Tunc Firat Dereli Attorney Partnership > Istanbul, Turkey > Firm Profile

Tunc Firat Dereli Attorney Partnership
Levent 199 Esentepe Mahallesi
Büyükdere Caddesi, No: 199, Floor: 5
Levent, ?i?li, ?stanbul
Turkey

Turkey > Energy Tier 3

Tunc Firat Dereli Attorney Partnership fields a team with ‘in-depth energy experience' that focuses on portfolio acquisitions, energy project developments, financings and joint ventures. The team advises on matters in the oil and gas and renewable energy sectors, as well as other forms of power. Zeynel Tunç is praised for his ‘extensive knowledge regarding energy regulations, disputes and contractual frameworks'; he co-leads the practice with Nazlı Dereli Oba, who focuses on arbitration and finance matters in the sector.

Practice head(s):

Zeynel Tunç; Nazlı Dereli Oba

Other key lawyers:

Bengü Coşkun; Delal Özvarış; Tuğçe Ergüden

Testimonials

‘The team is dedicated and their response to any question is very quick.’

‘The reason we work with Tunç Firat Dereli is that they have in-depth energy experience combined with sophisticated legal minds. They have a team consisting of truly professional lawyers with industry backgrounds, which enables them to speak the same language as our commercial and technical teams. We are impressed by their negotiation skills and unique, constructive approach. They handle complex and difficult processes smoothly with a great degree of responsiveness.’

‘Zeynel Tunç has exceptional negotiation skills and admirable legal knowledge. He always provides clear advice with quick turnaround, and does not hesitate to dive into commercial and technical issues to successfully resolve a deadlock.’

‘Zeynel Tunç has extensive knowledge regarding energy regulations, disputes and contractual frameworks. This knowledge can make the difference for potential clients.’

‘Two of the partners, Zeynel Tunç and Nazlı Dereli Oba, have experience working in the legal departments of leading Turkish energy companies. Due to this fact, they have extensive hands-on experience and an in-depth understanding of the regulatory aspects of energy matters. Our experience with TFD has been as if they are our in-house legal department, rather than being an external firm. This helped a lot in negotiating contracts with our customers and our interactions with regulatory bodies.’

‘Zeynel Tunç is very knowledgeable and he has extensive experience in the energy sector. More importantly, he has great social skills, enabling us to communicate with him very efficiently.’

‘Zeynel Tunç has in-depth knowledge of the legal aspects of projects, but also understands the technical aspects and can speak the same language as construction professionals. He always asks the right questions and communicates effectively.’

Key clients

Karadeniz Holding

Akfen Holding

Akfen Renewables

Enerco Energy

General Electric

Titan2 IC İçtaş

GKE Energy

Albioma

Alfa Consult

TWL Holding

Power Europe

Serbest Energy

GE Global Parts & Products

Sarı Kanat Energy

Korda Energy

Kovancı Energy

Derbent Energy

Isıder Energy

Borusan ENBW Energy

Türkiye Vakıflar Bankası

Work highlights

  • Advised Albioma Group on the acquisition and sale of a company that owns a geothermal power plant in Turkey.
  • Advised General Electric, as the creditor, in relation to Gama Group’s $890m debt restructuring, subject to an enhanced out-of-court debt restructuring scheme.
  • Advised Serbest Energy on the financing of its wind power project by Kuveyt Türk Participation Bank.

Turkey > Restructuring and insolvency Tier 3

Tunc Firat Dereli Attorney Partnership has restructuring and finance expertise across a full spectrum of products and structures. The team, which is led by Hüseyin Dikme, Medet Çınar and Mahmut Fırat, is regularly retained by corporate debtors and insolvency practitioners and other stakeholders in a debtor's capital structure, including banks, bondholders and financial sponsors, in addition to funds and companies looking to invest in or acquire a distressed business.

Practice head(s):

Hüseyin Dikme; Medet Çınar; Mahmut Fırat

Key clients

Ge Global Parts & Products Gmbh, Ge Solutions W.L.L.

Garanti Koza Construction

Acacia Mining

Kılıç Ambalaj ve Matbaacılık

Alcas Metal Sanayi A.Ş

Keban Integrated Meat

ASN Design

T.C. Vakıflar Bank

Turaç Textile

Pozitif Construction

Beta Yapı Sanayi

Gül-al Automotive

Özlem Ekin Akbulut Automotive

Tink Education

Renklerin Education

Dijital College

Work highlights

  • Advised General Electric, as the creditor, on GAMA Group’s $890m debt restructuring subject to enhanced out-of-court debt restructuring scheme.
  • Acted for Garanti Koza in the insolvency proceedings and coordinated meetings with the creditor financial institutions and other creditors.
  • Advised Acacia Mining on the restructuring of the junior facility in line with the restructuring of the senior facility.

Turkey > Project finance/projects

Zeynel Tunç, a former partner at Paksoy, launched Tunc Firat Dereli Attorney Partnership in November 2020; the firm is already noted for its expertise in regulatory, privatisation, PPP and project finance work.