DURUKAN+PARTNERS

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DURUKAN+PARTNERS’ restructuring and insolvency team sits within its wider projects, banking and finance department and is noted for its representation of borrowers and debtors. The group brings to bear particular experience in the telecoms, financial services, and energy and natural resources spheres, under the leadership of practice co-head and project finance specialist Begüm Durukan Özaydin. The team also includes corporate and commercial partner and fellow practice co-head Hikmet Fadillioğlu, as well as senior associate Damla Göksel Emiroğlu.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Lawyers at Durukan + Partners are capable and thoroughly research prior to advising. They are proactive in providing advice and do so in a sound/realistic commercial context. They have assisted in negotiations with lending banks in respect of loan restructurings and in concordato procedures.’

  • ‘We have worked primarily with the founding partner Begüm Durukan Ozaydın, together with associate Damla Göksel Emiroğlu. Both are exceptional in their availability and responsiveness, often out of normal hours. Their knowledge can also be relied upon and is excellent.'

Key clients

  • Emaar Properties
  • Letterone Group and IMTIS Holdings
  • Perini Navi
  • Europe Arab Bank
  • Gazprom Export LLC and ZMB Gaz Depo
  • Ansaldo Energia
  • FTX

Work highlights

  • Advising FTX Trading on the Turkish law aspects of its collapse, including advising on the Chapter 11 insolvency proceedings of FTX and its Turkish subsidiaries.
  • Representing Ansaldo Energia in the bankruptcy and concordato proceedings of Yeni Elektrik, a project company operating a gas-fired combined cycle power plant in which Ansaldo is a 40% shareholder.
  • Advising LetterOne, an indirect shareholder in Turkcell, on certain restructuring and shareholding issues and concepts of capital markets laws as they may apply to Turkcell.

Lawyers

Practice head

The lawyer(s) leading their teams.

Begüm Durukan Ozaydin, Hikmet Fadillioğlu

Other key lawyers

Damla Göksel Emiroğlu