Paksoy draws on a host of skills to assist large enterprises and lenders on contentious insolvency matters, corporate restructuring, and M&A transactions involving distressed companies. It is recognised for its strength in concordat matters, liquidation, the sale of NPLs, debt restructuring and more. Co-head of M&A Elvan Aziz, head of insolvency and banking and finance Sera Somay, and capital markets specialist Ömer Çollak are the standout practitioners in a four-partner multi-disciplinary group. Somay was the lead partner in a $650m debt and ownership restructuring transaction in the energy sector on behalf of a consortium of domestic and international lenders.
L’éditorial du Legal 500

Clients clés

  • E.ON

Points forts

  • Advising EBRD, IFC, Akbank, K-Exim and Standard Chartered Bank on the restructuring of a project finance loan in the amount of USD 650 million obtained in 2012 by ACWA Power, a Turkish subsidiary of ACWA Group, for the construction and operation of a natural gas combined cycle power plant in Türkiye.

  • Advising the international lenders on the loan facility provided to STAR Refinery, a subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), for the development and financing of a USD 6.3 billion greenfield oil refinery in the Aegean Sea.
  • Representation of E.ON, a European operator of energy networks and energy infrastructure and a provider of innovative customer solutions, in an internal restructuring and change of holding company in Türkiye.

Avocats

Les grands avocats du marché

Avocats associés reconnus parmi les leaders du marché par leurs pairs et leurs clients, régulièrement présents dans les grands dossiers dans lesquels ils sont au premier plan.

Responsable de la pratique

Elvan Aziz; Sera Somay; Ömer Çollak