DURUKAN+PARTNERS > Istanbul, Turkey > Firm Profile
DURUKAN+PARTNERS Offices

BESTEKAR HACI FAIK BEY SOK. NO: 6
34349 BALMUMCU, BESIKTAS, ISTANBUL
Turkey
DURUKAN+PARTNERS > The Legal 500 Rankings
Turkey > Banking, finance and capital markets Tier 2
Several international banks count on DURUKAN+PARTNERS for advice on matters spanning the range of regulatory issues; secured and unsecured financings; and capital markets transactions and compliance, amongst other work. Begum Durukan Ozaydin is the practice head and is particularly renowned in the project financing space, while also standing out in core finance and insurance matters. Associate Furkan Ergün has assisted with debt refinancing, energy sector loan agreements, and export credit facilities, among other matters in a varied workload.
Practice head(s):
Begum Durukan Ozaydin
Key clients
China Development Bank
Arab Bank plc- Algeria
European Arab Bank plc (EAB)
Emaar Properties PJSC
International Finance Corporation (IFC)
Ansaldo Energia SpA
Turkiye Sinai ve Kalkinma Bankasi (TSKB)
Work highlights
Turkey > Restructuring and insolvency Tier 2
DURUKAN+PARTNERS‘ expertise in restructuring and insolvency covers the borrower-side restructuring of secured and unsecured financing, bankruptcy and insolvency. Banking and finance specialist Begüm Durukan is the main contact and leads on a host of matters, recently acting for a number of domestic companies and financial institutions. The team's client base also includes international sponsors of some of Turkey’s major energy and infrastructure projects.Practice head(s):
Begüm Durukan; Hikmet Fadillioglu
Key clients
Ojer Telekomunikasyon A.S. (OTAS)
Emaar Properties PJSC
Emaar Properties PJSC
Letterone Group and IMTIS Holdings
Perini Navi S.p.A.
Alimentation Couche-Tard
Europe Arab Bank
Gazprom Export LLC and ZMB Gaz Depo A.S.
Ansaldo Energia S.p.A
Work highlights
- Acted for Ojer Telekomunikasyon (OTAS), majority stakeholder in Turk Telekom, as well as its stakeholder Oger Telecom Limited, in the restructuring of OTAS’ $5.2bn debt to lenders.
- Advising Emaar on the restructuring of the $500m loan facility for the financing of Emaar Square Project.
- Advising LetterOne, indirect shareholder in Turkcell, on certain restructuring and shareholding issues and concepts of capital markets laws as they may apply to Turkcell.
Turkey > Project finance/projects Tier 3
DURUKAN+PARTNERS‘ activity in project financing dovetails with its real estate and M&A departments in advising across various issues relating to energy and infrastructure projects. Begum Durukan OzaydinPractice head(s):
Begum Durukan Ozaydin; Hikmet Fadillioğlu
Testimonials
‘Durukan Partners has a very efficient, knowledgeable and responsive team with attention to detail.’
‘Begum Durukan Ozaydin is a pioneer in her field, who understands what we are seeking and the way we do business. We have worked with her in matters relating to the financing and operation of our power projects for decades and she has always provided consistent, reliable, solid, timely and practical advice. She has an hands on approach in transactions and proactively takes over the responsibility of completing the legal side of the transactions without need for specific instructions.’
Key clients
China Development Bank
GSW Forward Pte. Ltd.
Emaar Libadiye, Emaar Properties
Ansaldo Energia SpA
Apple Inc.
Work highlights
- Advised Emaar, as borrower, on the $500m project finance facility regarding its Emaar Square Project.
- Acted for Power Engineers on the settlement of a payment issue with Zorlu, as the developer of the Kizildere II geothermal power project.
- Advised Enka Power Projects on legal issues regarding the operation of its Gebze, Izmir, Adapazari gas fired power projects.
Turkey > Real estate and construction Tier 4
DURUKAN+PARTNERS has a finance focus to its real estate and construction offering, loan facilities on various projects, hotel asset transfers, lease agreements, and sub-operating agreements are among the matters handled recently by the team. Practice heads Begüm Özaydin and Hikmet Fadillioğlu are the main contacts.Practice head(s):
Begum Durukan Ozaydin; Hikmet Fadillioglu
Key clients
Emaar Properties PJSC
Apple Inc.
Perini Navi S.p.A.
Housam Al Amri
Lina Saheb
ENKA İnşaat ve Sanayi A.Ş
Work highlights
- Advising Emaar Properties on transferring the hotel asset (Address Istanbul) under Emaar Private Equity Investment Fund.
- Assisted Apple with representation in the leasing of Apple Bagdat Street Flagship Store.
- Advised Perini Navi on the allocation of land by the Turkish treasury to the Turkish subsidiary to be used as the Tuzla shipyard and the reallocation to a third party.
Turkey > Commercial, corporate and M&A Tier 5
The ‘very efficient, knowledgeable and responsive team‘ at DURUKAN+PARTNERS has an eclectic client list drawn from its finance and capital markets expertise and the firm’s corporate law team support on day-to-day governance and contractual matters. Begum Durukan OzaydinPractice head(s):
Begum Durukan Ozaydin; Hikmet Fadillioglu
Testimonials
‘Although it is a boutique law firm, all the team members have indepth knowledge on legal matters and give comprehensive legal advice always in a timely manner.’
‘Begüm Durukan Özaydin- She is one of the best individuals in Turkish legal practice, especially in M&A and conventional financing. She is a very intelligent person, very responsive and gives high quality advice. You are in good hand when you work with Begüm.’
‘Very efficient, knowledgeable and responsive team with attention to details. Respective of client’s billing requirements/ timings.’
‘Begum Durukan Ozaydin is a very experienced lawyer who understands what we are seeking and the way we do business. She is able to find practical and creative yet legally sound solutions with full protection of our interests. We find her trustworthy and appreciate her legal guidance and input in transactions.’
‘Highly prudent about the service they provide. Always reachable and helpful on questions. Very knowledgeable about local and international M&A practices and governing laws.’
‘Small but a dedicated team. Partner directly in all practice and comments on any issues related to the deal.’
Key clients
Alimentation Couche-Tard
Ansaldo Energia SpA
Brev Bilisim A.Ş. (Brew)
Sephora Kozmetik A.S. and Benefit Cosmetics LLC
Daniel Wellington
dormakaba
Etam Turkey (Turkish subsidiary of Investint, formerly known as Etamint, in France)
Christian Dior
Bvlgari
HMT LLC and HMT Turkey
International Finance Corporation (IFC)
Letterone Group and IMTIS Holdings
Rhodium (Rolex distributor in Turkey)
Gazprom Export LLC and ZMB Gaz Depo A.S
Noris Medical Ltd.
International Materials, LLC / IMI Europe S.L.
Elite World Hotels
Work highlights
- Advised LetterOne, indirect shareholder in Turkcell, on certain restructuring and shareholding issues and concepts of capital markets laws as they may apply to Turkcell.
- Assisting Sephora Kozmetik with all its legal needs on corporate matters in Turkey.
- Acting for digital security company Gemalto in capital market concepts as applicable to Plastkart, in which Gemalto holds a majority stake.
DURUKAN+PARTNERS > Firm Profile
The firm: DURUKAN+PARTNERS is a full-service law firm combining the dynamism and motivation with the reliability of long-established experience of its members, comprising lawyers who are respected in the legal market and recognised in their fields for providing top-quality, trusted legal advice. The team members have worked together in harmony throughout many years and are inspired and desirous to embrace innovation. They are respected in their fields for trusted advice; the firm and its founding partner Begüm Durukan Özaydin is ranked as a leading individual across different practice areas. Besides the core team, DURUKAN+PARTNERS also benefits from the proficiency of advisors and specialists who provide expert advice in special fields of law and assist with project management on convoluted matters.
DURUKAN+PARTNERS is an independent Turkish law firm offering its clients a flexible global reach through networks and good connections with leading law firms worldwide.
DURUKAN+PARTNERS team members have well-deserved reputations ingrained with solid legal knowledge, many years of experience in representing leading market players, and a business-oriented approach to transactions. The firm serves domestic and foreign clientele including financial institutions, multinational companies, and leading corporations, in the structuring and implementing of their investments or transactions in Turkey, and facilitating their operations. DURUKAN+PARTNERS lawyers are proud to be trusted by their foreign clientele in becoming their local business partner in their endeavours in Turkey.
DURUKAN+PARTNERS has a solution-oriented, efficient and to-the-point approach, providing legal counselling to its clients in a professional and strategic manner. The firm’s lawyers are committed to preserving trust and adding value and listening to clients, knowing their business expectations as their trusted business partner. The firm’s lawyers can provide exceptional, integrated services; possess top legal skills coupled with articulation ability; act proactively and can demonstrate awareness of clients’ business expectations.
Areas of practice: DURUKAN+PARTNERS focuses on cross-border transactions, in the main practice areas of banking and finance, capital markets, corporate and commercial work, dispute resolution, employment and immigration, insurance, mergers and acquisitions, projects, public procurement, real estate and construction, restructuring and insolvency, as listed in alphabetical order. The high capability of the team members, the quality of services delivered and the team spirit offered attract the confidence of many clients.
The team at DURUKAN+PARTNERS provides legal assistance to clients across a range of sectors and industries. The team members possess sectoral and regulatory know-how, especially in the fields of energy and infrastructure, financial services (especially banking and insurance), capital markets, insurance, life sciences, retail and luxury brands, telecoms and information technologies, as listed in alphabetical order.
The team has long served clients in banking and finance matters, including financing, structuring and implementing energy, real estate and infrastructure projects. They have acted for lenders, sponsors and contractors in complex financings including in regulated sectors, infrastructure projects, transactions governed by intergovernmental agreements, acquisition finance deals. They also assist clients in refinancings and restructurings of existing loans.
In M&A transactions, the firm represents both the buy and sell sides and has negotiated with private and public sector counterparties. It has been instrumental in obtaining required regulatory approvals and licences, negotiating and preparing transaction documents.
The team has also extensively served clients in the establishment and termination of their presence in Turkey, structuring and implementing their corporate governance practices, in corporate housekeeping, contract surveillance and management, real estate, competition, intellectual property, retail and employment matters.
In capital markets work, the team has advised foreign authorised market players in the introduction of their products in Turkey and regulatory requirements applicable to transactions. They also represent clients before governmental agencies and independent regulators and provide advice to shareholders in publicly held companies in issues such as mandatory tender offers, corporate governance issues and shareholding issues.
The members of DURUKAN+PARTNERS represent clients in structuring their energy and real estate investments, provide regulatory advice and assist them with contract and licensing issues without limitation. Noteworthy clients include: Letterone, Emaar, Oger Telecom, Sephora, Ansaldo Energia and Gazprom.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Banking and finance | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Banking and finance | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Capital markets | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Capital markets | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Corporation and commercial | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Corporation and commercial | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Dispute resolution | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Dispute resolution | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Employment and immigration | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Employment and immigration | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Insurance | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Insurance | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Mergers and acquisitions | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Mergers and acquisitions | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Public procurement | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Public procurement | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Projects | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Projects | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Real estate and construction | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Real estate and construction | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Restructuring and insolvency | Begum Durukan Ozaydin | begumdurukan@durukanpartners.com | +90 212 266 66 93 |
Restructuring and insolvency | Hikmet Fadillioglu | hikmetfadillioglu@durukanpartners.com | +90 212 266 66 93 |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
![]() | Ibrahim BAYSAL | Counsel | View Profile |
![]() | Begum DURUKAN OZAYDIN | Founding Partner | View Profile |
![]() | Hikmet FADILLIOGLU | Partner | View Profile |
![]() | Damla GOKSEL EMIROGLU | Senior Associate | View Profile |
![]() | Deniz TORUN | Associate | View Profile |