Hergüner Bilgen Özeke


IFLR1000 Reviews

Financial and corporate

Hergüner Bilgen Özeke is one of the largest law firms in Turkey, with 14 partners across all practice areas. It established in 1989 and is a full-service law firm.


Focusses / specialisms

 The firm has the expertise to be primary counsel in international transactions, often working on behalf of international banks to provide creative financing solutions to Turkish projects. The firm provides advice to a range of industries and has a particular expertise in project development and project financing. The firm’s size and experience allows Hergüner to be a one-stop-shop for any legal issue by tailoring teams to fit every matter or budget.


Key clients

As mentioned, the firm has strong relationships with the banking sector and consequentially has worked with international banks such as the China Development Bank, EBRD, IFC, and local banks such as Yapı Kredi, Ziraat Bankası, Halk Bankası and Finansbank.


Research period review: 31st edition (2020/2021)

The banking and finance practice was active in debt restructuring, as well as tender offers, establishing banks and project finance.

Capital markets wise, the firm assisted on innovative markets issues, and equity offerings.

M&A was an active area for the firm, where it assisted in public and private acquisitions, asset transfers and share acquisitions. The team represented both buyers and seller in cross border transactions.

Project development work saw the firm assisting lenders in healthcare construction and operation. Other sectors included energy infrastructure, mining and renewable energy.


Deal highlights: 31st edition (2020/2021)

Enerji energy project

Global Exchange restructuring

İzmir Healthcare Campus

Olmuksan capital increase

OYAK acquisition of Demirören Group assets

Tümad Gold Mine Restructuring


Client feedback: 31st edition (2020/2021)


“They were very experienced for the whole process and guided me towards the successful closing of the sale.”

"Availability, readiness to have an ad hoc call when required, professional advise in different areas

"Expertise, client service, responsiveness and efficiency.”

Project finance

“Herguner provides unequalled quality of legal services in Turkey. The partners are extremely knowledgeable on both legal and market aspects of projects, and they can be trusted to resolve difficult issues with the utmost degree of professionalism and integrity.  The level of service is consistently high and turnaround times are quick.  Herguner can quickly mobilize specialist advice when needed (e.g., litigation), which many competing firms cannot offer in one shop.  The associate team is very strong and they perform above expectation. The Herguner team takes appropriate ownership of projects and consults with in-house counsel as and when necessary.”

"Herguner team (led by Senem Denktas, partner) is, undoubtedly, the best Turkish law firm in the project finance arena. The firm (and Senem) provides top notch, high quality and experienced legal advisory, combining a perfect mix of legal expertise, superior communication and negotiation skills, commercial mindset, out of the box problem solving, responsiveness and proactiveness. Herguner was absolutely instrumental to reach the important restructuring milestones. Specifically, Herguner and Senem led the discussions with the government and was instrumental to gather their support for the distressed projects which then established the main building blocks to put to the projects back on a stable footing. In addition, the firm's high quality standards do not change even during implementation/project management stage where Herguner remains fully engaged, proactive and responsive.”


Kayra Üçer

“Total competence for the whole process. Quick strategic solutions to overcome the barriers.”


Mustafa Mert Oguzulgen

“Expertise, local knowledge and client service.”


Senem Denktas

“Part of the Herguner's success in these transactions is definitely due to the role played by Senem. In my opinion, Senem is the best Turkish law counsel in the project finance arena. She combines a myriad of extraordinary attributes, including: legal technical expertise, superior command of PPP/project finance structures, hands on approach and proactiveness, creative problem solving, responsiveness and pragmatism. She has developed a very strong relationship and network with Turkish Authorities which proved decisive to obtain their support to a consensual resolution of the distressed projects.”

"Senem has played pivotal roles in leading negotiations for complex multi-lender international restructurings and refinancings over the past year.  “


Ufuk Yalcin

“Ufuk is an excellent litigation and workouts partner with a deep understanding of commercial aspects.”