Restructuring and insolvency

Managing Partner

Association Partner

Piraye Kuranel Başol is among the leaders of our Banking & Finance and Infrastructure & Project Finance practice groups, advising on all aspects of financing transactions. Ms. Kuranel Başol is known for creating custom and efficient solutions for each particular transaction based on over two decades’ worth of experience representing clients on every side of cross-border transactional financing. She also has extensive experience in the compliance side of Banking & Finance and is highly praised for her ability to translate that know-how into building robust transactional structures. Ms. Kuranel Başol represents international and local banks, international financial institutions (IFIs), international development banks (IDBs), Export Development Banks, corporations, and private clients on all finance-related aspects of their projects. Some of her most significant work has included several multi-billion dollar major infrastructure-financing projects by bank consortiums including IFIs. Additionally, Ms. Kuranel Başol consistently represents both the sponsors and borrowers, and having worked with both financial institutions and borrowers, she has gained the unique perspective of being able to see and understand the expectations of both parties and advise accordingly.

Sera Somay is the partner heading the banking and finance practice of the firm with a specific focus on Islamic finance transactions. Sera works on syndicated and club loans for financial institutions and corporates, acquisition financing, secured financing and other structured financings. Sera advised on the first international Sukuk issuance by the Republic of Turkey and the first Sukuk issuance by a Turkish Islamic bank. She also works on murabaha syndications of Turkish participation banks as well as their annual sukuk issuances. Sera also advises on regulatory M&As across a variety of sectors with a focus on Banking M&As.

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