Boden Law > Istanbul, Turkey > Firm Profile

Boden Law
Levent Loft 1 Buyukdere Cad. No:201
D:27 34394 Levent / Istanbul
Turkey

Turkey > Energy Tier 1

Boden Law houses a broad practices which is home to a ‘highly capable’ team. Led by Değer Boden, the team has experience in handling a wide range of mandates, involving project financing, engineering procurement and construction contracts, and M&A. Ceren Saraçgil is noted for her depth of experience within the energy sector and her understanding of the regulatory landscape. İnanç Akalın is a key name within the team, and is noted for his expertise in construction related issues

Practice head(s):

Değer Boden

Other key lawyers:

Testimonials

‘Değer Boden is a forthcoming legal advisor in the energy domain.’

‘The team at Boden Law is highly capable in the wide scope of the energy domain.’

‘The firm stands out for its close contact with local and international markets. Boden Law is an up-to-date source of legal advice in many areas of energy and in many alternative markets.’

Key clients

Statkraft Enerji A.Ş

Borusan Enerji

Sanko Enerji A.Ş.

Gunvor

Aksa Enerji

Talesun Solar Switzerland AG

Engie

Kolin

Steag

Axpo International

Axpo Turkey

Hitachi Energy Turkey Elektrik Sanayi Anonim Şirketi

Entek Enerji Üretimi A.Ş.

Aalborg

Work highlights

  • Represented a Turkish energy company regarding the potential acquisition of 60 MWe wind power plants.
  • Represented a European energy trader in two fuel purchase financing transactions and its security packages on floating fuel to be stored in two different storage facilities in Turkey.

Turkey > Project finance/projects Tier 3

An energy powerhouse, Boden Law is noted for its track record in projects within the power, oil and gas, and mining and minerals spheres. The group predominantly acts for energy and construction companies, with significant experience in cross-border projects. The practice is co-led by energy and arbitration specialist Değer Boden; technology and arbitration partner Sinem Mermer; and İnanç Akalın, who focuses on real estate.

Practice head(s):

Değer Boden; Sinem Mermer; İnanç Akalın

Testimonials

‘The team is very capable and experienced in energy EPC projects. ’

‘Partners are always hands-on in projects which differs them from other law firms. They always attend meetings and share fruitful opinions. They insist on the right legal approach and have good negotiating skills with the opposite party.’

Key clients

Aksa Doğalgaz (Aksa Naturelgas)

Talesun Solar Switzerland

Sanko

Gildemeister Energy Solutions

Borusan

Steag

Aksa Enerji

Kolin

Engie

Gunvor

Aalborg CSP

Hitachi Energy Turkey Elektrik Sanayi Anonim Şirketi (Hitachi Energy)

Work highlights

  • Advised a European energy trader on fuel purchase financing transactions, and security packages on floating fuel to be stored in two different storage facilities in Turkey, worth $225m and $80m respectively.
  • Advised a China-based solar panel manufacturer on its exit from a solar power investment in Turkey, including all transaction agreements, with an investment value of $64m.
  • Advised a Turkish client on its EPC contract and financing regarding a natural gas fired power plant in Uzbekistan.

Turkey > Commercial, corporate and M&A Tier 4

The team at Boden Law displays particular strength advising domestic and multinational corporates in the energy and tech sectors, on transactional and day-to-day matters. The practice is led by founding partner Değer Boden, who manages M&A and regulatory issues; senior partner and experienced litigator İnanç Akalın; and Sinem Mermer, who assists clients with tech industry issues.

Practice head(s):

Değer Boden; İnanç Akalın; Sinem Mermer

Testimonials

‘Değer Boden is one of the most respected lawyers specialising in the energy sector.’

Key clients

Statkraft Enerji A.Ş.

Sms Group Metalurji Servis Sanayi ve Ticaret Ltd. Şti.

RSB RG Pty. Ltd

Sanko Enerji Sanayi ve Ticaret A.Ş.

Axpo International SA and Axpo Turkey Enerji A.Ş.

Siemens Sanayi ve Ticaret A.Ş.

Duckt OÜ

Talesun Solar Enerji A.Ş.

Tosyalı Holding A.Ş.

Global Catering

Engie Enerji Ticaret ve Pazarlama A.Ş.

Entek Enerji Üretimi A.Ş.

Work highlights

  • Represented a leading Turkish energy company regarding the potential acquisition of the client of a 60 MWe wind power plant.
  • Represented a hardware technology company operating in the micromobility sector, in its sale to Acton Inc.
  • Represented the client regarding its potential acquisition of 54,4 MWm/50 MWe wind power plants.

The Firm: Boden Law is a top tier, full-service law firm based in Istanbul which represents and provides legal advice to clients in various sectors with a particular focus on energy, technology, natural resources, real estate and infrastructure. With the understanding of complex dependencies between and within these sectors, the firm offers a unique service. Boden Law differentiates itself with its industry specific expertise and its solution-oriented approach which has made it the go-to law firm for niche and complex legal issues. Boden Law has established itself as a future-oriented firm in the legal market thanks to its impressive capacity to identify the future’s issues today and to tackle these issues head-on. The firm is dedicated into providing high-quality legal services with the strength it gets from the comprehensive know-how accumulated in over a decade.

Boden Law provides advice and representation particularly with respect to cross-border transactions (relating to Turkish and non-Turkish targets), project development and finance transactions, mergers & acquisitions, joint ventures, privatizations, concessions, public service contracts, alliances, and dispute resolution with special emphasis on arbitration.

Given the complexity of energy matters and the amounts at stake, energy companies and financial institutions seek a legal team that has a proven track record. Boden Law has a team of specialist lawyers with a high degree of expertise in Turkish energy law including energy markets’ regulations. Our team is pre-eminent in successfully representing energy companies/financial institutions in their electricity and gas related projects including but not limited to project finance, EPC and O&M contracts, M&A and energy trade transactions including tolling agreements, derivative transactions and physical energy trade transactions as well as energy disputes (both arbitration and litigation).

The firm is highly regarded with respect to energy sale contracts and has unparalleled experience in commodity trade and EFET agreements (advised EFET in adapting its master electricity and gas trade agreements into Turkish law). The firm is also highly regarded for its expertise in solar and wind power plant projects.

Boden Law delivers various trainings and workshops with regard to specific energy related issues in the market. In energy projects, you need a team that really understands the international and local energy industry. Boden Law trains our lawyers to ensure that we are fully knowledgeable of local and international markets and trends in all the relevant energy markets. Every year, our lawyers are trained 3 months at EFET, Brussels to better understand European energy markets. We are proud to have the most experienced and well-recognized energy practice in Turkey.

Boden Law adheres to the development of the Turkish energy, technology and real estate market. Boden Law is also dedicated to increase the knowledge in the society. With this aim, Boden Law established Boden Academy in 2014 as a platform where diverse, inaugurating and creative legal, political and strategical topics are discussed. We are embodying within our academy highly reputable international experts and academicians (http://boden-law.com/boden-academy/).

Boden Law also has extensive experience in Turkish energy, real estate and infrastructure industries where the concession models have been mostly used. Our team has specific experience in highway, port and hospital projects and various Public Private Partnership (PPP) projects both in the transactional side and the dispute resolution side.

Senior Partner (Head of Real Estate and Infrastructure Group) İnanç Akalın has significant experience in real estate law, zoning law and highway, port and hospital projects and various PPP projects. His experience includes EPC agreements, FIDIC agreements, construction agreements, lease agreements, administrative applications, and complex real estate transactions. He took part in many port projects such as APMT container port in Aliağa, DP World Yarımca container port, sale of Kumport. His expertise includes port operation agreements. He also took an active part in negotiations with governmental authorities.

Boden Law also advises clients on their technological investments with a special emphasis on fintech, AI, data automation and biotech. The firm provides legal services to technology companies, as well as corporate clients investing in technology, contracts, merger and acquisitions projects, international growth, as well as on compliance matters with an emphasis on e-commerce, product liability, data protection and cyber-security while maintaining a commercial mindset and tech-savvy approach. Boden Law has a unique position in this area as we combine our understanding of global economic landscape and implications of technological advancements with our experience in handling complex international projects. Partner (Head of Technology Group) Sinem Mermer brings a wealth of experience and expertise in advising clients on technology matters. With a proven track record of handling complex international projects, she combines her understanding of technological advancements with her practical approach to provide clients with comprehensive and strategic legal advice.

In addition to its expertise in energy, infrastructure, real estate, technology and mining, Boden also provides day-to-day legal services to its clients including but not limited to corporate law, employment law, contracts law issues. Boden advises many international and national clients which lack in-house law departments as if their in-house counsel in daily legal problems.

Areas of practice
Banking and finance, distressed financing: 
Boden Law advises on complex financial transactions including project and infrastructure finance, acquisition finance, asset finance, real estate finance, bilateral and syndicated lending, Islamic finance, derivatives and structured finance and other types of lending. Boden Law represents creditors, equity investors and other related parties in corporate reorganizations, distressed situations, bankruptcy cases, and their related financing. Assignments include out-of-court restructurings as well as bankruptcy litigation. The firm also advises prospective purchasers and investors in various cross-border restructuring, insolvency, distressed asset acquisitions and investments and distressed debt transactions.

Corporate and commercial legal advisory: Boden Law provides day-to-day counseling, re-organizations and legal services on corporate and commercial law matters. Boden Law advises foreign clients in the establishment of their direct investment vehicles including selection of the entity and the establishment of their businesses. The firm also advises to deep-tech technology companies for their corporate planning of investment rounds as well as expansion plans.

Dispute resolution and arbitration: Boden Law includes a team of expert litigators specialized in key practice areas including contractual disputes, corporate litigation, administrative litigation, creditors’ rights and bankruptcies. Boden Law also represents its clients in investment and commercial arbitration, mediation and enforcement of foreign arbitration awards in Turkey. The team consists of partners with international experience in arbitration matters.

Energy advisory: Boden Law provides specific expertise in energy and natural resources (including metals and mining). As being one of its major practice areas, Boden Law represents its clients under energy mergers and acquisitions, commodity trading, energy and infrastructure projects, energy regulatory and compliance advice, renewable energy and energy dispute resolution. With its expansion to technology sector, Boden Law provides insightful legal advice to energy companies for their digital transformation and investments in new technologies including block chain, smart contracts and Internet of Things (IoT).

Mergers and acquisitions, joint ventures and alliances: Boden Law has extensive experience in the full range of merger and acquisition transactions including public or private company mergers, acquisitions, spin-offs, mergers and de-mergers. The transactions range from mergers and acquisitions including asset and stock acquisitions, to joint venture or strategic partnership transactions.

Project development and finance: Boden Law specializes in project development and finance specifically in the energy, construction, chemicals, metals and mining and infrastructure sectors. Boden Law provides a full range of leading edge contentious and non-contentious regulatory, commercial and transactional advice under this area.

Real estate: Boden Law has extensive experience in real estate law and zoning law. Boden Law has significant experience in major infrastructure and superstructure projects such as highway, port and hospital projects.

Technology and innovation: Boden Law provides legal services on compliance matters, technology contracts, complex merger and acquisitions projects, international growth, data protection and cyber-security while maintaining a commercial mindset and tech-savvy approach.

Boden Academy: With the aim of creating a bridge between theoretical knowledge and its practical application, Boden Law established Boden Academy in February 2014. Boden Academy aims to provide expert advice on law and policy in the fields of various areas and to build a bridge between different sectors and law with an inter-disciplinary approach. It is a unique discussion forum and a ‘think tank’ in which contemporary and innovative legal issues affecting the global and local markets are discussed. With the valuable contributions of prominent sector practitioners and scholars, Boden Academy organizes conferences, seminars, training, workshops and publishes reports and periodicals.

 

 

Department Name Email Telephone
Commodity Trading Değer Boden dboden@boden-law.com
Construction İnanç Akalın iakalin@boden-law.com
Dispute Resolution and Arbitration Değer Boden and Sinem Mermer dboden@boden-law.com
Energy and infrastructure projects Değer Boden dboden@boden-law.com
Energy regulatory and compliance advice Değer Boden dboden@boden-law.com
Energy sector training/reports Değer Boden dboden@boden-law.com
Infrastructure İnanç Akalın iakalin@boden-law.com
M&A, joint ventures and alliances Değer Boden and Sinem Mermer dboden@boden-law.com
Project development and finance Değer Boden dboden@boden-law.com
Real estate İnanç Akalın iakalin@boden-law.com
Renewable energy Değer Boden dboden@boden-law.com
Banking & Finance, Distressed Financing İnanç Akalın iakalin@boden-law.com
Technology & Innovation Sinem Mermer smermer@boden-law.com
Photo Name Position Profile
İnanç Akalın photo İnanç Akalın İnanç Akalın is a senior partner in Boden Law. He has broad…
Değer Boden photo Değer Boden Değer is the founding partner of the Boden Law. She has significant…
Sinem Mermer photo Sinem Mermer Sinem is a partner at Boden Law. Her practice is focused on…
Number of lawyers : 10
English
French
German
Turkish
International Bar Association
Associated European Energy Consultants (AEEC)

TESTIMONIAL: “Boden Law’s managing partner Değer Boden has a unique expertise proves to be invaluable. She gives personal attention to her clients and directs her team in this regard. Değer Boden and her team’s first-class work and professionalism make this firm stand out from the other firms. Değer Boden personally attended and guided her team in the key meetings and negotiations. Her team provided unique solutions to the problems during our projects and works with them.”

TESTIMONIAL: “The lawyers at Boden Law are experts in all types of energy transactions. They understand the sector and it helps us in structuring the deals.”

TESTIMONIAL: “They are very responsive and their service level is superb.”

TESTIMONIAL: “Boden Law’s managing partner Değer Boden has a unique expertise proves to be invaluable. She gives personal attention to her clients and directs her team in this regard. Değer Boden and her team’s first-class work and professionalism make this firm stand out from the other firms. Değer Boden personally attended and guided her team in the key meetings and negotiations. Her team provided unique solutions to the problems during our projects and works with them.”

TESTIMONIAL: “Boden Law has a team of excellent lawyers who are very experienced in dealing with international projects. Sinem Mermer, head of Technology Department, assisted us on the investment rounds in Estonia as well as contract negotiations with major companies based in the US and Europe. Her in-depth knowledge of foreign laws along with her pragmatic and value-driven approach enabled us to maintain our company’s agile practice also in legal matters.”

TESTIMONIAL: “We are very impressed with Boden Law’s expertise in technology contracts and their dedication in providing on-point and comprehensive legal advice in a very short time frame. We are fascinated with Sinem Mermer’s technical knowledge on IT matters which allowed us to better understand the intricacies of the project.”

 

 

 

 


Diversity:

As a law firm, we believe that diversity and inclusion are essential to providing the best possible service to our clients and to promoting justice in our society. That is why Boden Law is committed to fostering a culture of diversity and inclusion within our firm and in the legal profession as a whole.  Boden Law is committed to breaking down the barriers and creating a more inclusive environment for people of all races, genders, sexual orientations, religions, and backgrounds. To achieve this goal, we have implemented several initiatives as listed below. As Boden Law, we are dedicated not only to our clients but also to our community. Our firm believes that lawyers have a duty to devote time to serve their society in positive ways. In our office, we have a diversity and inclusion committee (“Diversity Committee”) of 3 people, of which two are partners and one is support team. With this committee, we aim to set an example for both our office and other law firms in the sector in every sense of diversity and to touch the lives of ourselves, our team and our clients.

During job interviews and employment, Boden Law does not discriminate against any applicant or teammate based on ethnicity, religion, language, gender or race. Boden Law’s recruitment process is solely based on the applicants’ experience and abilities. With the creation of a workspace where all are treated equally, be it an attorney, legal intern or support team, Boden Law differentiates itself from others with its approach. The firm is dedicated in sustaining its workplace practices while providing all our employees equal rights, opportunities, and salaries solely based on seniority, which is well ahead of the Turkish legal sector.

Despite progress in recent years, women continue to be underrepresented in the legal profession, especially in senior positions. Promoting the representation of women in the legal profession is not only a matter of fairness and equity, but it also leads to better outcomes for clients and society as a whole. Aside from having a woman managing and founding partner, women participation at partner’s level is 66%.  The ratio of women to men in the Firm overall is at 77%. Boden Law is dedicated in contributing to the women representation in the legal market and has no-tolerance policy for discrimination based on gender within the firm. Our partners are also members of ArbirtalWomen, an organization promoting female  practitioners  in  international  dispute  resolution  that  supports  students  with  vis-moot  events, promotes  and  support  campaigns  on  gender  equality.  In  2022,  Boden Law  sponsored  an  ArbitralWomen conference in Istanbul. Boden Law also take an active role in the society for environmental protection and human rights. Equality and non-discrimination are also a human right and our partners constantly lecture on these topics and contribute to development of a sustainable environment.

Pro bono:

As Boden Law, we are dedicated not only to our clients but also to our community. The Firm believes that lawyers have a duty to devote time to serve their society in positive ways. The organizations that the Firm gives pro-bono advice are as follows:

My Climate Turkey

Recently, Boden Law advised pro-bono My Climate Turkey, Turkey partner of My Climate, a global climate protection foundation, in their conversion to and merge with a non-profit organization namely “Carbon Footprint and Sustainability Association” (Ayakizi ve Sürdürebilirlik Derneği).

Carbon Footprint and Sustainability Association

Boden Law provides regular legal advice to Carbon Footprint and Sustainability Association.

Troya Çevre Derneği

Boden Law is also providing pro-bono legal advice to Troya Çevre Derneği in their establishment process of an energy cooperative which would generate electricity from solar.

Climate Change

As Boden Law, we are aware of climate change threat and its severity, which is why we aim to play an important role in contribution to a sustainable environment. This year, we also offset our carbon footprint, and we are committed to continually reduce our carbon emissions.  Boden Law has a carbon footprint offsetting certificate from My Climate.

CSR:

As Boden Law, we are dedicated not only to our clients but also to our community. Our firm believes that lawyers have a duty to devote time to serve their society in positive ways. As Boden Law, we are aware of climate change threat and its severity, which is why we aim to play an important role in contribution to a sustainable environment. Each year, we also offset our carbon footprint, and we are committed to continually reduce our carbon emissions.  Boden Law has a carbon footprint offsetting certificate from My Climate.

To raise awareness to society, Boden Academy organizes conferences, seminars, trainings, workshops and publishes reports and periodicals. In March 2020, Boden Law has kicked off the webinar series called ‘Tuesday Talks’ under the auspices of Boden Academy where the counsels and selected experts provide insights and clarifications on the most challenging issues arising from COVID-19 global outbreak.

 


Boden Law’s overseas practice is not restricted to any geographical borders and its expertise in working under various sets of laws is praised by the clients. Boden Law is experienced in providing legal assistance for Clients’ outbound investment projects in Africa, Europe and Asia. The firm is also experienced in representing clients in international arbitration matters, together with local and international law firms if need be. The attorneys as well as partners attend to international conferences and seminars as speakers, some of which are East Mediterranean 7th Turkey Energy Summit, Kluwer and International Conference on Energy Security and Geopolitics in the Eastern MediterraneanConference on Energy Arbitration and Dispute Resolution in the Middle East and Africa took place at London.