Gedik & Eraksoy > Istanbul, Turkey > Firm Profile

Gedik & Eraksoy

Turkey > Banking, finance and capital markets Tier 1

Clients of Gedik & Eraksoy’s banking, finance and capital markets group benefit from its ability to operate as a standalone practice, while also being able to link up with the Istanbul office of associate firm A&O Shearman. A popular choice for major financial institutions based in the US, Europe, the Middle East and Asia, the team handles a comprehensive spread of acquisition financings, syndicated financings, securities offerings, structured financings and regulatory issues, among other matters. Department co-head Hakki Gedik is sought after for his extensive experience in advising lenders and contractors on infrastructure and energy projects. Fellow co-head Umut Gurgey is highly regarded for his diverse banking and finance expertise, and senior associate Dilsah Gurses and associate Burak Ozsoy are also recommended.

Practice head(s):

Hakki Gedik; Umut Gurgey

Other key lawyers:

Adam Fadian; Dilsah Gurses; Burak Ozsoy

Key clients

Yapi Kredi

The European Bank for Reconstruction and Development (EBRD)


Work highlights

  • Acting for the lenders in relation to the acquisition financing of Turkey Wealth Fund’s $1.6bn purchase of LYY Telekomünikasyon’s 55% stake in Türk Telekom.

Turkey > Competition Tier 4

The competition practice at Gedik & Eraksoy assists a client roster of domestic and multinational corporates in manufacturing, banking, tech, aviation and education, with matters involving merger control, state aid, distribution systems, abuse of dominance and cartels. The group is led by counsel Süleyman Cengiz, a former employee of the Turkish Competition Authority, who draws on two and a half decades of experience handling competition law issues. The team is supported at the associate level by İpek İnce, who provides competition trainings to clients.

Practice head(s):

Suleyman Cengiz

Other key lawyers:


‘Suleyman Cengiz is an excellent competition lawyer with many years of experience, gained at private practice and, in particular, at the Turkish Competition Authority. He is a very diligent lawyer with deep legal expertise, which he excellently applies to the practical and business issues of his clients.’


Key clients

BSH Hausgeräte GmbH

Advent International

Work highlights

  • Advised a multinational technology company in relation to the Turkish Competition Board’s investigation into the digital sector, including on its compliance process relating to certain issues in Turkey.
  • Representing BSH Hausgeräte GmbH on both its ongoing investigation and its commitment procedure regarding restrictions imposed on authorised dealers on sales over online platforms.
  • Acting for a public petroleum and natural gas company in multiple merger control procedures before the Turkish Competition Authority.

Turkey > Project finance/projects

Gedik & Eraksoy’s projects group sits within the overarching banking and finance department and benefits from the firm’s longstanding association with global finance heavyweight A&O Shearman.

The firm: Gedik & Eraksoy is a full service Turkish law firm with international reach, working seamlessly with Allen & Overy’s offices around the world to deliver first class, efficient and integrated legal services.  Gedik & Eraksoy consist of a team of 11 Turkish lawyers who advise on a wide range of practice areas, including debt and equity capital markets, local and cross–border M&A, corporate, projects, banking and finance transactions as well as dispute resolution.

Led by our lawyers: Caner Elmas, a Turkish lawyer with over 15 years of experience in M&A, and Umut Gurgey – a Turkish lawyer with over 20 years of experience in banking and capital markets. The Gedik & Eraksoy team has a deep understanding of the Turkish legal framework and routinely handles all aspects of novel and sophisticated transactions in the market.

Association with Allen & Overy: Gedik & Eraksoy has an association with Allen & Overy LLP.

Through Gedik & Eraksoy, A&O can deliver Turkish law advice and execution capability “on the ground” in Turkey to Allen & Overy LLP’s internationally recognized high standards.

Allen & Overy LLP is one of the world’s leading law firms, with around 5,200 staff and 512 partners worldwide.  Since opening its first office in London in 1930, the firm has grown into a global organisation with 44 offices in 31 countries across Europe, Asia Pacific, the Americas and the Middle East.

Through the relationship with Allen & Overy LLP, Gedik & Eraksoy has access to a global network of offices and legal expertise, including their English legal team located in their Istanbul office.  If needed, G&E will be able to work together with the Allen & Overy LLP Istanbul office to provide the Clients with a one-stop shop for Turkish and English law advice.

Areas of practice

  • Antitrust and competition
  • Banking and finance
  • Capital markets
  • Corporate and M&A
  • Corporate governance and compliance
  • Employment
  • Financial services regulation
  • Insurance
  • Intellectual property
  • Islamic finance
  • Litigation, arbitration and investigations
  • Private equity
  • Projects
  • Real estate
  • Restructuring
Department Name Email Telephone
Energy (oil and gas)
Finance (project, acquisition, structured)
Syndicated lending
Islamic finance
Financial regulatory
Debt and equity capital markets
Private equity transactions
Real estate
Photo Name Position Profile
Caner  Elmas photo Mr Caner Elmas Caner is a Partner heading our Istanbul office Corporate and M&A team…
Nur  Ertekin  photo Ms Nur Ertekin Associate
Umut  Gurgey photo Umut Gurgey Umut is a Partner and practises all aspects of banking and finance…
Dilsah  Gurses Erulutekin photo Ms Dilsah Gurses Erulutekin Senior Associate
Irmak Su Aydınlı photo Ms Irmak Su Aydınlı Associate
Berkan  Tomay  photo Mr Berkan Tomay Associate
İpek  İnce photo Ms İpek İnce İpek is an associate and advises clients on wide range of antitrust…
Number of lawyers : 13
Allen & Overy