TURUNÇ > Istanbul, Turkey > Firm Profile

TURUNÇ
TESVIKIYE CADDESI 19/11
TESVIKIYE
34365 ISTANBUL
Turkey

Turkey > Banking, finance and capital markets Tier 3

TURUNÇ's team stands out for its 'commercial awareness and international know-how'. Noyan Turunç, Ilgin Eroglu Alyanak, who is skilled in handling cross-border project finance work, Kerem Turunç and capital markets expert İltem Dokurlar, who joined the team as partner in 2021 from the position of chief legal counsel at Yıldırım Holding, are the key names. The practice has solid expertise in transactional finance and regulatory advice, and regularly handles project financing and refinancing, syndicated loans, structured corporate financing and regulatory compliance, while also been skilled at managing capital markets mandates.

Practice head(s):

Noyan Turunç; Ilgin Eroglu Alyanak; Kerem Turunç; İltem Dokurlar

Testimonials

‘International know-how and network, a more hands-on approach by partners compared to peer firms, business acumen, and market knowledge. Ability to interpret the law and provide practical, tailor-made advice.’

‘Kerem Turunç: solid leadership and communication skills. Client-focused, always available. Deep US and UK capital markets experience. Very solution-oriented. Ilgin Eroglu Alyanak: great comfort in project finance deals thanks to her background at a major bank. İltem Dokurlar: excellent relations with regulators, speaks their language.’

‘Their team members’ international backgrounds are particularly useful because most of the transactions we work on together have a foreign component, usually in the US or the UK. Always an open line of communication when working on projects together, more than adequate staffing and no surprises in billing.’

‘Ilgin Eroglu Alyanak is always up to speed on market standards and practices. She is meticulous in her drafting and issue-spotting.

‘Transparency, trustworthiness, proactive approach, commercial awareness and international know-how put TURUNÇ above other firms. In my experience, no other firm in Turkey comes close to Turunç’s international experience. Many of Turunç’s lawyers have actual international backgrounds and bar qualifications. This is an unmatched asset in the market.’

‘Noyan Turunç: The only lawyer to call for tough decisions. Delivers legal and commercial advice at once. His previous role as general counsel of Coca-Cola is incredibly helpful in harmonizing legal and commercial advice.’

Kerem Turunç: The best capital markets lawyer I’ve met in Turkey.’

‘Kerem Turunc is in a league of his own for capital markets work. He knows US, UK, EU and Turkish rules and regulations like the back of his hand. Also, he’s super business savvy. His commercial awareness and understanding of the market are admirable. As a technology company, it gives me great comfort that I’m relying on someone who understands the underlying business. A megastar in my book.’

Key clients

beWise

Lycian Capital

Ege Kimya

Boğaziçi Ventures

DeepZen

Caffè Nero

Regions Bank

SC Johnson

Taxim Capital

Android Industries

İş Private Equity

Banco Santander

İş Investment Trust

hiVC

Vinci Venture Capital

Camper Shoes

Work highlights

  • Advised beWise on developing the framework for its own multinational compliance model to enable small businesses and freelancers to invoice their customers through beWise.
  • Advised Lycian Capital on the formation of a new regulated fund focused on Turkish mid-market, high-growth companies.
  • Represented Ege Kimya in connection with a loan extended by the EBRD, Garanti Bank and Yapi Kredi Bank.

Turkey > Commercial, corporate and M&A Tier 3

TURUNÇ handles domestic and cross-border transactions. The department, which is headed by Noyan Turunç, who focuses on commercial and corporate mandates, and Kerem Turunç, has a solid track record advising private equity and venture capital funds on their investment and divestment matters, with particular expertise in technology-driven ventures. Esin Çamlibel, who was promoted to partner in February 2021, focuses on M&A and joint venture mandates.

Practice head(s):

Noyan Turunç; Kerem Turunç

Other key lawyers:

Esin Çamlıbel

Testimonials

‘Well-versed in M&A transactions, both domestic and international, including all specialist aspects such as employment and IP. Easy to work with, always available and produce very high quality documents.’

‘World class service at all levels. Excellent project management. They are impressive negotiators while being very positive and solution oriented. In my opinion, this is thanks to the depth of legal knowledge combined with the unrivalled commercial mindedness they possess. Also, the team’s cohesiveness and good communication skills create a very smooth and efficient working environment.’

Their global connection and expertise is also an asset especially in the Turkish market. Most of the legal firms are experienced only in the local market while Turunç has significant knowledge on UK, US and European practices. That also helps a lot especially in M&A deals.’

‘We’re a fast-moving UK-headquartered technology company so we need to work with outside advisors who will move at our speed. Turunc fulfils and exceeds that expectation. They are probably one of the few firms who can provide spot-on commercial guidance and comprehensive legal advice that covers local and international regulations at the same time. Their services are world class.’

‘Kerem Turunc may be the best M&A negotiator I’ve worked with. He always knows the draft agreement from cover to cover and his memory is so strong that he normally doesn’t even need to look at the document to negotiate. He is a thought leader in the M&A world on an international scale thanks to his American background.

Noyan Turunc is a great strategist. We often talk to him about how to structure our potential investment and M&A projects. He always surprises us with an out-of-the-box idea that’s also realistic. Incredible business acumen like no other lawyer in Turkey.’

Noyan Turunç’s experience is hard to match in my opinion. He is a comforting figure in tough moments of decision making. His previous role as general counsel of Coca-Cola is incredibly helpful in harmonizing legal and commercial advice.’

Key clients

Vinci Venture Capital

Lycian Capital

Micro Focus

SC Johnson

Caffè Nero

Boğaziçi Ventures

BigChefs

Is Private Equity (ISGSY)

Camper Shoes

Itochu

Android Industries

Taxim Capital

Peoplise

Riverwood Capital

Work highlights

  • Advised Hopin Ltd. on its acquisition of Boomset.
  • Advised Boğaziçi Ventures on its investment in Tarentum.
  • Advised Vinci Venture Capital on its investment into ShipsGo.

Turkey > Employment Tier 3

Noyan Turunç heads the practice at TURUNÇ, which attracts praise for its ‘understanding of US market needs’. The team advises on the drafting of employee agreements and internal policies, employee rights and employment terminations and foreign employees’ work permits as well as handling employment disputes. Senior associate Gizem Günel is another name to note.

Practice head(s):

Noyan Turunç; Gizem Günel

Testimonials

Turunc has an impressive pool of individuals who are excellent in employment law and their associates’ level of knowledge is partner-level.’

‘They are able to understand the issues from the core, combine a commercial approach with a depth of expertise and come up with innovative solutions.’

Gizem Gunel’s depth of experience of employment law is exceptional. Very committed.’

Understanding of U.S. market needs and practices and the ability to summarize Turkish law in an easy-to-digest manner for a U.S. audience. All around professional, easy to deal with and highly competent team.’

Gizem Gunel is excellent at providing easy-to-implement advice. She’s very diligent while being super responsive and a great communicator.’

I really like how Turunç’s employment team works in harmony with their M&A team. Many Turkish companies have employment compliance problems and this is an risk that we need to tackle during negotiations as well as post-closing. The Turunç team provides accurate and workable solutions to these risks.’

Key clients

Boğaziçi Ventures

beWise

Caffè Nero

Kuika

System Optima

Camper Shoes

Hoover/Candy

Acquia, Inc.

SC Johnson

Itochu

Taxim Capital

Al Fakher

Work highlights

  • Advised Camper on employment law issues related to its retail store employees in Turkey.
  • Advised beWise on developing the framework for its own multinational compliance model to enable small businesses and freelancers to invoice their customers through beWise.
  • Assisted System Optima with setting up a global employee stock option plan.

Turkey > Intellectual property Tier 3

The IP team at TURUNÇ has ‘superb legal knowledge and good commercial judgement‘, collaborating closely with the firm’s corporate partners to assist a range of international clients with brand protection issues, including trade mark registration and IP litigation, as well as advising on the IP aspects of M&A. Appointed partner in 2021, Esin Çamlıbel is the well-regarded practice head. Associate Beste Yıldızili Ergül provides support on the full range of matters.

Practice head(s):

Esin Çamlıbel

Other key lawyers:

Beste Yildizili

Testimonials

‘A lot of intellectual property lawyers work in a vacuum and don’t always understand transactions. Not Turunç’s lawyers. On M&A deals, their intellectual property lawyers understand the deal dynamics really well and deliver useful advice. This is thanks to their superb legal knowledge and good commercial judgement. I also like that they have a wide international network to assist with registering trade marks.’

‘Esin Çamlıbel and Beste Yildizili are the lawyers we work with and we are extremely happy with them both. They are professional, have high ethical standards and are technical experts.’

‘IP is our primary asset and protecting it is our utmost priority. Turunç understand and internalise both of these statements. They draft ironclad contracts to protect us from infringement by counterparties.’

‘I really like how Turunç’s IP team works in harmony with the M&A team. IP rights are increasingly important in M&A deals given the rise in technology so we need to be protected post-acquisition. The Turunç team is very good at identifying risks and devising solutions to minimise them. A lot of these risks have to do with employee-created IP so we appreciate that Turunç’s employment and IP teams work together.’

‘Their strength is their ability to understand complex patent and commercial issues. They are detailed and pragmatic at the same time. Thanks to their strong commercial intelligence, they not only offer tailor-made legal advice and understand of our line of work, but also give us strategic guidance which is very valuable.’

‘Esin Çamlıbel is a delight to work with. She is detail-oriented, always asks the right questions and is efficient in her advice. Her academic background and her commercial experience come together perfectly. I’ve recommended her to various others and I know everyone was very happy.’

‘An experienced and commercially savvy team. They are proactive and well organised. Their advice is thorough and precise. We rely on them for our pan-European trade mark portfolio management, which is both efficient and cost-effective for us.’

‘Beste Yildizili is a pleasure to work with. She recently advised us on several trade mark registrations in Turkey and the process worked like a charm.’

Key clients

Boğaziçi Ventures

Petronas

Tüsiad

Camper Shoes

Casaretto Family

beWise

Al Fakher

Kuika

Vektor Tanitim

Belectric Kuloglu

SC Johnson

BigChefs

DeepZen

Caffè Nero

Android Industries

Office 1 Superstore

Work highlights

  • Represented Petronas in a trade mark squatting dispute with a Turkish company related to one of its product ranges.
  • Advised beWise on developing the framework for its own multinational compliance model to enable small businesses and freelancers to invoice their customers through beWise.
  • Acted for Camper in an enforcement action against two counterfeit websites pretending to be Camper Turkey’s official sites.

Turkey > IT and telecoms Tier 3

TURUNÇ‘s ‘track record and reputation in the field of technology is impressive', particularly with regard to investments in the technology sector, advising international venture capital and private equity funds on transactions involving Turkish companies. Practice head Kerem Turunçhas his finger on the pulse of Turkey’s technology sector'; he is supported by Esin Çamlıbel on matters with IP elements.

Practice head(s):

Kerem Turunç

Other key lawyers:

Testimonials

‘Their track record and reputation in the field of technology is impressive. The know-how and experience they have built make them trusted partners. Transparency, trustworthiness, a proactive approach, international know-how and commercial awareness put TURUNÇ above other firms.’

‘Kerem Turunç’s technology work is very international, which sets him apart from other lawyers in Turkey. The fact that he’s qualified in New York and England is very helpful. When we deal with US or English law questions, we don’t have to go elsewhere to find an expert.’

‘Kerem Turunç is probably the most tech-savvy lawyer I know. He is very in tune with global developments. His background in coding, angel investing and representing VCs is extremely useful in discussing new projects and trends.’

‘They understand technology issues as well as firms like the top UK firms we usually deal with. Even though they’re a Turkish firm, thanks to the international background of their partners, they are in tune with international trends and are very well connected.’

‘Understanding technology is a key asset for lawyers advising us. The Turunç team does a lot of technology work including work for venture capital funds. This is extremely useful for us in understanding the latest market practices and being connected to the Turkish technology ecosystem.’

‘Kerem Turunç is our main contact. He has his finger on the pulse of Turkey’s technology sector and understands not only legal but also technical and commercial issues. His international connections are also very helpful for us in finding technical and other experts. Kerem sits at the heart of the tech world both personally and professionally.’

‘It is truly a global firm which is great at coordinating across multiple jurisdictions. They always impress us with their deep legal knowledge and extensive industry understanding. They have a strong team of individuals with great expertise and commercial acumen.’

Key clients

Hopin

beWise

TÜSİAD

Boğaziçi Ventures

Vinci Venture Capital

Kuika

DeepZen

interTouch

Netcad

Micro Focus

Work highlights

  • Advised Hopin on its acquisition of Boomset, forming a leading all-in-one event management platform.
  • Advised Boğaziçi Ventures on various investments.
  • Advised Vinci Venture Capital on various investments.

Turkey > Competition Tier 4

TURUNÇ assists its predominantly international client base with competition and antitrust issues arising from M&A, as well as providing support and preventative advice regarding authority investigations. Founding partner Noyan Turunç has extensive experience across all corporate transactions and their potential competition implications; he co-heads the team with Esin Çamlıbel, who became a partner in January 2021.

Practice head(s):

Esin Çamlıbel; Noyan Turunç

Testimonials

‘Proactive approach for sure. They are masters at preventing problems. We never have to worry about what issues may rise in the future. Also, transparency, trustworthiness, international know-how and commercial awareness put Turunç above other firms.’

‘Noyan Turunç: The only lawyer to call for tough decisions. Delivers legal and commercial advice at once.’

‘We normally work with Noyan Turunç and Esin Çamlibel. Both are able to provide easy-to-digest advice. Noyan in particular stands out with his experience and excellent understanding of commercial considerations. Esin’s academic background comes in handy in comprehending the approach of the Competition Board to issues.’

‘Esin Camlibel is the embodiment of perfect combination of business and academia. This is an unrivalled feature of Turunc when combined with Noyan Turunc’s extensive understanding of the business and the market.’

‘I really like how Turunç’s competition team works in harmony with their M&A team. Their competition advice is detailed, takes into account deal dynamics and is easy to implement.’

‘Noyan Turunç and Esin Çamlibel – It’s a luxury to be working with two such deeply experienced competition experts. Noyan is a great strategist and Esin knows every technical detail of the law. We don’t have to worry about merger clearance and post-acquisition risks thanks to their advice.’

‘Noyan Turunc is a standout competition lawyer. Excellent knowledge. Remarkable commercial understanding. His advice brings together his legal expertise with his solution-oriented approach.’

‘Esin Camlibel is our go-to person. She’s always on the ball.’

Key clients

SC Johnson

Tatilbudur

BigChefs

Peoplise

Caffè Nero

Itochu

Android Industries

Riverwood Capital

Micro Focus

Boğaziçi Ventures

Camper Shoes

Taxim Capital

Work highlights

  • Assisted SC Johnson with avoiding inclusion in the Turkish Competition Authority’s price gouging investigation.
  • Advising Boğaziçi Ventures on competition compliance issues relating to its investments.
  • Advised BigChefs on the competition law aspects of its international franchise agreements.

Turkey > Dispute resolution Tier 4

Operating from its offices in Istanbul, Izmir and Ankara, TURUNÇ's team acts for Turkish and international clients in commercial litigation, intellectual property, employment, product liability, and insurance disputes. Noyan Turunç, who has ‘vast experience in litigation and mediation processes’, is a noted member of the practice, which also includes Kerem Turunç, who has solid cross-border skills, and senior associate Gizem Günel.

Practice head(s):

Noyan Turunç; Gizem Günel

Other key lawyers:

Testimonials

‘They are open to and proactively recommend mediation and other forms of alternative dispute resolution. For this reason, we’ve also engaged them on several international disputes we’ve had over the years and they mediated these disputes successfully and quickly.’

‘We work with Noyan Turunç on larger matters and mediation. He is a tough yet pragmatic negotiator and gets results every time. He is a fantastic advocate to have on your side.’

For employment law disputes, we work with Gizem Günel, who is technically superb.

‘Noyan Turunc is our go-to partner. He has vast experience in litigation and mediation processes.’ 

‘Noyan Turunc understands the commercial issues underlying the dispute right away and sets just the right strategy for the case. He commands his team very diligently.’

‘Very well researched and written court submissions.’

‘They are highly experienced at all levels and a very hard-working and thorough team. They look at matters from a broad perspective and are able to offer top quality service.’

‘They are very knowledgeable and solution-oriented. They transform very challenging situations and complex matters into ordinary hiccups for us. They are analytic, organized and always provide practical advice.’

Key clients

Amway

British American Tobacco

Chevrolet

PETRONAS

Camper Shoes

Caffè Nero

SC Johnson

WON

Trendtex

Vektor Tanitim

Work highlights

  • Represented Petronas in a cross-border trademark dispute concerning one of its product ranges against a Turkish company.
  • Represented WON in a court case against a subcontractor.
  • Represented Vektor Tanitim in two patent disputes against a start-up company using Vektor’s patented designs.

TURUNÇ is a true full-service law firm, providing transactional and preventive advice, as well as dispute resolution services to clients through offices in each of the three largest cities in Turkey. Since the firm was founded in 1990, it has built and maintained its practice on a core set of ideas and values:

Excellence – TURUNÇ provides the highest quality of legal service in each practice area – it takes pride in the work it does. Much of the firm’s work is highly sophisticated and requires extensive experience and attention. In order to deliver the high level representation clients need, it hires the best talent available and provides constant training. The result is a team of technically outstanding lawyers who also understand business matters and bring commercial solutions.

Strong relationships with clients – TURUNÇ strives to build long-lasting relationships with clients. It works hard to understand clients’ businesses and the industries in which they operate. The firm’s primary goal with every client is to gain their trust, build a long-term relationship and become an integral part of their business – a team member they can turn to when in need. Some of these clients include Borsa Istanbul, Caffe Nero, Cargill, S.C. Johnson, General Motors, PETRONAS and Warburg Pincus.

Teamwork and collegiality – TURUNÇ lawyers work hard, yet they maintain a clear, well-rounded perspective. Since its founding, the firm has always maintained a friendly, open and inclusive culture in which individuality and independent thinking are highly prized. The firm’s lawyers work in collaborative, collegial teams across practice areas and offices. This has a range of tangible benefits for the firm’s clients.

Social responsibility – TURUNÇ lawyers are proud to be members of the legal profession and understand the role they can play towards achieving positive social change. Thus, the firm encourages its lawyers to do pro bono work and treats pro bono matters with the same close attention as it would any other matter.

Areas of practice

TURUNÇ’s practice encompasses all areas of corporate and commercial law, mergers and acquisitions, dispute resolution, capital markets, bank finance, competition, intellectual property and employment law across the full range of industries.

On corporate transactions, in addition to the transactional advice it provides, the firm also handles all specialised areas, such as competition, intellectual property and labour law in-house, making transactions seamless and efficient. TURUNÇ also provides full ongoing legal advice post-closing in all areas.

TURUNÇ’s corporate strength is matched by its deep experience in dispute resolution. Its team litigates several hundred cases each year in various industries across a wide range of areas. These include competition, corporate and commercial, finance, insolvency, insurance, intellectual property, real estate, administrative and tax litigation, and tort and product liability defence.

DepartmentNameEmailTelephone
Banking and finance Noyan Turunçnturunc@turunc.av.tr
Capital markets Kerem Turunçkturunc@turunc.av.tr
Commercial and corporate Dr Esin Çamlibelecamlibel@turunc.av.tr
Competition (antitrust) Dr Esin Çamlibelecamlibel@turunc.av.tr
Customs Dr Esin Çamlibelecamlibel@turunc.av.tr
Energy, infrastructure and project finance Noyan Turunçnturunc@turunc.av.tr
Insurance Noyan Turunçnturunc@turunc.av.tr
Intellectual property Beste Yildizilibyildizili@turunc.av.tr
IT and telecoms Kerem Turunçkturunc@turunc.av.tr
Labour and employment Noyan Turunçnturunc@turunc.av.tr
Litigation, arbitration and dispute resolution Gizem Günelggunel@turunc.av.tr
Mergers and acquisitions, joint ventures Kerem Turunçkturunc@turunc.av.tr
Real estate Ecem Kütükçülerekutukculer@turunc.av.tr
Restructuring and insolvency Noyan Turunçnturunc@turunc.av.tr
Tax Noyan Turunçnturunc@turunc.av.tr
Number of lawyers : 17
English
Turkish

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