Firm Profile > Pekin & Pekin > Istanbul, Turkey

Pekin & Pekin
LAMARTINE CADDESI NO 10
TAKSIM
34437 ISTANBUL
Turkey

Banking, finance and capital markets Tier 1

Led by the vastly experienced finance lawyer Ahmed Pekin, capital markets specialist Özge Okat, and the highly-rated Eda BeltanPekin & Pekin acts for major domestic and international banks, financial institutions, and corporates in high-value and complex banking and capital markets transactions. The team's work on syndicated lending and underwriting stands out in particular; here, it advises large groups of major European banks on large-scale public and private acquisition finance and project finance transactions. Moreover, the group has a wealth of experience advising on innovative products such as cryptocurrency, green bonds, club lending, and government bond issues.

Practice head(s):

Ahmed Pekin; Özge Okat; Eda Beltan

Testimonials

‘We are delighted by Pekin & Pekin’s quick and accurate feedback.’

‘Their thorough and insightful advice is very informative and useful for the structural development of transactions.’

‘Excellent knowledge of the laws whilst remaining commercially minded’

‘Eda Beltan is technically a very good lawyer but also weighs up the commercial aspects of any advice. ’

‘Pekin & Pekin has strong banking and finance expertise and has worked on many international financing transactions.

‘The team in Pekin & Pekin is extremely competent in the area. They are very prompt and accurate in their communications and continues to provide high quality service when facing time pressure.’

‘Eda Beltan is a highly competent lawyer in this area with her practical/pragmatical approach in relation to several complexities brought by the Turkish law requirements.’

‘Very attentive, efficient and generally a pleasure to work with.’

‘Strong legal advice and clear communication’

Tax Tier 1

Pekin & Pekin's tax team works closely with the firm's corporate and banking teams on a variety of complex tax issues relating to transactions, business structuring and operations, and VAT.  The practice, led by Firat Yalçin, an expert in advisory and contentious tax law, is notable for its expertise in international tax matters, in particular transfer pricing and taxation treaties, allowing it to advise clients on complex cross-border matters. Clients include international organisations across financial services, food, retail, and several law firms.

Practice head(s):

Fırat Yalçın

Commercial, corporate and M&A Tier 3

Pekin & Pekin concentrates on key industry sectors such as energy, infrastructure, financial services, and healthcare, mainly advising foreign corporates and private equity investors. The team's work regularly involves acquisitions, exit transactions, and joint ventures. Also of note, the team stands out in the market as a majority-female team, including at senior level. Since publication, Yegân Liaje and  Zeynep Şener have left the firm.

Testimonials

‘Quick to respond, very helpful and on top of their workstreams.’

‘Pekin & Pekin has provided sound legal advice in respect of the laws in Turkey to our company, a foreign entity doing business in Turkey. The team was easily accessible, and the turnaround time was very fast. They were very responsive to our needs and provided recommendations which were useful in assisting the company in making business strategic decisions.’

Dispute resolution Tier 3

Pekin & Pekin specialises in litigation, with partners experienced in commercial disputes, criminal defence, employment law and intellectual property disputes. It also has experience in international arbitration. The team is led by versatile litigator Erdem Atilla, who acts for a variety of corporate clients, online retailers, and sports clubs. Senior partner Ahmed Pekin is a highly-regarded disputes lawyer with great experience in the banking sector.

Practice head(s):

Erdem Atilla

Other key lawyers:

Ahmed Pekin

Testimonials

‘They have detailed information about the case and even it has been a while since the first initiation of the lawsuit, all the details of the case and key points are fresh in the team’s mind. ’

‘We worked with Erdem Atilla, during the process. He is a brilliant lawyer and even after quite a long period following the first initiation of the lawsuit, he managed to remember each and every detail of the process like it is the first day. ’

‘Everyone is very knowledgeable on their field, very responsive and is able to offer high quality advice that gives us confidence. ’

‘I would like to point out specifically Erdem Attila for our excellent cooperation. He is a trusted partner, very knowledgeable about the market and the practices, always available and very clear in his messages. Very supportive partner. I have no worry at all when I know I will work with Erdem on a case or situation with regards to employment related matters. I have full confidence in his judgment.’

‘Expertise in local practice, significant input on determining the strategy, leading negotiations with the counter-party’

‘Prompt replies to queries, quick adaptation to sector specific issues’

Project finance/projects Tier 3

The highly experienced Ahmed Pekin leads the team at Pekin & Pekin alongside Eda Beltan, advising international banks and financial institutions, borrowers and corporates on a range of project financing matters including loan facilities, restructurings and refinancings, Islamic financing work and acquisition financings related to project procurements. The group also handles project disputes for European and Asian corporates and project proponents.

Practice head(s):

Ahmed Pekin; Eda Beltan

Testimonials

‘Pekin & Pekin provides high quality legal services and more specifically customises solutions to its clients. The Pekin & Pekin team is extremely accurate in the legal opinions provided and very timely in their responses. Pekin & Pekin performs outstandingly well when the project involves several complexities together with time pressure.’

‘Eda Beltan is an excellent lawyer with a practical approach when dealing with complex matters.’

‘Pekin could quickly grasp the key commercial considerations for the firm and proposed robust legal solutions to it. Along with providing comprehensive advice covering all possible risks to our transactions, they have also been nimble enough to factor in the practicality of solutions, and client relationships in pushing for it.

‘A very quick response time, along with their willingness to go beyond the scope of work. They have been able to seamlessly collaborate with multiple touch points involved, and actively manage the outcome. Their proactive communication and feedback has been highly appreciated.’

The firm: Founded in 1971, Pekin & Pekin is a full-service law firm providing integrated legal services to clients involved in transactions within Turkey.

The vision of Pekin & Pekin today is the same vision as in 1971 – to provide clients with legal advice that helps them achieve their long-term objectives in Turkey and globally with the greatest efficiency. This vision is attained by a strategy of steady expansion, allowing the firm to retain its boutique character and standard of service.

The firm has pioneered legal structures for Turkish banking transactions, facilitated the introduction of new financial products and organisational structures, advised regulators on new laws and and regulations across multiple sectors, acted in the largest and most high-profile finance and M&A deals in the jurisdiction, and succeeded in numerous complex dispute resolution and arbitration cases.

Areas of practice
Banking and finance: Pekin & Pekin is renowned for having the strongest Banking and Finance team in Turkey, with a breadth of technical expertise and practical know-how that is unmatched. We advise clients and develop innovative solutions on cross-border and domestic deals that are significant in value. The firm is presently retained by 29 of the top 35 Fortune Global 500 banks. We act for all parties to a transaction, yet our reputation typically sees the firm being retained by the lenders to handle the more complex end of negotiations. This reputation extends to the relationships we have with the regulatory authorities, such as the Banking Regulatory and Supervision Agency (“BRSA”), which are optimised for the benefit of our clients.

We advise our banking and finance clients on a wide range of matters, including:

  • Derivatives and structured finance
  • Debt capital markets
  • Islamic finance
  • Equity
  • Capital markets
  • Leveraged finance
  • Securitisations
  • Project financing
  • Bank mergers and acquisitions
  • Real estate finance
  • Investment funds and structures
  • Restructuring  regulatory banking
    Team leader: Ahmed Pekin

Dispute resolution and arbitration: Recognised as having one of the finest dispute resolution teams in Turkey, Pekin & Pekin provides advice and specialist representation in complex and significant matters of litigation, arbitration, regulation and risk management. We also assist in the enforcement of foreign judgments and arbitral awards in Turkey.

Clients are domestic and foreign companies, individuals and organisations, represented on both a retainer and case basis. The close relations we develop with our clients allow us thoroughly to understand their businesses and sectors and protect their interests as fully as possible.

We act in a broad range of commercial disputes, including:

  • Business crimes
  • Financial services
  • Bankruptcy and reorganisation
  • Insolvency and restructuring
  • Competition
  • Intellectual property
  • Compliance
  • Product liability
  • Consumer protection
  • Professional negligence
  • Employment disputes
  • Real estate investments
  • International arbitration
  • Insure litigation
    Team leaders: Ahmed Pekin, Fırat Yalçın

Capital markets: The capital markets practice team offers several traditional services and specific advice on products and finance structures unique to the Turkish market. Clients are all leading players in the sector.

  • Brokerage operations
  • Finance sector M&As and company incorporations
  • Company incorporations
  • Financial services and markets
  • Debt capital markets
  • Foreign exchange regulations
  • Derivatives and swaps  ISDA documentation
  • Employee share plans
  • Product registration with the CMB
  • Equity capital markets
  • Product registration with the CMB
  • Equity, IPOs and secondary offerings
  • Real estate investment trusts
  • Regulatory services
  • Regulatory investigations
  • Structured products
  • Reserve IPOs
    Team leader: Özge Okat

Corporate/M&A and employment: The Pekin & Pekin corporate/M&A and employment team possesses general and specialist expertise on a wide range of corporate laws, commercial transactions and business sectors. The main areas of interest to clients generally include:

  •  Commercial transactions
  •  Intellectual property and patents
  •  Company incorporations
  •  Joint ventures
  •  Competition and anti-trust
  •  License applications
  •  Corporate restructuring
  •  Liquidations
  •  Corporate reorganisation
  •  Mergers and acquisitions
  •  Employment
  •  PPP, PFI, BOT
  •  Private equity and venture capital
  •  Privatisation
  •  Regulatory advice
  •  Spin-offs

Our teams provide clients with a full range of consultancy services, advice and guidance relating to all matters of employment and labour law crucial to the effective operation of business interests in Turkey, including collective dismissals/layoffs

  •  Redundancy
  •  Data protection and privacy
  •  Re-employment
  •  Discrimination
  •  Resignations
  •  Employment contracts
  •  Salary, tax, benefits, pensions, vacation
  •  Employee transfers and redeployment
  •  Trade union and ministry relations
  •  Health and safety
  •  Work and residence permits
  •  Outsourcing
    Team leaders: Yegan Liaje, Zeynep Şener

Tax: The majority of commercial transactions have a tax element and these tax considerations often impact and guide the outcome of a transaction. As corporations react to the global economic crisis tax efficient structures have become more crucial.

The award winning Pekin and Pekin tax practice team leaves regular compliance support to accounting firms and instead focuses on more complex cases, giving clients direct practical and innovative advice. Legal assistance is provided on a standalone basis or as part of ongoing financing transactions in the main practice areas of corporate finance, project finance, M&A and capital markets. Moreover, the tax team provides legal assistance in major dispute resolution cases, involving representing clients in out-of-court settlement negotiations with the Tax Authority and advising on all phases of tax litigation.

The range of services include:

  • International tax services and consultancy (eg tax efficient holding company locations, tax planning, tax efficient supply chain and shared services, business models)
  • Re-structuring of group companies/holdings (eg merger, partial and full spin-offs, share exchanges)
  • Tax legal advisory services
  • Indirect taxes and consultancy
  • Sustainability and climate change tax
  • Tax controversy and dispute resolution
  • Corporate, project and structured finance solutions
  • Capital markets transactions
  • International debt and equity issues (inc. loan participation notes, mortgages and asset-backed securities)
  • Islamic finance structures (inc. murabaha and sukuk notes)
  • Drafting and reviewing employment agreements, personnel handbooks and policies
    Team leader: Fırat Yalçın

Competition: Our competition practice is integrated into our corporate arm of the firm. In addition to advising clients on the corporate law aspects of their undertakings in Turkey, our competition team also provides expert advice on all aspects of Turkish competition law, including cartels, restrictive practices, public procurement and state aid.

Merger control accounts for a large proportion of our work in this area and our extensive experience dealing with the Turkish regulatory authorities allows us to provide our clients with expert guidance through the notification and clearance process.

  •  Mergers and acquisitions
  •  Joint ventures
  •  Strategic alliances
  •  Cartels
  •  Compliance
  •  Restrictive practices
  •  Public procurement and state aid
  •  Litigation
    Team leader: Zeynep Şener

Energy and climate change: Liberalisation, natural resources, supply and demand, sustainable and alternative energy sources, new technologies, carbon reduction, market and regulatory developments are among the many issues at the forefront of the business community as companies look for new investment opportunities.

Turkey is a top emerging market for renewable energy in particular and clients approach Pekin & Pekin due to its extensive capabilities. Transaction teams have closed a considerable number of major transactions and are consistently providing regulatory advice. Teams are multi-disciplinary and constructed according to lawyer expertise in the particular industry and practice area.

The team works with clients in the following industries:

  •  Biofuels and clean fuels
  • Oil and gas
  • Coal, minerals and mining
  • Real estate and construction
  • Clean technologies
  • Renewables and alternatives
  • Electricity and nuclear
  • Transportation and logistics
    Team leader: Yegan Liaje

Insolvency and bankruptcy: The insolvency and bankruptcy team provides advice regarding formal insolvency and bankruptcy, with particular expertise in multi-jurisdictional and multi-creditor transactions. Clients are led through Turkish insolvency and bankruptcy proceedings and legislation, the attaining of out-of-court arrangements and complex negotiations.

The range of services include:

  • Representation of creditors prior and following a debtor’s insolvency
  • Representation of debtors in insolvency proceedings
  • Rescission proceedings
  • Mergers and acquisitions of troubled estates
  • Purchase and sale of assets at bankruptcy
  • Out-of-court settlements
  • Bankruptcy litigation
  • Collateral arrangements
    Team leader: Fırat Yalçın

Intellectual property: Our IP specialists in the corporate and dispute resolution teams provide advice to clients eager to protect and exploit their IP rights in Turkey. We advise on a wide range of IP matters, including trademarks, patents, copyrights, designs, domain names and confidential information, acting on behalf of both the licensee and licensor.

The scope of work generally includes:

  • Trademark and domain name research
  • Trademark, patent and design applications and registration
  • IP license agreements
  • Copyright and trademark infringements
  • Trademark objections and opposition filings
    Team leader: Yegan Liaje 

Islamic finance: Pekin & Pekin is established in the market as a legal advisor to both Islamic finance and international institutions with interests in Turkey. The firm advises on Islamic financing and regulatory transactions and possesses very detailed knowledge of the legal structure in Turkey.

Our expertise in Islamic finance covers:

  • Financial principles of Islamic law
  • Turkish legal framework governing Islamic finance
  • Existing and pending regulatory developments
  • Structuring of Islamic finance transactions in line with Turkish law, in particular murabaha, mudarabah, ijarah and sukuk
  • Istisna transactions
  • Regulatory M&As involving Islamic finance institutions
  • IPOs
    Team leader: Ahmed Pekin

Private equity: Pekin & Pekin has an established private equity practice led by the corporate/M&A team. The PE practice advises PE firms, investors, financial institutions and funds in a pre-acquisition and post-acquisition capacity, from fund establishment to fund exit.  Typical deals are public and private M&As, leveraged and acquisition finance, structured and secured financing, and debt and equity financing. The practice team also advises on venture capital projects.

Our integrated approach means each transaction team can leverage assistance from other practice teams on matters of financing, tax and competition and benefit from the expertise of our sector specialists.
Team leader: Yegan Liaje

Project finance: Pekin & Pekin has a dedicated award-winning project finance team that advises on the biggest transactions in the jurisdiction. The team understands the need for the well-drafted financing documentation that protects the interests of all parties concerned and is generally retained by the lenders.

Our expertise in project finance covers:

  • Project structure and contractual issues
  • Drafting and negotiating project agreements
  • Advising on direct, security and sponsor support agreements
  • Understanding financial issues
  • Mitigation and avoidance of risk
  • Structuring security packages
  • Power purchase agreements and concession agreements in the transport, water, health and education sectors
    Team leader: Ahmed Pekin

Regulatory: The regulatory practice team provides clients subject to Capital Markets Board and Banking Regulatory Supervision Agency legislation on a range of issues:

  • Compliance with the complex regulatory environment
  • Structuring and filing public offerings in the Turkish market
  • Offerings of Turkish companies in international and European markets
  • Launching Turkish and foreign funds and the registration of the same with the CMB and all necessary follow-up procedures
  • Commercial and investment banking, and investment advice
  • Asset management brokerage and custody business
  • Licensing and registration requirements

The team is also heavily involved in regulatory filings and cross-border direct and indirect M&As ad splits where one of the parties is a local bank or financial institutions.

The incorporation of financial institutions and banks is also within the scope or the firm. Pekin & Pekin has incorporated many first-of-a-kind regulated companies, and has been retained to advise on the conversation and acquisition of nearly all Turkish brokerage companies.
Team leader: Özge Okat

Restructuring: The restructuring practice offers clients a full range of services to successfully restructure their interests in Turkey. Each transaction team leverages expertise from across the firm to reach the optimal solution for the client. The practice is highly experienced and experienced in advising on the following:

  • Acquiring, reorganising and restructuring bankrupt companies to avoid insolvency
  • Restructuring following insolvency
  •  Innovative and complex financial restructurings
  • Debt to equity conversions
  •  Employment and redundancy advice
    Team leaders: Fırat Yalçın, Yegan Liaje

Specialist sectors
Automotive: Pekin & Pekin advises multiple automotive clients on Turkish legislation, from matters of financing and disputes to M&As and joint ventures, corporate and competition law, employment and intellectual property.

Each automotives engagement team is formed in line with the objectives of the client and the requirements of the deal. Team are often cross-practice and include lawyers specialised in the sector, allowing clients to benefit from the knowledge and expertise of our highly regarded lawyers from throughout the firm.
Team leader: Yegan Liaje, Zeynep Şener

Consumer products and retail: An unsaturated market, appealing production conditions and hungry consumers make Turkey an attractive jurisdiction for retail and consumer products companies. Pekin & Pekin advises mainly international clients in the durables FMCG and non-durable segments on their Turkey interests. Scope of work generally includes:

  • Competition clearances
  • Corporate governance issues and compliance
  • Disputes and litigation
  • Distributorships and franchise arrangements
  • Employment and labour law
  • Financing
  • Intellectual property rights
  • Licensing
  • M&As and joint ventures
  • Product liability
  • Real estate and construction issues
  • Regulatory environment
    Team leaders: Fethi Pekin, Yegan Liaje

Energy and natural resources: The energy and natural resources opportunities in Turkey are attractive. The focus on renewable energy and Turkey’s position as an energy “bridge”, linking European countries to Caspian and Iraqi oil make it an important transit country. As such Pekin & Pekin is often approached to provide Turkish legal advice on various energy and natural resources projects. We advise on all aspects of projects, from financing and tax efficient structures, regulatory and compliance, to M&A and privatisation, corporate and competition.

Our energy and natural resources teams are cross-practice and formed in line with the objectives of the clients and the requirements of the deal. This allows clients to benefit from the knowledge and expertise of our highly regarded lawyers throughout the firm.
Team leaders: Yegan Liaje, Zeynep Şener

Hospitality and leisure: Investors have been relatively slow to capitalise on the hospitality and leisure sector in Turkey – that is changing with strong economic growth predictions, the country’s appeal as a regional travel destination and larger amounts of Turks travelling abroad for leisure. Condé Nast named Turkey the number one destination in 2010 and Istanbul celebrated the year as a European Capital of Culture, which Pekin & Pekin sponsored.

Pekin & Pekin clients in the sector are traditionally focused on inward investment with a 2011 trend for outward investment by cash-rich Turkish companies bringing additional cross-border transactions to the team.

Deals, projects and investments generally cover:

  • Hotel and leisure complex construction and operating groups
  • Airline and terminal acquisitions, transfer of operating rights and construction
  • Project financing
  • Transport infrastructure and privatisation
  • Regulatory advice

Each engagement team is formed in line with the objectives of the client and the requirements of the deal. Team are often cross-practice and include lawyers specialised in the sector, allowing clients to benefit from the knowledge and expertise of our highly regarded lawyers from throughout the firm.
Team leaders: Yegan Liaje, Zeynep Şener

Industrial manufacturing and service industries: Turkey is in the spotlight as the new hub for manufacturing companies in the region, making use of its young, trained workforce, developing infrastructure and proximity to key markets with favourable trade agreements. On the service industry side, the country offers numerous opportunities as Turkey takes leaps in utilising new technologies, products and services.

At Pekin & Pekin we have been providing legal advice to market players for many years. Our industrial manufacturing and service industries engagement teams are cross-practice and are formed in line with the objectives of the clients and the requirements of the deal. This allows clients to benefit from the knowledge and expertise of highly regarded lawyers from throughout the firm. These engagement teams also include lawyers with the specialist sector knowledge required for the specific project.
Team leaders: Yegan Liaje, Zeynep Şener

Infrastructure: Pekin & Pekin has provided legal assistance to a range of clients involved in Infrastructure projects in Turkey. Transactions typically involve financing and construction elements under BOT and PPP structures, and many involve privatisation.

Keys areas are airports, bridges, highways, metro and rail, ports, waterways and water and sewage systems. Utilities transactions can be found in the document ‘Our Experience: Energy and Natural Resources’.
Team leaders: Yegan Liaje, Zeynep Şener

Insurance: Whilst the banking and financial services markets in Turkey have developed rapidly, insurance is catching up with an abundance of opportunities for the foreign investor. The dominant insurance agency network has been joined by banc assurance, and the market is ripe for new products, investments and distribution lines.

Pekin & Pekin advises brokers, insurers, businesses and finance institutions in the non-life, life and compulsory insurance segments and credit insurance. Corporate/M&A, capital markets, dispute resolution, tax and banking lawyers work in integrated teams advising clients on a range of issues including:

  • Legal regulatory insurance issues including licenses and investigations by the regulators
  • Distribution channels and legal considerations
  • Tax advice
  • Insurance and reinsurance litigation
  • Labour law and employee-employer insurance obligations
  • Individual private pensions
  • Outsourcing
  • Construction, architecture and engineering (third party liability and professional liability insurance)
  • Agency and distribution agreements
  • Reinsurance
  • Product structuring – from compulsory and liability insurance to new products
  • Public and private M&As in the insurance sector
  • Capital markets and derivatives
  • Asset management
    Team leader: Ahmed Pekin, Özge Okat

Pharmaceuticals, healthcare and biotechnology: The Turkish pharmaceuticals and healthcare sector is continuing to attract foreign investors, following ongoing regulatory reform, modernisation and restructuring. The potential for returns is excellent with forecasts of high growth and an expanding product market as Turkish consumers adopt a more sophisticated approach to healthcare. Turkish groups divesting their pharma enterprises, international healthcare providers groups establishing ventures in the private sector and global manufacturers entering and re-entering the market will ensure this sector remains in the spotlight for the years ahead.

At Pekin & Pekin we have been providing legal advice to market entrants for many years. Our pharmaceuticals, healthcare and iotechnology engagement teams are cross-practice and are formed in line with the objectives of the clients and the requirements of the deal. This allows clients to benefit from the knowledge and expertise of our highly regarded lawyers throughout the firm.
Team leaders: Yegan Liaje, Zeynep Şener

Real estate and construction: Pekin & Pekin is very active in real estate and construction, advising on high value projects across Turkey and the region, for example Azerbaijan and Iran. We advise on all aspects of projects, from financing and tax efficient structures, regulatory and compliance, to corporate and competition.

Our real estate and construction engagement teams are cross-practice and are formed in line with the objectives of the clients and the requirements of the deal. This allows clients to benefit from the knowledge and expertise of our highly regarded lawyers throughout the firm. Client engagement teams also include lawyers with the specialist sector knowledge required for the specific project.
Team leaders: Yegan Liaje, Zeynep Şener

Telecommunications, media and technology: At Pekin & Pekin we have been providing legal advice to market players for many years. Our telecommunications, media and technology engagement teams are cross-practice and are formed in line with the objectives of the clients and the requirements of the deal. This allows clients to benefit from the knowledge and expertise of highly regarded lawyers from throughout the firm.

Deals and clients include mobile telecoms operators, fixed line operators, ISPs, submarine cable operators, terrestrial TV, cable TV network operators, outdoor advertising, print and online media, software developers and distributors, and systems integrators.
Team leaders: Yegan Liaje, Zeynep Şener

Transportation, logistics and defense: Linking together Turkey’s transportation, logistics and defence industries, Pekin & Pekin advises a spectrum of mainly international clients on projects covering:

  • Roads, tunnels and bridges
  • Rail
  • Air
  • Maritime
  • Defence
  • Ancillary services

To highlight a few opportunities, Turkey is in an area of geographical importance, it has an unsaturated logistics market, pending EU membership, promise of increasing international trade, one of the largest truck fleets in Europe, and technological and manufacturing know-how in various segments including defence. Significant projects have been completed involving the modernising and improving of motorways and tunnels, ports, airports and bridges, with the government focusing on restructuring the railways and creating a high-speed network, the transfer of operating rights for motorways and toll bridges via privatisation, and the construction of the third Bosphorus bridge, to name a few.

Clients approach Pekin & Pekin for a variety of Turkish legal expertise, generally in the area of project finance, privatisation, regulatory and M&A. Each engagement team is formed in line with the objectives of the client and the requirements of the deal. Teams are often cross-practice and include lawyers specialised in the sector, allowing clients to benefit from the knowledge and expertise of our highly regarded lawyers from throughout the firm.
Team leaders: Yegan Liaje, Zeynep Şener

Department Name Email Telephone
Banking and finance Ahmed Pekin postmaster@pekin-pekin.com +90 212 313 3500
Dispute resolution and arbitration Ahmed Pekin postmaster@pekin-pekin.com +90 212 313 3500
Dispute resolution and arbitration Firat Yalçin +90 212 313 3500
Capital markets Özge Okat +90 212 313 3500
Corporate/M&A and employment Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Corporate/M&A and employment Zeynep Sener +90 212 313 3500
Corporate/M&A and employment Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Tax Firat Yalçin +90 212 313 3500
Competition Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Energy and climate change Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Insolvency and bankruptcy Firat Yalçin +90 212 313 3500
Intellectual property Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Islamic finance Ahmed Pekin postmaster@pekin-pekin.com +90 212 313 3500
Private equity Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Project finance Ahmed Pekin postmaster@pekin-pekin.com +90 212 313 3500
Regulatory Özge Okat +90 212 313 3500
Restructuring Firat Yalçin +90 212 313 3500
Restructuring Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Automotive Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Automotive Zeynep Şener +90 212 313 3500
Consumer Products & Retail Fethi Pekin +90 212 313 3500
Consumer Products & Retail Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Energy and Natural Resources Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Energy and Natural Resources Zeynep Şener +90 212 313 3500
Hospitality & Leisure Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Hospitality & Leisure Zeynep Şener +90 212 313 3500
Industrial Manifacturing & Service Industries Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Industrial Manifacturing & Service Industries Zeynep Şener +90 212 313 3500
Infrastructure Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Infrastructure Zeynep Şener +90 212 313 3500
Insurance Ahmed Pekin postmaster@pekin-pekin.com +90 212 313 3500
Insurance Özge Okat +90 212 313 3500
Pharmaceuticals, Healthcare & Biotechnology Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Pharmaceuticals, Healthcare & Biotechnology Zeynep Şener +90 212 313 3500
Real Estate & Construction Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Real Estate & Construction Zeynep Şener +90 212 313 3500
Telecommunications, Media & Technology Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Telecommunications, Media & Technology Zeynep Şener +90 212 313 3500
Transportation, Logistics & Defense Yegan Liaje YLiaje@pekin-pekin.com +90 212 313 3500
Transportation, Logistics & Defense Zeynep Şener +90 212 313 3500
Photo Name Position Profile
Mr Erdem Atilla photo Mr Erdem Atilla Position: Senior PartnerPractice Areas: Litigation, Dispute Resolution, Commercial Law, Corporate Law,  Labour…
Ms Eda Beltan photo Ms Eda Beltan Position: PartnerPractice Areas: Banking & Finance,  Energy, Corporate, Commercial
Mr Yalçın Özge Okat photo Mr Yalçın Özge Okat Position: Senior Partner,Team LeaderPractice Areas: Equity & Debt Capital Markets, Banking, Derivatives, Finance,  Structured…
Mr Ahmed Pekin  photo Mr Ahmed Pekin Position: Founding Senior PartnerPractice Areas: Dispute Resolution, Commercial Law, Banking Law, Project…
Mr Fethi Pekin  photo Mr Fethi Pekin Position: Managing PartnerPractice Areas: Corporate Law, M&A, Banking Law, Project Finance
Ms Elif Tolunay photo Ms Elif Tolunay Position: PartnerPractice Areas: Corporate, M&A, Employment, Intellectual Property, Personal Data Protection
Mr Hasan H. Yaşar photo Mr Hasan H. Yaşar Position: PartnerPractice Areas: Equity & Debt Capital Markets, Banking, Compliance, Regulated Markets, Product Offerings,…
Mr Fırat Yalçın  photo Mr Fırat Yalçın Position: Senior PartnerPractice Areas: Corporate, M&A, Employment, Intellectual Property, Personal Data Protection, Real…
Number of lawyers : 27
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ISDA
ILM
Istanbul Bar Association

Diversity and Inclusion is at the forefront of our firm’s recruitment strategy and we are proud of our record that most of the professionals at Pekin & Pekin are women. Our firm’s commitment is driven by the inspired leadership within the firm and local communities by our Corporate & M&A partners Elif Tolunay Banking and Finance partner Eda Beltan. All two are committed to creating an environment where colleagues can progress and develop their careers based on merit and without fear of discrimination. Our Banking & Finance partner Eda Beltan is one of the youngest women to become a partner of a law firm in Turkish legal market. By actively supporting diversity and inclusion, Pekin & Pekin always ensures that all our people are valued and treated with dignity and respect. Pekin & Pekin complies with all relevant Turkish legislation while regularly reviewing our own policies and make any updates to continue to work towards a diverse culture within the firm. Our Firm is aware of the fact that women being parents, do not constitute an obstacle in terms of career advancement. In this context, it conducts flexible working hours and semi-remote working practices additionally during the Covid-19 pandemic, fully remote working practices for our firm’s lawyer who has a child under the age of 2. We are in regular dialogue with leading international law firms and corporate legal departments and it is our firm’s policy to continue to work across jurisdictions like the US, UK, EU in a continuous and diverse manner. We are proud of our long-lasting efforts on diversity policy as we continue to ensure there are effective programs in place to identify, develop and sponsor a diverse range of high potential talent via our recruitment program. Women are majority in our Capital Markets, Banking & Finance and Corporate & M&A teams.


The Firm engages in cross-border transactions and since its establishment in 1971, it has gained broad experience in international and Turkish law to become a trusted business advisor with global experience. Our partners have more than 15 years of experience in total and are foreign educated which was combined with their extensive exposure to cross-border deals, means they are fully prepared to act for demanding international clients. Pekin & Pekin is the Lex Mundi exclusive member firm for Turkey, an associate member and counsel to the International Swaps and Derivatives Association (ISDA), counsel to the International Capital Market Association (ICMA) Securities Lending and Repo Committee (SLRC) Capital Adequacy Directive Working Group, an affiliate of the Futures & Options Association (FOA) and a member of the International Project Finance Association (IPFA). Our clientele is predominantly foreign. We advise major multinationals investing in Turkey; such clients are demanding users of legal services with complex operations. Our firm is an independent law firm that has not been affiliated with an international law firm partner. This enables us to work with a range of international firms with or without a presence in Turkey on the most prestigious deals in the market. Pekin & Pekin has an extensive network, from legal associations to professional bodies and law firms. This network is essential for client development, knowledge sharing, best practice, referrals and deal execution. As the only Turkish law firm to be admitted to the associations Lex Mundi, Pekin & Pekin has an extensive legal network. As part of the Lex Mundi global network, we can provide our clients with preferred access to more than 21,000 lawyers around the world – all from a single point of contact. Being a member of Lex Mundi, the world’s leading network of independent law firms for more than approximately twenty years, our firm is ever building valuable and long-lasting relationships with both international laws firms and enjoying the opportunity to provide legal services to major leading companies for various sophisticated projects from United States of America to Asia. As a partner firm of Lex Mundi, it is worth mentioning that our firm has close connections with top tier firms all around the globe and our range of international law firms we have collaborated throughout the years expands from United States of America to Asia and Eastern market. Our membership of the Lex Mundi network (ranked ‘Elite’ by Chambers Global) gives us access to a network of leading firms across the world when involved in major, cross-border work related to difference practice areas. We have longstanding links with global law firms as their Turkish legal counsel. In addition to the Magic Circle and US firms, Pekin & Pekin has formed strong bonds with other firms as their clients have entered the Turkish market. The geographical location of these new firms is wide, from Norway to Japan and India to the United Arab Emirates.

Pro-Bono

Empowering our communities is one of the prioritized issue for our firm and we believe that justice and equality shall be the instinct of a lawyer. We consider that groups and individuals with limited means always deserve to have the access of equal justice and high standards of legal services. In this regard, our firm provides legal assistance for non-profit organizations and their fellows in many practice areas such as contracts, real estates, litigation, intellectual property and tax. One of our most considerable pro-bono work partnership is with Ashoka and Ashoka Fellows and Kiva Microfunds. Almost 50% of our lawyers are involved in at least one pro-bono works in 2020, and provided services for pro-bono works are equal to tens of thousands USD. Additionally every year we extent our pro-bono works volume and our partnerships and we will continue to demonstrate our willingness on pro-bono works as long as we serve as a law firm.