Kinstellar and its Turkish affiliate KST Law have advised Eleven Fund III Cooperatief on its USD 1.1 million seed investment in Magfi. May Law Office advised Magfi.
Turunc Advises ICV Partners on Sale of Horizon Air Freight to GHK Capital Partners
Turunc, working with DLA Piper's Atlanta office, has advised ICV Partners on its sale of Horizon Air Freight to GHK Capital Partners. Davis Polk & Wardwell reportedly advised the buyer.
Aksan Law Firm Advises Livzym Biotechnologies on Investment Round Led by Lallemand
Aksan Law Firm has advised Livzym Biotechnologies on a recent investment round led by Lallemand via its Swiss affiliate Danstar Ferment.
Ayse Demirel Atakan Joins Paksoy as Partner
Former Verdi Partner Ayse Demirel Atakan has joined Paksoy as a Partner in the firm's corporate law, M&A, and private equity practice.
Clifford Chance Advises on Albaraka's Establishment of USD Sukuk Program
Clifford Chance has advised arrangers and dealers Emirates NBD Capital and Standard Chartered Bank on the establishment of Albaraka MTN Ltd.'s Shari’a-compliant trust certificate issuance program with Albaraka Turk Katilim Bankasi as the obligor.
Aksan Law Firm Advises Gundogdu Gida on IPO
Aksan Law Firm has advised Gundogdu Gida on its IPO.
Clifford Chance Advises on EUR 300 Million MIGA-Backed Financing to Turk Eximbank
Clifford Chance has advised the financiers on a EUR 300 million loan made available to Turk Eximbank under the guarantee of the Multilateral Investment Guarantee Agency.
Bezen & Partners Advises Roenesans Group on USD 165 Million ECA Financing
Bezen & Partners has advised the Roenesans Group on a USD 165 million ECA financing from HSBC Bank Middle East and ING Bank, with coverage and guarantee from Euler Hermes for three wind farm projects. SZA Schilling, Zutt & Anschuetz reportedly advised Euler Hermes.
Clifford Chance Advises UKEF and Standard Chartered Bank on EUR 249 Million Financing for Kaylon Enerji
Clifford Chance has advised UKEF and Standard Chartered Bank on the UKEF and KUKE-covered green financing of EUR 249 million for Kaylon Enerji.
The Slow Roast of Summer Months
Summer is traditionally a slower period for many, including the legal sector, but, if used right, the time can pay dividends for law firms.
The Inside Track: Whistleblowing – In-House or Outsource?
In the Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. With organizations continuously challenged to adapt to new and complex legal frameworks, this time we asked: For the implementation of whistleblowing requirements, do you intend to use internal resources or outsource, and why?
Turkiye: Green Energy Infrastructure and PPP Projects
Public-private partnerships (PPPs) are cooperation agreements between public and private sectors for providing public services traditionally provided by the state and funded by taxpayers. These partnerships involve sharing investments, risks, liabilities, and revenue between the parties, ensuring public welfare by addressing economic challenges in essential sectors. PPPs offer an alternative approach to traditional state-financed projects, allowing faster and more efficient construction of large-scale projects.
Esin Attorney Partnership Advises ACWA Power on Debt and Ownership Restructuring of Turkish Affiliate ACWA Guc
Baker McKenzie’s Turkish affiliate law firm Esin Attorney Partnership, working with Covington & Burling, has advised ACWA Power on the debt and ownership restructuring of its Turkish affiliate ACWA Guc. Paksoy and Milbank reportedly advised the lenders.
CCAO Advises Konfrut on Acquisition of Raz
CCAO has advised Konfrut on its acquisition of 50% of the shares in Raz Food and Agriculture via a capital increase.
Baker McKenzie, Esin Attorney Partnership, White & Case, and GKC Partners Advise on Erdemir's USD 950 Million Senior Notes Issuance
Baker McKenzie and its Turkish affiliated firm Esin Attorney Partnership have advised Eregli Demir ve Celik T.A.S. (Erdemir) on its issuance of USD 950 million 8.375% senior notes due 2029. White & Case and its Turkish affiliated firm GKC Partners advised the managers.
A Brief Assessment of Turkiye’s International Direct Investment Strategy for the Period 2024-2028
On July 29, 2024, in the Official Gazette No. 32616, Türkiye’s International Direct Investment (‘‘IDI’’) Strategy for the period 2024-2028 was announced to the public. This strategy aims to move Turkey to a stronger position on the global investment map by setting Turkey’s goals and priorities in the field of international direct investments and targets to create a comprehensive support mechanism to reduce the obstacles faced by investors in Turkey and to provide solutions to their needs.
AECO Law and Egemenoglu Advise on Aluflexpack's Acquisition of Teko
AECO Law has advised Aluflexpack AG on its acquisition of the remaining 20% stake in Teko Aluminyum Sanayi A.S. Egemenoglu advised the seller.
Umut Rasim Ozbay Joins Gen Temizer
Former Ozbay & Okumus Partner Umut Rasim Ozbay has joined Gen Temizer Erdogan Girgin Attorney Partnership as a Counsel.