for its ship and maritime disputes. The firm also offers comprehensive advice and a unique level of service on contentious matters. It is involved in all aspects of asset financing for clients in the shipping industry and advises a diverse range of international clients including financial institutions, owners and operators. Legal advice covers non-contentious shipping transactions including ship finance and leasing transactions, corporate structures for ship ownership and joint ventures, complex structured financings, ship sale and purchase, ship construction, and securities including mortgage registration.

Debt collection: Ketenci & Ketenci provides efficient, simple and cost-effective solutions to its clients for all debt collection needs against individuals and entities.

Banking, finance and capital markets: Ketenci & Ketenci represents and advises various financial institutions on a range of leveraged financings, lending and security-related deals. It also has broad capabilities in either debt or equity transactions including equity offerings and IPOs.

Energy: Ketenci & Ketenci provides its clients with a full range of legal expertise covering the spectrum of energy sectors including electricity generation and transmission, oil and gas, pipelines and renewable energy. It also provides all requested legal services in the energy sector including M&A, financings, projects, commercial law, environmental law, utilities regulation, project finance and construction law.

Güvenç Ketenci
Erman Yurdakul


Other offices
New York

Member European Lawyers (founding member)

Number of lawyers 40

at this office 10

Above material supplied by Ketenci & Ketenci International legal practice.

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Maintenance And Preservation Of Partnership Structure In M&A Transactions

    The one of the most significant principle in an M&A transaction is "the principle of maintenance of partnership structure" (or the maintenance principle) under Turkish Commercial Code. As is known, result of a merger and acquisition transaction affects two main actors: the first one is the company itself and the second is shareholders of the company in fact maintenance of the partnership structure is a result of the second affect of an M&A transaction.
  • Mediation In Turkey: An Alternative Method For Dispute Resolution

    Mediation as an alternative dispute resolution has been regulated by European Union Directive 2008/52/EC providing the application of mediation for civil and commercial cases in the member states of the European Union ("EU"). In some of the Member States of the EU the mediation is recent and has been regulated short time ago by their national laws and mediation has been enacted by a separate law.
  • Tariff Disputes In Turkey And Alternative Methods For Resolution

    Customs duties can be examined within the scope of two types of taxes which are expenditure tax and excise (Indirect) tax. Customs duty can be described as an expenditure tax. Expenditure taxes are for the services and goods produced sold or consumed. Customs duties are type of excise (indirect) tax as well because taxpayers reflect custom duties to consumer by including the tax into the prices of the goods to be sold. Taxable event, time and who to bear are not certain.
  • The Taxation Perspective In Liquidiation Of Turkish Companies

    As well as the company establishment, an investor may take decision for termination of his/her company or a company's termination conditions stated in the laws may occur such that start of a liquidation process becomes unavoidable for the company. Liquidation process is a period which may take long time and in which a company's transactions and taxation procedures are subject to different terms and conditions than a general operation of company's activities.
  • New Opportunity For The Turkish Energy Market: The Eastern Mediterranean Gas Fields

    The high economic growth of Turkey which has been going on for more than a decade now intensified Turkey's need for more energy. It is estimated that Turkey is going to need a substantial volume of energy which will amount to a 7 % annual growth for the Turkish energy market until the year 2023.
  • Corporate Governance In Turkey: Lessons From The American Experience

    Corporate governance serves as a tool in order to ensure accountability, transparency and responsible management on the part of the enterprises which have increasingly been finding themselves in a more competitive world. Such practice is not only necessary because it results with efficiency in a world where the sine qua non of market survival heavily depends on better and more effective management but also because it mitigates the ill effects of corrupt practices that might develop within the firms.
  • Turkey And Aircraft Financing Junction: Sukuk Issuing

    Despite a slowdown in 2013 with 13% decline by sukuk volume, it is most likely to witness a distinct expand in next year since it will lie beyond Gulf region. UK, Luxembourg and Hong Kong will be hot players in sovereign sukuk market. Sukuk volume boost will predominantly substantiate by corporate issuers operating in regulated markets as a financing tool for their prospective investments. Particularly, extensive need in infrastructure financing will trigger sukuk issuance in the upcoming years. The fundamental reasons for the attractiveness of sukuk are its liquidity, functionality on trade and being rateable in terms of issuer country
  • LNG Market In Turkey

    Currently, the importance of the Liquefied Natural Gas ("LNG") has come to the fore with the discussions concerning the probable problems in natural gas import to the Europe due to the Crimean Crisis. According to the experts' opinion, the LNG import to the Europe may increase in the near future depending on the decrease of the natural gas import. In brief, the LNG plays an essential role as an energy resource.
  • Is Data Exclusivity An Advantage Or An Obstacle For Pharmaceutical Companies In Turkey?

    Turkish pharmaceutical policy has changed radically and made progress starting from the last decade. In the meantime, some controversial topics such as reimbursement, pricing, authorisation, intellectual property rights, and quality and harmonisation process with the EU were and in fact still are the highly disputed issues. As a consequence of EU harmonisation process, patent, data protection and data exclusivity are one of the foremost areas of the debate. Within the framework of bilateral or multilateral agreements (TRIPs, Customs Union Agreement with the EU) Turkey needed to apply the international terms and conditions of patent and data protection
  • Bilateral Investment Promotion And Protection Agreements Of Turkey

    Starting with the trade liberalisation and opening up of the economies world over accordingly, each country has been trying to attract foreign capital through liberalised investment policies. In this connection, foreign investors started to seek investment destinations which provide most protective, hospitable and profitable climate for their investments. Consequently, many countries have entered into Bilateral Investment Promotion and Protection Agreements (BIPPAs) which not only encourage capital flows into their own countries but also provide safe business environment for their own investors abroad. 1 The multilateral trading system is basically an attempt by governments to make the business environment stable and predictable.