Akol Law > SISLI/ISTANBUL, Turkey > Firm Profile

Akol Law
LEVENT MAHALLESI, KANYON OFIS BINASI BUYUKDERE CAD. NO:185 KAT:12
34394
Turkey

Turkey > Commercial, corporate and M&A Tier 1

Akol Law‘s practice comprises a group of ‘exceptionally talented, commercially minded’ and practical lawyers, who are fronted by Meltem Akol, ‘one of the pioneers of the Turkish market’, who always ‘delivers high-quality advice’; and Tuğçe Tatari, who has a ‘deep knowledge of corporate and M&A law’ and ‘stands out with her exceptional commitment and remarkable people management skills’. The department handles acquisitions, minority investments, joint ventures, restructuring, and distressed M&A, and is becoming more focused on fintech, and e-commerce sectors. Senior associate Selin Tomay is another key member of the practice. Ömer Gökhan Özmen has moved to ÖzmenYalçin.

Practice head(s):

Meltem Akol; Tuğçe Tatari

Other key lawyers:

Testimonials

‘They are solution oriented and are very timely in their advice. We know that they have been involved in a considerable number of transactions in the recent years, we value that expertise.’

‘They had a sensible and pro-active approach to the deal, and they delivered an efficient work product. They grasp the commercial issues quickly and are a hard-working team.’

‘When compared to their peers, in terms of expertise and their pro-active approach to the deal and timing, they are one of the best in the market.’

‘Meltem Akol delivers the high-quality advice, assists with the strategic thinking and she is quite hands on. She is one of the pioneers of the Turkish market.’

‘Tugce Tatari is efficient, approachable, and available 24/7 and provides solution oriented and to the point legal advice. She understands client service and commercial approach to the matters. She can deal with difficult counterparts.’

‘I reached out to Akol Law after a recommendation from our global partner firm, and I must say that the entire experience with the team has been above and beyond my expectations. The team did not only provide the advise we asked for, instead they truly positioned themselves as our trusted advisor from day 1. They made a transaction that we internally deemed challenging much smoother than any of us could imagine. I also appreciate the way the team, and Tugce Tatari in particular, supported the decision makers from the business which boosted their confidence when tackling commercially challenging areas in the transaction.’

‘Tugce Tatari stands out with her exceptional commitment and remarkable people management skills.’

Key clients

Actera Group

Aygün Cerrahi

DAW SE

Doğan Holding

Elekta Solutions

AB Fit Bilgi İşlem Sistemleri

FM Engineering

Global Ports Holding

HFC Prestij

Human Care HC AB

Is Girisim

KAVAK

KavoKerr

Kıraç Gayrimenkul

Klöckner

Legal Studio

Martin Braun

Mavenir Group

OBilet Bilişim Sistemleri A.Ş.

Olayan Group

Opengate Capital

Palmet

Polhem Infra

Royal Reesink

Work highlights

  • Advised OH Oil Investments on its proposed capital subscription of approximately $125m in Trendyol as part of a $1.5bn fundraising.
  • Advised Global Yatırım Holding on the sale of Port of Akdeniz (Antalya) to Qatar’s commercial port operator QTerminals.
  • Advised Human Care HC AB, a portfolio company of AppliedValue Group, on its acquisition of 100% stake in Kenmak Hastane Malzemeleri ve Elektrostatik Boya San. Tic. A.Ş.

Turkey > Banking, finance and capital markets Tier 2

Recommended for its ‘considerable experience in capital markets and banking & finance’, Akol Law garners additional praise for housing ‘one the most sophisticated team in Turkey, especially for public offerings’. The practice is headed by capital markets specialist Meltem Akol. It has a sturdy track record handling IPOs, DCM, bank finance, structured finance, project finance and other banking mandates. Ömer Gökhan Özmen, Güneş Yalçın and Damla Keskin Şerbetcioğlu have moved to ÖzmenYalçin.

Practice head(s):

Meltem Akol

Testimonials

‘The team is reachable, I can get my answers very quickly. They are also very experienced. Because they are working in so many different transactions, they are very familiar about the problems which may occur.’

‘Akol Law has considerable experience in Capital Markets, Banking & Finance as well as Mergers & Acquisitions. Apart from these experiences, Akol Law has good relations not only with their clients but also government agencies such as CMB.’

‘Thanks to Akol Law’s experience in IPO projects, they responded our and Capital Markets Board (CMB)’s needs fast so that the IPO process was so smooth and completed successfully in a very short time.’

‘Akol Law firm is one the most sophisticated team in Turkey, especially for public offerings. Team members are very cooperative and experienced in their fields. Public offering is a long and challenging process, many people from different companies have been involved in the working groups, Akol members are very good at managing all the parties.’

‘I have been working with Akol since 2019 on multiple projects. We have worked on Initial Public Offerings, where they have advised us and our clients on all aspects related to Initial Public Offering including legal due diligence, preparation of offering circular and other Capital markets Law related documentation. They are the most proactive legal advisors I have worked so far, they cover much more areas than they should and offer a huge relief on documentation and other to-do’s for investment bankers and the clients.’

‘Akol team is quite competent in banking&finance area. They have profound knowledge of the local market, dedication to deliver top-notch service and high capability of working alongside international law firms.’

Key clients

EBRD

VTB Capital plc

TSKB

China Development Bank

Vakıfbank

Odeabank

İş Bankası

Yapı ve Kredi Bankası A.Ş.

Deutsche Bank AG

Garanti Bankası

Fibabanka

SCCF Structured Commodity & Corporate Finance SA

BNP Paribas

Aldridge Mineral

Birleşik İpotek Finansmanı A.Ş.

Palmet Enerji A.Ş.

Société General

Kervan Gıda

TSKB

Exness Global Limited

Biotrend Çevre ve Enerji Yatırımları A.Ş.

Hayal Seramik Yapi Ve Ürünleri Turizm Sanayi Ticaret A.Ş.

Tureks Turizm

Midas Menkul Değerler A.Ş.

Oyak Yatırım

T. İş Bankası A.Ş.

Kütahya Şeker

TKYB

Deniz Yatırım

Garanti Yatırım

YapıKredi Yatırım

Gedik Yatırım

Work highlights

  • Assisted Türkiye Garanti Bankası in the preparation of loan agreement and security documents regarding the financing of acquisition of Sesa Ambalaj by Doğan Holding.
  • Assisted Türkiye Vakıflar Bankası in its issuance of $750m 6.500% Sustainable Notes due 2026.
  • Assisted BIOTREND in its Initial Public Offering with Borsa İstanbul and DENİZYATIRIM and TSKB as the underwriters.

Turkey > Energy Tier 2

Akol Law is a frequent fixture in Turkey’s energy market, playing a particularly prominent role in financing and capital markets matters. The team acts for a number of domestic banks and financial entities, domestic and international energy companies, and energy project developers, and for cross-border matters it has a network of regular collaborators at top firms in the UK, US and elsewhere. Leading the team are private equity expert Meltem Akol and the ‘diligentTuğçe Tatari, who focuses on M&A. Ömer Gökhan Özmen and Güneş Yalçın have moved to ÖzmenYalçin.

Practice head(s):

Meltem Akol; Tuğçe Tatari

Testimonials

‘The team is small and flexible. Their defining feature is their leader, Meltem Akol. They are our go-to lawyers for any M&A prospect, especially for legal due diligence and for share purchase negotiations.’

‘Meltem Akol, the founding partner, pays personal attention to clients and participates in agreement negotiations. We had absolute confidence in her, almost as much as we had in our in-house attorneys, and we were able to utilise her years of experience in the Turkish market.’

‘M&A partner Tuğçe Tatari is a diligent lawyer and an excellent person to have on your side, especially if you are negotiating a multi-faceted acquisition contract. We were able to navigate a very complicated contract fairly easily thanks to her.’

‘The team are always available when you need them and always have a solution-oriented mindset. Meltem Akol has a young team consisting of really talented lawyers who have experience in a variety of businesses. They have very good relationship management with counterparties.’

Key clients

Aldridge Mineral

Glencore

Halk Bankası

IC Içtaş

İşbank

Odeabank

Palmet Enerji

Vakıfbank

Biotrend

TSKB

Yapı Kredi

Work highlights

  • Advised Palmet on its acquisition of the gas distribution assets of Engie, including its gas distribution network and the 775MW Baymina gas-fired power plant near Ankara.
  • Advised Yapı ve Kredi Bankası and Türkiye Halk Bankası on the restructuring of Çan2 Termik’s existing loans.
  • Assisted Biotrend with its IPO.

Turkey > Project finance/projects Tier 2

Akol Law has particular expertise in project and acquisition finance transactions as well as secured and unsecured loan transactions, representing both lenders and borrowers. The team has also earned a solid reputation for advising on healthcare PPP, infrastructure, energy, utilities and other significant construction projects in Turkey. Ömer Gökhan Özmen, Güneş Yalçın and Damla Keskin Şerbetcioğlu have moved to ÖzmenYalçin.

Key clients

Yapı Kredi

Halk Bankası

IC Içtaş

Vakıfbank

İşbank

Odeabank

Palmet Enerji A.Ş.

TSKB

Turkey > Restructuring and insolvency Tier 2

Akol Law has the ability to represent both domestic and foreign clients in numerous restructuring and insolvency matters from every angle, from financial restructuring – an increasing area of work for the team – to corporate restructuring and insolvency proceedings. Key members of the team include Meltem Akol and Tuğçe Tatari. Ömer Gökhan Özmen, Güneş Yalçın and Damla Keskin Şerbetcioğlu have moved to ÖzmenYalçin.

Practice head(s):

Meltem Akol; Tuğçe Tatari

Key clients

Vakıfbank

Odeabank

Ziraatbank

İşbank

Yapı Kredi

Galatasaray

General Electric (“GE”)

Syneos Healthcare

Coty, Inc

İş Girişim – Tatilbudur

Work highlights

  • Represented Yapı ve Kredi Bankası and Türkiye Halk Bankası in the restructuring of Çan2 Termik’s existing loans of an approximate amount of €210m.
  • Advised Galatasaray on the execution of a restructuring agreement for its present financial obligations.
  • Advised the lenders (İş Bankası, Denizbank, Garanti Bankası, Halk Bankası, Vakıfbank ve Ziraat Bankası) on the restructuring regarding the loans provided to Çelikler Group regarding the acquisition of Seyitömer Coal Power Plant amounting to approximately $1.35bn.

Turkey > Competition Tier 4

The firm: Akol Law is a leading and innovative independent Turkish law firm operating in both the local and international market. Our quality and expertise combined with our client-dedicated flexibility are focused upon delivering you an unrivalled level of service. We have international law backgrounds and capability but also have deep local knowledge and the flexibility to operate efficiently in the Turkish market. This gives our firm a diverse edge and enables us to offer competitive fee quotes as well as being a direct and comprehensive advisor to our clients on all aspects of a matter. We have English law and other jurisdictional capability, and work alongside international firms and independent local law firms in other countries to achieve the best results for our clients.

Our core values and attributes: We have a strong set of core attributes that reflect the main characteristics underpinning our work and corporate culture.  This makes us unique and differentiates us from others, this is how we define ourselves and our business, and why we are the law firm of choice for clients.

  • Strong cross-border expertise and credibility with the ability to lead and manage international matters
  • Market-leading awareness of the legal, regulatory, business, political and economic environment, built over many years at the heart of the sectors driving the economy
  • Ability to complete transactions efficiently and effectively with a focus on commercial solutions
  • Seamless integrated service across multiple disciplines – using the right people for the right advice
  • Experienced mediation and negotiation skills with Turkish and international clients
  • Modern, service-led approach with passion for giving clients what they need, when they need it

Our principal practice areas: Akol Law focuses on providing client-based legal consulting to its clients. Our solution oriented approach is tailored to the business fields of our clients.

Our team has market-leading expertise in the below-listed principle practice areas across a variety of sectors.

  • Corporate, mergers and acquisitions
  • Project finance
  • Banking and finance
  • Acquisition finance
  • Capital markets
  • Dispute resolution
  • Real estate
  • Data protection
  • Intellectual property
DepartmentNameEmailTelephone
Meltem Akolmakol@akol.av.tr
Tuğçe Tatarittatari@akol.av.tr
Gökhan Özmengozmen@akol.av.tr
Güneş Yalçıngyalcin@akol.av.tr
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English