Anti-Corruption and White Collar Crime
Paksoy advises clients and represents corporations in internal and external/internal investigations, fraud and corruption cases. Our experienced team of lawyers with required specialization in this field conduct due diligence, assist with risk management, draft policies and procedures, train personnel and identify company-specific risks by way of document reviews, interviewing employees and witnesses on basis of assessing the regulatory environment. We represent clients and counsel them on anti-corruption issues related to mergers, acquisitions, joint ventures or strategic partnerships.
“ Recommended for consistent first-rate advice, described as very strong ”
Who's Who Legal
Anti-Dumping, Customs and Trade Disputes
Paksoy provides legal assistance and representation to domestic and international clients in a variety of sectors in anti-dumping and anti-subsidy investigations including reviewing the questionnaires sent by the Turkish General Directorate of Foreign Trade (TGDF), assistance on collecting information, compilation of information petitions, confidentiality statements, additional petitions or information requests by TGDF, provide comments and opinions on the investigations, including preliminary and final determinations, review final disclosures and develop injury defense, and provide assistance on public hearings and on-site inspections. We also represent our clients on customs and trade disputes as well as advise them on the customs and trade laws relating to Türkiye.
“ Very professional ”
Legal 500
Antitrust and Competition
Paksoy has extensive experience representing clients on antitrust clearance for mergers and acquisitions, including the negotiation of remedy plans, before the Turkish Competition Authority, and provides assistance in antitrust investigations and advice with respect to a variety of distribution, licensing, agency, franchise and bancassurance arrangements. Our antitrust team of specialists has accumulated in-depth experience, including while employed at the Competition Authority, which gives us a strong market position to provide our clients with comprehensive expertise and the capability to advise on complex transactions. Our team also assists clients on compliance checks and damage claims arising from anti-competitive findings.
“ An absolute go-to for complex competition matters ”
Legal 500
Aviation
Paksoy provides legal assistance to domestic and international clients from a variety of sectors including aviation companies, financial institutions, investment banks, operators in aviation finance, aviation litigation and regulatory matters. Having a team of professionals experienced in aviation finance and litigation, we provide legal advice to our clients on a variety of matters such as aircraft and/or aircraft engine sale & purchases, operation and financial lease agreements, registration and enforcement of securities, repossession of aircraft, claims arising from death of or injury to passengers, cargo claims, general aviation litigation, preventive measures and regulatory matters.
“ Paksoy merits its high positions ”
IFLR 1000
Banking and Finance
Paksoy has significant experience in banking and finance work advising international and domestic investment and commercial banks, ECAs, borrowers and sponsors in relation to all kind of domestic and international financing transactions in various industries including leveraged and acquisition finance, project finance, asset finance and structured finance on major infrastructure investments and other types of lending. Paksoy’s banking and finance practice has a thorough overall view of the banking market in terms of bank borrowings through representing lenders and issuers in various syndicated and bilateral loans.
“ Well known for handling innovative banking transactions ”
Legal 500
Capital Markets
Paksoy advises financial institutions, investment banks, underwriters, managers and issuers in domestic and international markets on equity, debt and equity-linked transactions, including initial and secondary public offerings, debt offerings, and regulatory matters. Paksoy provides advice on securities transactions that arise from all sides of the deal whether on the issuer, underwriter or lead manager sides. Paksoy holds a strong position as debt capital markets counsel because of its role in pioneering debt offerings of Turkish banks as well as first-of-a-kind transactions in Türkiye such as securitisations and issuance of enhanced equipment trust certificates (EETC), regulatory capital for banks and proposed exchangeable bonds. Our well-established department and deserved reputation on this area allows us to provide quality legal assistance to our domestic and international clients in significant capital markets deals.
“ Has an impressive record ”
Legal 500
Compliance and Investigations
Paksoy advises clients on anti-bribery and corruption reviews and supports them on investigations carried out by administrative authorities including tax authorities, regulators and customs administration, as well as with compliance checks in connection with the FCPA and UK Bribery Act. Paksoy's compliance practice covers assisting clients with FCPA/anti-corruption due diligence on mergers and acquisitions targets, as well as in internal compliance trainings, drafting crisis manuals, and performing contract and insurance reviews. We work in a wide range of industries such as healthcare, pharmaceuticals, chemicals and energy, which have recently presented complex anti-bribery and compliance challenges. We also help design whistleblowing procedures in compliance with employment and data protection law, and assist clients with the handling of internal compliance investigations triggered in this context.
“ The lawyers are hailed as attentive, experienced and highly professional ”
Chambers and Partners
Consumer Law
Paksoy provides legal consultancy and litigation services regarding consumer law, including disputes arising from defective products or services. Our consumer law practice encompasses submission of administrative applications including the applications related to the advertising legislation and the conduct of the administrative proceedings before the regulatory authorities.
“ Paksoy merits its high positions ”
IFLR 1000
Corporate and Commercial
Paksoy advises listed and privately held entities on contract law and commercial law for all types of business agreements including outsourcing, licensing, distribution, agency and franchise agreements, company law, corporate governance, shareholder rights, joint venture, management, shareholders’ agreements, by-laws, signature authorities, corporate restructuring and exit strategies. Paksoy works with clients in all major business sectors, including financial services, insurance and pensions, industrial and manufacturing, energy and infrastructure, healthcare and pharmaceuticals, FMCG and retail, food and beverage, media, telecommunications and technology, aerospace and defence. A vast majority of Paksoy’s M&A clients continue to work with the firm for corporate and commercial law advice and often become retainer clients.
“ First Class Corporate Team ”
Legal 500
Data Privacy, Data Protection and Cybersecurity
Paksoy advises clients on data protection matters in the context of local and GDPR requirements by assessing databases; preparing data inventories, internal policies, notices and consent forms; drafting and revising contracts that involve the sharing or transfer of data; and advising on domestic and international data transfers, data usage and minimisation, and deletion, anonymization or destruction procedures. We assess e-commerce, mobile offers and advertising in the digital environment, help design and implement customer relationship management systems and customer loyalty programmes, and review data pooling and licence management solutions to structure them in compliance with the data protection legislation. We also provide compliance advice on TOMs, breach prevention and notification, incident management procedures, emergency action plan and security policies.
“ Paksoy provides a great level of service to its clients ”
Chambers and Partners
Emerging Technologies
Paksoy advises clients on all legal implications of emerging technologies such as cloud computing systems, robotics, digitalisation of business procedures, artificial intelligence, internet of things, 5G, blockchain and virtual currencies. We follow up on legal developments and report on changes in the legal landscape, and advise upon various legal aspects including data protection, regulatory compliance, intellectual property, competition and contract law. We help clients assess potential liabilities, production standards, data transfer issues, regulatory expectations and licence management requirements.
“ The lawyers are hailed as attentive, experienced and highly professional ”
Chambers and Partners
Energy and Natural Resources
Paksoy advises leading global and domestic clients on major projects in Türkiye in connection with the concession, and licence-based energy and natural resources deals. We are very active in electricity, oil and gas industries working on a wide range of issues, including the acquisition and disposal of energy assets, licencing, permitting and regulatory filings. The clients of the firm include plant contractors, IPPs, state-owned bodies, private owners and real estate developers; commercial companies in the oil and gas industry; architectural, engineering and professional service firms and financial institutions. Paksoy’s experience and industry expertise is acknowledged by our clients and the major deals that Paksoy has been involved in reflect this.
“ Ranked as a leading firm in Projects & Energy ”
Chambers and Partners
Healthcare and Pharmaceuticals
Paksoy provides advice across a broad spectrum of areas including pharmaceuticals, biotechnology, medical devices, nutritional supplements, clinical research and private hospitals. We assist our clients on a wide range of issues affecting the healthcare and pharmaceuticals sector. We provide guidance from inception to final marketing and commercial sale of products in Türkiye. We also support our clients in devising and implementing compliance programs, in particular with regard to the promotion and public procurement legislation. We also have significant experience of the issues affecting healthcare and pharmaceuticals companies in the context of M&A transactions.
“ Paksoy is one of the few Turkish firms to gain recognition in this specialist area ”
PLC Which Lawyer
Information Technologies and Internet Law
Paksoy advises clients in a variety of sectors including e-commerce, software, computer equipment, telecommunications, fintech and financial services. We help draft all types of website documentation such as terms and conditions of use, privacy policies, cookie policies, membership agreements and end-user agreements. Paksoy assists clients in addressing diverse issues arising in the digital environment including fraud, defamation, false advertisement, unfair competition, spam mail and domain name disputes. We help clients with the implementation of the new payment systems legislation and its outcomes such as open-banking, structuring e-commerce offers, online customer on-boarding and content management. We also advise on the planning, implementation and supervision of IT projects including outsourcing, licensing, procurement and service agreements.
“ Very competent, helpful and responsive ”
Chambers and Partners
Infrastructure, PPP and Construction
Paksoy has significant experience in PPPs representing clients in major public assets and infrastructures. Paksoy’s experience covers all aspects of PPP investments such as project contracts, permits and authorisations, public or administrative law, litigation, and regulatory framework, and expands from tendering process to contract execution, including advice on zoning processes and environmental law requirements. We advise contractors as well as owners in construction, operation and maintenance of complex structures, plants, infrastructure systems, malls and mine operation sites. The firm also has compelling experience in the use of principal forms of construction contract employed internationally.
“ The firm’s energy and projects department is one of its core strengths ”
IFLR 1000
Insurance and Private Pensions
Paksoy represents both domestic and multinational players operating in the non-life and life insurance sectors and the private pension business, and advises them on bancassurance agreements and sector-specific requirements. We have extensive knowledge and experience regarding the insurance and private pension regulatory framework in Türkiye. We also have an unrivalled track-record representing foreign investors on insurance/pension M&A transactions in Türkiye over the past few years. We advise our insurance and pension clients and reassurers on a wide range of corporate, commercial and regulatory matters affecting their Turkish business.
“ Highly recommended ”
PLC Which Lawyer
Intellectual Property
Paksoy has significant expertise in intellectual property matters, covering both transactional work and dispute resolution. We advise on all aspects of intellectual property in the context of mergers and acquisitions, joint ventures, capital markets, licensing, distribution and regulatory compliance matters. We also have extensive experience representing clients in a wide array of intellectual property disputes, including injunctive relief and compensation claims in infringement lawsuits, court actions for the defence or invalidation of trademarks, patents and industrial designs, and legal challenges to the decisions of the Turkish Patent and Trademark Office.
“ Paksoy’s team is highly experienced in commercial and trade mark litigation, and regularly acts for multinational clients in relation to Turkish law aspects of commercial disputes. ”
Legal 500
Islamic Finance
Paksoy advises conventional and Islamic financial institutions and investors as well as corporate borrowers on all aspects of Islamic finance. We have been at the forefront of Islamic product development in Türkiye working with all major market makers including the sovereign, Turkish Islamic banks, regional banks and global players. With the increasing demand, we expanded our Islamic Finance practice and have an in-depth understanding of Islamic Finance products in the Turkish market. Paksoy holds a dominant position as Islamic finance counsel because of its role in pioneering debt offerings of Turkish bank, particularly Islamic finance transactions, including sukuk issuances that include ijara, non-real estate ijara, and murabaha components.
“ Market leader in Islamic Finance ”
Chambers and Partners
Labour and Employment
Paksoy provides clients with advice on all aspects of labour law including reviewing and drafting employment documentation, contracts of employment and personnel handbooks, advising on bylaws, union matters, termination of individual and collective agreements and working with retainer clients advising on their daily employment matters. Paksoy has significant experience in representing employers on various matters, including litigation and other employment issues. Paksoy’s employment team works closely with our employment litigation team in relation to matters relating to termination and mutual separation agreements, employee law suits and advisory matters.
“ Highly rated for careful handling of sensitive matters ”
Who's Who Legal
Litigation and Dispute Resolution
Paksoy’s litigation practice is one of the unrivalled practices locally in terms of breadth, scope, size and number of high profile cases with very sensitive matters being handled. We act for clients in litigation and arbitration work ranging from commercial disputes to internal, regulatory, criminal or white collar investigations. We provide strategic litigation advice and handle disputes arising from contract, tort, and fraud to shareholder disputes, mergers, procurement matters, product liability, employment, competition, bankruptcy and insolvency. We represent clients in court actions before civil and administrative courts, criminal investigations, arbitration tribunals, tax courts and regulatory authorities.
“ Strong experience across a wide range of cases and industries ”
Legal 500
Maritime
We provide our clients with advice on dry and wet matters and represent them before courts and administrative authorities in all matters concerning maritime law including bill of lading and charter party disputes, agency agreements, cargo claims, salvage, collisions, insurance claims, pollution as well as ship arrests. Paksoy's maritime team very often works in close cooperation with the litigation and insurance teams due to the multidisciplinary nature of maritime law. Our team also responds to urgent matters which may require our attendance with the aim of protecting our clients' interest.
“ Paksoy merits its high positions ”
IFLR 1000
Mergers and Acquisitions
Paksoy provides advice to global clients on cross-border transactions and domestic investments in a wide range of sectors and represents, through increasingly organised sector groups, a spectrum of clients from strategic players to a variety of financial investors, including prominent domestic and international private equity houses. We work on diverse investment structures including full acquisitions, minority investments, mergers, spin-offs, joint ventures and asset deals. We have the required expertise to assist our clients on M&A transactions across a range of non-regulated and regulated sectors, and to accompany them throughout the specificities of regulatory approval processes in Türkiye.
“ Paksoy's representation of diverse foreign entities on acquisitions further confirms its prominent status in the market ”
Legal 500
Privatisations
Paksoy advises investors on privatisations and disposal of state assets from petrochemicals, steel to energy, natural gas, refineries, motorways, lottery and banking. We have an experienced team equipped to advise on all aspects of privatisation transactions from structuring and due diligence to closing. We closely monitor the privatisations on the market and our strong experience on both sides in the big ticket privatisation deals allows us to provide quality legal advice to our clients throughout the process.
“ Paksoy's ongoing relationships with financial institutions, bidders and government agencies mean it is well placed to handle major privatisations, and it often acts for the Turkish Privatisation Administration ”
Legal 500
Project Finance
Paksoy represents lenders, sponsors, project companies, institutional investors, contractors and operators in various types of projects including power, oil and gas, mining, infrastructure, healthcare, shopping mall projects and assist them in navigating the complexities on phase of a transaction including evaluation and due diligence, drafting, reviewing, negotiating the security documents, project documents and financing agreements as well as overseeing loan agreement implementation processes.
“ Exceptional, boasts top notch abilities in this field ”
Who's Who Legal
Real Estate
Paksoy’s real estate practice is best known for its expertise in big-scale real estate developments, structuring of deals and realisation of projects which include residential, industrial, commercial infrastructure and hospitality properties. Paksoy advises contractors as well as owners in projects involving the construction, operation and maintenance of complex structures, plants, mass residential areas, temporary structures, infrastructure systems and malls. Our experience expands from the tendering process to contract execution, as well as contract implementation disputes and their settlements. We also have an in-depth knowledge of zoning processes and applicable environmental law requirements.
“ A “wealth of experience” in “providing quality services” to domestic and international clients ”
Who's Who Legal
Restructuring and Insolvency
Paksoy has unique expertise advising corporate groups on loss remedy plans and optimal debt/equity combinations for local entities to meet working capital needs and capital adequacy requirements. We also advise lead managers, lenders and noteholders in debt facility refinancing and security restructuring, as well as liability management exercises. We assist with negotiations in debt collection and bankruptcy proceedings, and represent clients before execution offices and bankruptcy courts. Thanks to our multidisciplinary approach, our clients benefit from Paksoy’s strong experience in financial restructuring through a team which combines expertise derived from many of the firm’s practices, particularly corporate, finance, tax and dispute resolution.
“ Commercially and technically sound ”
Who's Who Legal
Tax and Fiscal Services
Paksoy’s tax and fiscal services practice covers a broad range of areas in structuring, or restructuring, investments and transactions with an aim to identify the most tax-efficient strategy, model, vehicle and location to create value for our clients. We provide advice on alternative and innovative solutions for M&As, insolvency and restructuring of capital, organisational, financial and foreign trade schemes. Our experience expands to, among others, corporate tax, value added tax, stamp duty, banking and insurance transaction tax and transfer pricing advice, as well as tax investigations and litigation.
“ The firm prides itself on its commitment to its clients and offers a dedicated and professional service ”
Who's Who Legal
Telecommunications, Media and Technology
Paksoy has a focused team with significant experience on wide array of transactions in the telecommunications, media and technology sector, giving our lawyers extensive expertise on the legal and regulatory aspects of these industries. We advise clients on a broad range of issues from joint ventures, production and licensing agreements to antitrust matters and intellectual property rights. Our experience in the telecommunications, media and technology allows us to speak a common language with our clients and better serve them on all aspects of their transactions.
“ Very professional ”
Legal 500