Paksoy

Türkiye

IFLR1000 Reviews

Financial and corporate

Paksoy is a leading independent Turkish law firm, established in 1997. As one of the largest firms in Turkey, boasting of over 60 dedicated lawyers in sector specific teams, the firm had the opportunity to work on some of the largest deals of 2019.

 

Focusses / specialisms

The firm regularly advises large international companies on interests in Turkey and assisting in all business matters, particularly in M&A.

 

Key clients

The firm has advised impressive clients across nearly every sector. The firm advised industry leaders, such as Citigroup, Coca-Cola, JP Morgan, Goldman Sachs, Cisco, Mitsubishi Heavy Industries, TikTok and Deutsche Bank.

 

Research period review: 32nd edition (2023/2024)

The firm assisted in cross border and local lending, including corporate lending and complex syndicated loan agreements governed under English law.

The firm also worked on project financing, from several sources including traditional bank loans but also bond issuances. In projects, the firm not only assisted in financing, but also in supply agreements and project management.

In capital markets work the firm assisted issuers in innovative bond, including the first ever bond issue by a Turkish municipality. The team also assisted banks in the issuance of lease certificates, securitisations, and international bond issues. In addition, the team was active in capital markets equity with several IPO’s.

The M&A group at the firm was active in managing cross-border acquisitions on both the buy and sell side. It often managed deals in a variety of industries from renewable energy to banking, to manufacturing and pharmaceuticals. The firm also assisted industry players and private equity companies in their acquisitions, joint ventures and mergers.

Project development work range from acquisitions, public procurement offers, and contacts. The group was especially strong in energy transactions ranging from wind, geothermal and nuclear.

 

Deal highlights: 32nd edition (2023/2024)

Deutsche Bank €921 million sovereign finance

Coca-Cola İçecek €458 million bond/note exchange offer 

Nordex SE project development

 

Client feedback: 32nd edition (2023/2024)

Banking and finance

“Paksoy has excellent knowledge of all relevant legal issues and a deep understanding of the relevant industry sectors and of the client's needs therein. Paksoy is always responsive and extremely reliable. Paksoy always delivers the highest quality of work within a short time.”

“Very responsive, excellent work product – they know their stuff and can provide easy-to-follow, clear, commercial advice.”

“Paksoy knows the market practice very well and is very responsive to both the clients' and lead counsel's needs. The Paksoy team is very knowledgeable and commercial.”

“Quick solutions, deep technical knowledge, good communication.”

 

Capital markets

“Helpful and competent.”

“Excellent client service and knowledge of the law and very responsive.”

“The firm showed excellent technical expertise, knowledge and competence. They were also capable of understanding our business needs and institutional constraints, offering practical solutions to help us achieve our objectives and comply with our institutional requirements. We felt supported and in good, solid hands throughout.”

“The law firm is very responsive, meets the deadline and provides very detailed answers to our queries.”

 

M&A

“Extremely knowledgeable both on the market and the regulatory environment. Easy to work with and prompt.”

“The attorneys at Paksoy were very responsive and thorough in their advice.”

“Responsive, to the point, pragmatic, yet complete.“

“Collaborative. Excellent advisory on local and also market conditions. Knowledge of venture capital partners. Hospitality and facilitation of meetings. Professional representation in negotiation of key topics in SPA. Advisory on course of action to help close the deal. Advisory on complexities related to Turkish law of course, but that was very good.”

“They advise on Turkish law.”

“Very responsive, clear and focused legal advice.”

Very responsive, very knowledgeable (clearly experts in their jurisdiction), professional.”

“Strong leading independent law firm. The lawyers are highly commercially minded, focusing on solutions. The team is approachable, proactive and very responsive.”

 

Project development

“Paksoy has excellent knowledge of all relevant legal issues and a deep understanding of the relevant industry sectors and of the client's needs therein. Paksoy is always responsive and extremely reliable. Paksoy always delivers the highest quality of work within a short time.”

“On time and on quality, with capacity to work in an international environment.”

 

Project finance

“Their knowledge, quality and quickness.”

 

Nihan Bacanak

“She is approachable, responsive and very knowledgeable.”

 

Ömer Çollak

"Excellence in Turkish legal expertise and flexibility.”

"Remarkable work ethic, outstanding knowledge of relevant CM laws and regulations, extraordinary ability to understand the client's needs and/or constraints.”

 

Aslı Eryılmaz

“Highly knowledgeable, attentive, responsive and efficient.”

 

 

Bülent Öztürk

“Good listener and deep knowledge of the local regulation, alternative solution provider and meets deadlines.”

“Very responsive, took ownership of various aspects of the transaction, kept team on track, good legal knowledge and of industry.”

 

Beril Paksoy

“Beril Paksoy is an excellent lawyer always delivering the highest quality of work and never missing a deadline.”

 

Ökkeş Şahan

“Very competent, very friendly and responsive.”

 

Zekican Samli

“Listening, understanding, alternative solution providing and respecting time constraints.”

 

Batuhan Sevinç

“Batuhan is an excellent lawyer who always delivers the highest quality of work, never missing a deadline.”

 

Melisa Sevinç

“Responsive, very knowledgeable.”

 

Sera Somay

“Sera is an excellent lawyer, always responsive, and with a deep understanding of all relevant industry sectors and of the needs of the clients.”

"Outstanding lawyer. Very experienced in banking and finance. Provides clear, relevant and commercial advice.”

"Sera is very knowledgeable and commercial. Sera is very good in pushing the deal through.”

"She is very intelligent, problem-solving and she has very good understanding of the problems and she quickly finds solutions.”

“Good communication, deep technical ability.”

"Very professional, cost-effective team, responsive, very knowledgeable.”

"Sera is an excellent lawyer, always responsive, and with a deep understanding of all relevant industry sectors and of the needs of the clients.”

"Her knowledge, relationship management and experience.”

“Excellent knowledge of Turkish banking and restructuring laws.”