Demonstrating ‘extensive knowledge in restructuring and insolvency’, ASC Law Office’s strong presence in the area is reflected in its broad client roster. The group acts for a myriad of local and foreign debtors and banks on contentious and out-of-court restructurings, with its debt structuring and dispute resolution departments frequently acting in tandem to provide cross-practice advice. Co-founding partner Okan Beygo leads the debt structuring team and also steers the restructuring and insolvency practice with support from finance partner Levent Yetkil, who is noted for his experience in domestic and cross-border cases.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘ASC is very experienced and skilled in this area. The team can focus on the key matters for the client and has the capability to come up with warnings, alternatives or mitigations so that parties can find a common ground on legal matters.’

  • ‘Levent Yetkil and his team are very easy to work with. Lawyers are accessible almost 24/7, when there is time pressure and deadlines matter.’

  • ‘We operate in many diversified sectors, which means we deal with numerous restructuring and insolvency matters. To keep things in proper order, we need a strong and reliable solution partner who may not only take the burden but also work in coherence with us. ASC Law Office's qualities meet our needs.’

  • ‘The particular feature that impresses us about ASC Law Office is its extensive knowledge in restructuring and insolvency.’
  • ‘ASC Law Office is a full-service law firm, providing a large scale of legal services not limited to banking, finance and capital markets. However, in our opinion, one of their strongest suits is restructuring and insolvency.’
  • ‘Levent Yetkil's qualifications, education, background and client-friendly attitude are the specific attributes that impress us. Mr Yetkil and his team, which consists of very competent, highly skilled, constructive and cooperative members, have represented us in several banking and finance deals.’

  • ‘What sets ASC apart is its specialised team in banking and finance, which provides exceptional insights and innovative solutions. Lawyers excel in tackling intricate legal hurdles and they effortlessly adapt to evolving legal environments.’

  • ‘ASC stands out for its prompt, responsive, and accessible services, providing tailored solutions aligned with clients' commercial interests. ASC's core strength lies in its specialised debt restructuring team, which offers unique insights and solutions.’

Key clients

  • Türkiye Sınai Kalkınma Bankası A.Ş.1
  • Yapı ve Kredi Bankası A.Ş.
  • Türkiye Garanti Bankası A.Ş.
  • Boyabat Elektrik Üretim ve Ticaret A.Ş.
  • Aslancık Elektrik Üretim A.Ş.

Work highlights

  • Represented a private Turkish bank, as the facility and security agent, and a consortium of 11 other Turkish banks and one foreign bank, in the debt restructuring of one of Turkey’s largest conglomerates and its group of over 40 companies.
  • Acted as local counsel to a UAE-based bank on a $400m unsecured term-loan facility extended to a Turkish company.
  • Advised a group of affiliated companies, controlled by one of the largest conglomerates in Turkey, on a significant debt restructuring due to a partial spin-off.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Okan Beygo, Levent Yetkil

Other key lawyers

Merve Mert