Although it handles its fair share of new money financings, Pelister Keki Sarac & Co is particularly adept at advising stakeholders on restructuring and insolvency matters. The scope of this work runs the gamut from formal liquidations to balance sheet restructurings, non-performing loan (NPL) transactions and fund-related distressed mandates. Kerim Pelister is experienced in corporate, finance, energy and restructuring matters and co-heads the team alongside Emre Keki, whose ‘knowledge of Turkish banking and enforcement law is excellent’.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Emre Keki's knowledge of Turkish banking and enforcement law is excellent.'
- 'The have in-depth knowledge of the industry and make extensive research if needed to find the best solution for my cases.'
- 'Kerim Pelister is a magician in finding ways for win-win positions.’
- ‘The team around Mr. Keki is modern, young and dynamic. In particular, the team operates across borders and is internationally positioned. Due to their multilingual appearance and an understanding of the German and Turkish legal system, Mr. Keki’s law firm is indispensable for mandates in this sector. In particular, his knowledge of Turkish banking and enforcement law is excellent.’
- ‘Mr. Keki is always available and communicates very openly and engagingly. He goes above and beyond the call of duty to provide support. His excellent understanding of the German legal system facilitates cross-border operations. ’
Key clients
- QNB Finans Leasing A.S.
- QNB Finansbank A.S.
- International Finance Corporation (IFC)
- ETC/Collecturk
- Sekerbank
- Halkbank
- Vakıfbank
- Akfa Group
- Zvilo
- Eldor Corporation
- Clarastra
- Syntaxis Capital
- Odeabank
- Yılmaz Ulusoy Holding
- Arven Pharmaceuticals
- Eurocity
Work highlights
- Advised Eldor Corporation and its Turkish subsidiary, Eldor Turkey ,on the restructuring and rescheduling of financial indebtedness amounting to €111.2m.
- Advised QNB Finansbank on the sale of a TRY1.75bn non-performing loan asset portfolio, comprising corporate, SME, personal loans, and credit card debts.
- Provided a comprehensive legal opinion to Akfa Group on the shareholder structure of its Turkish subsidiaries, Altair İnşaat Yatırım Geliştirme A.Ş. and İlk Sabah İnşaat A.Ş., and assessed the legality of establishing a pledge on Altair’s shares under Turkish law as collateral for a $170m loan agreement with Halyk Bank of Kazakhstan JSC.
Practice head
The lawyer(s) leading their teams.
Kerim Pelister, Emre Keki, Nazlı Macun