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Allen & Overy and Shearman & Sterling have announced the appointment of David Foster as the new Regional Managing Partner for the Middle East, Turkiye, and Africa for the combined A&O Shearman firm, starting May 1, 2024. He will serve an initial term of two years.

Dentons' Turkish affiliate Balcioglu Selcuk Ardiyok Keki has advised Ikas on its USD 20 million Series A funding round led by the IFC and the Re-Pie Asset Management Company. Clifford Chance Turkish affiliate Ciftci Attorney Partnership advised the IFC. Unsal advised Re-Pie.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Allen & Overy and Turkish affiliate Gedik & Eraksoy have advised the joint bookruners on Akbank's USD 600 million issuance of 9.37% perpetual fixed rate resettable additional tier 1 notes. Baker McKenzie and Turkish affiliate Esin Attorney Partnership advised Akbank.

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