05
Sat, Jul
99 New Articles

Norton Rose Fulbright's Turkish affiliate Pekin Bayar Mizrahi has advised the Motherson Group on the acquisition via its Turkish subsidiary Motherson SAS Turkey Otomotiv Servis Ticaret of the entire shareholding held by Erol Senol in SMR Plast Met Molds and Tools and SMR Plast Met Automotive Tec. Caliskan Okkan Toker advised Erol Senol.

White & Case's Turkish affiliate GKC Partners has advised Aksa Enerji on securing a USD 150 million facility from the Africa Finance Corporation to support the company’s natural gas power plant investments across the Africa region. Norton Rose Fulbright and its Turkish affiliate Pekin Bayar Mizrahi advised AFC.

Lexist has advised Efor Holding on wind turbines supply and installment agreements with Nordex Group for Efor Holding subsidiaries Yellice Enerji Uretim and Gelgit Yenilenebilir Enerji ve Elektrik Uretim. 

The integrity of on-site inspections remains a cornerstone of effective competition law enforcement. The Turkish Competition Authority (TCA)’s decision to impose a record-breaking fine on BIM Birlesik Magazalar A.S. (BIM), one of Turkiye’s largest retail chains, has drawn considerable attention from international businesses and the legal community.

Kinstellar and its Turkish affiliate KST Law, working with Latham & Watkins’ Duesseldorf office, have advised Allison Transmission Holdings on the acquisition of the Off-Highway business of Dana Incorporated for approximately USD 2.7 billion. Paul, Weiss, Rifkind, Wharton & Garrison advised Dana Incorporated.

Baker McKenzie and its Turkish affiliate firm Esin Attorney Partnership have advised Akbank on its TRY 3.9 billion (approximately USD 100 million) mortgage-backed covered bond issuance to the European Bank for Reconstruction and Development. Allen Overy Shearman Sterling and its Turkish affiliate firm Gedik & Eraksoy advised the EBRD.

Interim attachment is a provisional remedy under the Enforcement and Bankruptcy Law No. 2004 [the “EBL”] which individuals or legal entities can request for their monetary claims. Thanks to this institution, the debtor’s assets could be frozen to secure due yet unsecured debts, and as a result, the debtor would be forced to pay its debt.

White & Case and its Turkish affiliate law firm GKC Partners have advised joint bookrunners Citigroup Global Markets, Emirates NBD Capital, HSBC Bank, ING Bank, and BofA Securities on the USD 300 million Rule 144A/Reg S Eurobond issuance by Cimko Cimento ve Beton Sanayi Ticaret Anonim Sirketi.

Allen Overy Shearman Sterling has advised Citigroup Global Markets Europe, Goldman Sachs Bank Europe, and J.P. Morgan as joint bookrunners and joint lead managers, as well as The Law Debenture Trust Corporation as trustee, on the EUR 700 million issuance of 8% senior guaranteed green notes by Energo-Pro. Tsvetkova Bebov & Partners, member of Eversheds Sutherland, advised the issuer. BLC Law Office and White & Case and its Turkish affiliate law firm GKC Partners reportedly advised the issuer and guarantors. Boyanov & Co and, reportedly, BGI Advisory Services advised the joint bookrunners, the joint lead managers, and the trustee as well.