Clifford Chance and its Turkish arm, the Yegin Cifti Attorney Partnership, have advised the QNB Group on its acquisition of the National Bank of Greece's 99.81% stake in Finansbank A.S. in Turkey. Freshfields and the Verdi law firm advised the sellers. QNB Group announced that it would launch a Mandatory Tender Offer in Turkey for the remaining 0.19%.
On April 5th, 2016, the Department of Justice (“DOJ”) announced the Foreign Corrupt Practices Act Enforcement Plan and Guidance (“Guidance”) which aims to ensure greater accountability for Foreign Corrupt Practices Act (“FCPA”) violations and provide greater transparency for companies with regard to mitigation.
“The guys in the Central European group were a really collegial group and we really enjoyed what we did and truly felt we were making a difference, and we had good clients, and the results were really gratifying. So it was a very good, unique core group of people who were fully committed to Central and Eastern Europe at a historic time.” – Obie Moore
Turunc has represented Eigenmann & Veronelli S.p.A (E&V) in its acquisition of the shares held by its joint venture partners in E&V's Turkish affiliate, Eigenmann & Veronelli Kimyasal Ticaret ve Sanayi A.S. The sellers — Ipek Mustecaplioglu, Ismet Mustecaplioglu, and Reis Pazarlama ve Ticaret Limited Sirketi — were represented by Bumin & Varlik.
Women’s Day is behind us, but the subjects of gender equality and equal opportunity are of year-round concern. This, the first part of a special two-part CEE Legal Matters article on women in private practice in CEE, provides the numbers and percentages from leading law firms across CEE, as well as a more thorough snapshot of one representative market. Part II of the report, in the June issue, will pull back the curtain even more, providing feedback and perspectives from lawyers across the region.
Turunc has advised Charlesbank Capital Partners on Turkish aspects of its acquisition of a controlling interest in Plaskolite. The Serap Zuvin Law Offices advised Plaskolite on Turkish aspects of the deal. The US counsels on the deal were Goodwin Procter for Charlesbank and Vorys, Sater, Seymour and Pease for Plaksolite.
Kolcuoglu Demirkan Kocakli has advised the European Bank for Reconstruction and Development in it acquisition of a minority stake of the Turkish port operator Global Ports Holding (GPH) in a move to boost the company’s operations. The Akol Law Office advised GPH (or Global Liman Isletmeleri AS, as it is known in Turkey).