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PiYADE SOKAK NO 18, PORTAKAL ÇIÇEGI APT, C BLOK, KAT 3, ÇANKAYA, ANKARA 06550, TURKEY
Tel:
Work +90 312 442 4680
Fax:
Fax +90 312 442 4690
Email:
Web:
www.cakmak.av.tr

Turkey

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 3

Çakmak Avukatlık Ortaklığı

Çakmak Avukatlık Ortaklığı is particularly well known for advising domestic and international financial institutions on project finance and refinancing matters. In one recent highlight, Mesut Çakmak led advice to DenizBank on the $189m capacity increase financing of a theme park in Antalya. Cem Çağatay Orak joined in February 2017; Özlem Kiliz Voyvoda and Naz Bandik Hatipoğlu were made partner in January 2017.

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 3

Çakmak Avukatlık Ortaklığı

Mesut Çakmak and Naz Bandik Hatipoğlu head the corporate and M&A practice at Çakmak Avukatlık Ortaklığı, which is particularly well known for its extensive experience in energy-related work. Recent highlights saw the team lead advice to Rönesans Holding on the sale of some of its shares in the Istanbul PPP Sağlık Yatırım to Sojitz Hospital. The firm’s client roster also includes Gama Holding, Fina Enerji Holding and Agco International.

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Competition
Competition - ranked: tier 3

Çakmak Avukatlık Ortaklığı

Çakmak Avukatlık Ortaklığı handles anti-dumping matters and competition compliance and assists clients with merger filings and notifications. In one recent highlight, the team represented Garanti Bankası in an individual exemption request filed before the Turkish Competition Authority, in connection with sub-licensing agreements for the American Express credit cards payment system. The practice is jointly led by Mesut Çakmak and Cem Çağatay Orak.

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Dispute resolution
Dispute resolution - ranked: tier 2

Çakmak Avukatlık Ortaklığı

Çakmak Avukatlık Ortaklığı is particularly active in energy, construction and projects and handles litigation as well as international arbitration. The practice is led by Mesut Çakmak; Cem Çağatay Orak and Özlem Kızıl Voyvoda are other key figures. Recent highlights include representing Philip Morris in a lawsuit filed against the Turkish Tobacco and Alcohol Market Regulatory Authority in order to attain cancellation of an administrative action against the client. Zeynep Çakmak returned to the firm from GKC Partners in February 2018.

Leading individuals

Mesut Çakmak - Çakmak Avukatlık Ortaklığı

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Energy
Energy - ranked: tier 2

Çakmak Avukatlık Ortaklığı

Çakmak Avukatlık Ortaklığı stands out with its ‘vast industry knowledge’ and wide scope of sector-related work, which includes advice on transactions, contracts, agreements, energy regulation, privatisation and litigious matters. The sizeable team recently assisted ERG İnşaat Ticaret ve Sanayi with the legal aspects of the development, rehabilitation, financing, construction and operation of the Afşin-Elbistan thermal power project. Mesut Çakmak has ‘extensive experience in corporate finance regarding energy projects’. Zeynep Çakmak returned to the firm from GKC Partners in February 2018; Özlem Kızıl Voyvoda and the ‘dedicatedNaz Bandik Hatipoğlu were promoted to partnership in January 2017.

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Project finance/projects
Project finance/projects - ranked: tier 1

Çakmak Avukatlık Ortaklığı

Çakmak Avukatlık Ortaklığı’s practice is led by Mesut Çakmak and represents banks, holdings and developers on project finance and refinancing matters, as well as the development and operation of power projects. Recent highlights include advising ERG İnşaat on the development, rehabilitation, financing, construction and operation of its Afşin-Elbistan thermal power project. The firm strengthened the department with the hire of Cem Çağatay Orak in February 2017 and the promotions of Özlem Kızıl Voyvoda and the ‘outstandingNaz Bandik Hatipoğlu to the partnership in January 2017. ‘Dedicated’ senior associate Mustafa Durakoğlu is experienced in the energy and infrastructure sectors. Zeynep Çakmak returned to the firm from GKC Partners in February 2018.

Leading individuals

Mesut Çakmak - Çakmak Avukatlık Ortaklığı

Zeynep Çakmak - Çakmak Avukatlık Ortaklığı

Next generation lawyers

Mustafa Durakoğlu - Çakmak Avukatlık Ortaklığı

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Further information on Çakmak Avukatlik Ortakligi

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Turkey

Offices in Ankara

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 Communiqué 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.