The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
BÜYÜKDERE CAD, BAHAR SOK NO 13, RIVER PLAZA KAT 11-12, LEVENT, SISLI, 34394 ISTANBUL, TURKEY
Tel:
Work +90 212 329 3000
Fax:
Fax +90 212 329 3001
Email:
Web:
www.baseak.com

Turkey

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 1

Balcıoğlu Selçuk Akman Keki

OutstandingBalcıoğlu Selçuk Akman Keki shines across the full spread of banking, finance and capital markets work. Barlas Balcıoğlu advises multinational and domestic banks on project finance, syndicated loans and structured finance. Recent work includes assisting Bank of America with the issuance of syndicated loans, respectively, to Akbank, ING Bank, Iş Bank and VakıfBank. Müfit Arapoğlu is particularly experienced in capital markets matters, as evidenced by his involvement in the IPOs of both Delivery Hero and Domino’s Pizza Eurasia. Günhan Yalçın and Tamsyn Mileham are other names to note. HSBC, Standard Chartered Bank and Koç Holding are also clients of the firm.

Leading individuals

Barlas Balcıoğlu - Balcıoğlu Selçuk Akman Keki

[back to top]

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Kekibrings dynamism, solid legal advice and problem-solving techniques to any negotiation table’ and is able to handle ‘the most complex and exhaustive deals’. The practice is led by Galip Selçuk and advises on transactions and contractual agreements, as well as inbound and outbound investment matters. In one recent highlight, the ‘creative deal structurerSelim Keki led advice to OMV regarding the €1.4bn sale of some of its subsidiaries, including OMV Petrol Ofisi, to VIP Turkey Enerji, a subsidiary of Vitol Investment of Holland. In other work, Doğan Eymirlioğlu assisted Pera Capital with its proposed acquisition of shares in Asset Medikal. Müfit Arapoğlu is also recommended.

Leading individuals

Galip Selçuk - Balcıoğlu Selçuk Akman Keki

Selim Keki - Balcıoğlu Selçuk Akman Keki

[back to top]

Competition
Competition - ranked: tier 2

Balcıoğlu Selçuk Akman Keki

Şahin Ardıyok heads the competition and regulation department at Balcıoğlu Selçuk Akman Keki and represents clients in investigations by the TCA. The practice also handles day-to-day competition matters and is particularly active in assisting with merger filings before the Turkish Competition Authority. In one recent highlight, the team led advice to LC Waikiki on the competition aspects of its franchise system in Turkey and Saudi Arabia. The firm’s client roster includes JTI, ING Bank and Turk Telekom.

Leading individuals

Şahin Ardıyok - Balcıoğlu Selçuk Akman Keki

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 2

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki provides ‘creative’ advice on contentious matters related to loan agreements, competition, employment and debt collection. In addition to litigation, the team is increasingly active in international arbitration. The recommended Özgür Akman heads the practice; Gülistan Baltacı and Semih Sander are other key figures. Clients include OMV, Mynet, Pizza Restaurantları and İpragaz.

[back to top]

Employment
Employment - ranked: tier 3

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki’s employment department is led by corporate and M&A expert Galip Selçuk. The team assists with the drafting and review of employment agreements and with labour disputes. Other work includes advising on collective dismissals arising from liquidations. Doğan Eymirlioğlu, Selim Keki and Özgür Akman are key names.

[back to top]

Energy
Energy - ranked: tier 1

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki’s energy practice advises on financing, transactions, joint ventures, contracts and agreements. The team is also experienced in sector-specific regulatory advice, licensing and contentious matters. In one recent highlight, practice head Barlas Balcıoğlu and Galip Selçuk led advice to Statkraft Enerji regarding the sale of its power plant project Çetin Hydroelectric. Özgür Akman handles energy-related disputes and Şahin Ardıyok focuses on regulation and competition issues. The client roster includes SunEdison, Acwa Power and Karadeniz Holding.

[back to top]

IT and telecoms
IT and telecoms - ranked: tier 3

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki advises on corporate and M&A, competition, regulatory compliance, data protection and privacy matters in the IT and telecoms sector. The team is led by Galip Selçuk; Özgür Akman handles contentious work. Şahin Ardıyok is experienced in regulatory and competition law. Clients include Alticor, Mynet Medya and Yemek Sepeti.

[back to top]

Intellectual property
Intellectual property - ranked: tier 4

Balcıoğlu Selçuk Akman Keki

Galip Selçuk jointly heads the IP practice at Balcıoğlu Selçuk Akman Keki alongside Özgür Akman. The team advises on trade mark registrations, cancellations, renewals and disputes. The client roster includes Bainbridge Holding, Mynet Medya and Yemek Sepeti.

[back to top]

Project finance/projects
Project finance/projects - ranked: tier 2

Balcıoğlu Selçuk Akman Keki

Barlas Balcıoğlu heads the department at Balcıoğlu Selçuk Akman Keki, which handles both inbound and outbound project finance and other project-related matters, such as contracts, financing, development, regulatory issues and transactions. The team has a strong track record assisting foreign solar energy companies with their entry into the Turkish market. Doğan Eymirlioğlu advises on foreign investment and cross-border transactions in the energy, infrastructure and construction sectors.

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 2

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki handles leasing, inbound and outbound investment, project finance, acquisitions and disputes. Recent highlights include advising Taca İnşaat ve Ticaret on its contracts with Djibouti Ports and the Free Zone Authority regarding the construction of a five-star hotel in Djibouti. Clients include Hilton, Wyndham Hotels and airport operator TAV. Barlas Balcıoğlu and Doğan Eymirlioğlu are recommended.

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 1

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki’s five-strong restructuring and insolvency practice is led by Özgür Akman, who also heads the dispute resolution department of the firm. The team handles cross-border restructuring, refinancing, liquidation and on litigious matters. Galip Selçuk is experienced in advising management and stakeholders on distressed M&A and corporate restructuring; Barlas Balcıoğlu is particularly active in the banking sector. Doğan Eymirlioğlu and Semih Sander are other key figures.

Leading individuals

Galip Selçuk - Balcıoğlu Selçuk Akman Keki

[back to top]

Transport
Transport - ranked: tier 1

Balcıoğlu Selçuk Akman Keki

Balcıoğlu Selçuk Akman Keki handles the full array of work in the transport sector, including aviation disputes, wet and dry shipping, general corporate and transactional matters, and regulatory issues. Recent highlights include advising Orix Aviation Systems on the sale of three aircraft to a Turkish airline. The client base includes banks, underwriters, shipowners, airlines and railway companies. The ‘knowledgeable and responsive’ Semih Sander jointly heads the team with Gülistan Baltacı, who is particularly active in shipping and aviation financing and transactional matters.

Leading individuals

Semih Sander - Balcıoğlu Selçuk Akman Keki

[back to top]


Further information on Balcioglu Selçuk Akman Keki

Please choose from this list to view details of what we say about Balcioglu Selçuk Akman Keki in other jurisdictions.

Turkey

Offices in Istanbul

Legal Developments in Turkey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Turkish DPA Warns with Principle Decision on Promotional Communications

    On November 1, 2018, Personal Data Protection Board ("Board"), acting under the Personal Data Protection Authority, published its principle decision with number 2018/119 in the Official Gazette, which then corrected on November 7, 2018 ("Decision"). Board's Decision is regarding prevention of promotional notifications, e-mail messages, text messages and calls that data subjects might receive from data controllers and data processors.
  • 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...