Mr Ömer Çollak > Paksoy > Istanbul, Turkey > Lawyer Profile

The team at Paksoy is distinguished by its ‘exceptionally strong eye for detail’, according to sources. Equally adept at handling sophisticated finance transactions and complex regulatory work, the full-service practice also impresses with its longstanding relationships with cross-border lenders –  including foreign banks – as well as major corporate borrowers. Sera Somay heads the banking and finance group and specialises in financings, fund-related investments and restructurings. The department additionally fields a dominant capital markets offering, which is steered by go-to specialist Ömer Çollak; he recently advised Ebebek on its headline-grabbing IPO on the Borsa Istanbul. Corporate finance specialist Ökkeş Şahan, recently promoted to partner, is also to note, while Beril Paksoy and ‘up-and-coming talent’ Merve Kurdak are highly regarded senior associates.

Paksoy houses a thriving restructuring group that acts for debtors, creditors, sponsors and other stakeholders across a wide range of loan restructurings and insolvency proceedings. Increasingly, the full-service practice is also engaged to advise on non-performing loan (NPL) portfolios and distressed M&A transactions. Banking and finance head Sera Somay co-leads the team together with corporate and M&A head Elvan Aziz and capital markets specialist Ömer Çollak. The team also draws on a sizeable pool of counsels, including litigator Doğuhan Uygun and finance and projects-focused Zekican Samlı.