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This content is provided by Çakmak Attorney Partnership.

Managing Partner: Mesut Çakmak
Number of partners and counsel: 12
Number of lawyers: 16
Languages:English, Turkish, French

Firm Overview:

Çakmak has two fully functional offices in Ankara and İstanbul. Çakmak’s presence in Ankara, Turkey’s capital, gives the Firm a distinct advantage. Its close proximity to and long-standing familiarity with all relevant government agencies and authorities enable the Firm to undertake its services in the most effective and cost efficient manner possible. Çakmak’s office in İstanbul gives the Firm a great opportunity to be close to many multi-national companies, local companies, and financial institutions. With its extensive experience, premier client base and history of working on complex, cutting edge legal transactions, Çakmak has:
■ A market-leading understanding and awareness of the legal, regulatory, political and economic environment
■ Extensive experience in project finance, banking and finance, corporate/M&A, dispute resolution, and antitrust/ competition as well as sectoral expertise in power, oil and gas, mining and metals, construction and infrastructure, pharmaceuticals and healthcare, and telecoms and media
■ A leading role in the pioneering health and transportation public private partnerships (PPP) in Turkey
■ A clear understanding of the potential investment opportunities and a familiarity with the market leaders in key sectors
Çakmak and several of its lawyers have individual rankings in project finance, project development, energy and Iinfrastructure, dispute resolution, and banking and finance.

Main Areas of Practice:

Projects & Energy:
Energy and infrastructure projects are Çakmak’s core practice areas, and Çakmak is consistently recognised as a top firm in Turkey in these practice areas. Çakmak has vast experience and strong expertise in all aspects of project finance and acts on behalf of sponsors, developers, lenders, equity investors and multilateral agencies involved in the development of major projects, notably in the energy, infrastructure, transportation, industrial and healthcare sectors.

Power:
Çakmak acts for developers, sponsors and lenders in the development and financing of generation and distribution power projects in Turkey. Firm has particular experience in renewable and thermal power projects in all available structures including concession and merchant power plants and has represented investors in several recent power sector privatisations.

Oil & Gas:
Çakmak advises national oil companies, multinational oil companies, construction companies, lenders and equity investors in matters involving upstream, mid-stream and downstream oil and gas projects, international transportation of pipeline oil and gas, the import of natural gas, the purchase of oil exploration licenses, natural gas purchase contracts, LNG master sales agreements, and cross-border gas sales.

Dispute Resolution:
Çakmak has an outstanding dispute resolution practice and is consistently recognised as a leading firm in Turkey for administrative and commercial litigation and international arbitration. Çakmak represents clients in all forms of commercial, administrative and investment dispute resolution, and routinely assists clients with disputes arising out of complex, high-value, cross-border transactions.

Corporate/Mergers & Acquisitions:
Çakmak advises multinational industrial and service businesses and major commercial and investment banks in structuring and completing domestic and cross-border joint ventures, M&As, and corporate matters.

Banking & Finance:
A major component of firm’s banking and finance practice consists of advising lending institutions in financings, and equity investments in the energy, power, oil and gas, mining, transportation, and health and healthcare sectors.

Administrative Law & Regulatory Matters:
Çakmak has special expertise in administrative law and advises its clients on administrative and regulatory matters primarily concerning the energy and infrastructure areas, state-owned enterprises, public tenders, and public law and economics.

Transportation:
Çakmak represents investors and lenders in significant projects in the transportation sector, including ports, airports, railways, highways, and tunnels.

Mining:
Çakmak represents multinational companies in the development of mines and provides assistance in all mining related matters including the development of natural resources, the transfer of mining licenses and royalties, and legal due diligence studies regarding mining permits and leases.

Health PPPs:
Çakmak has been extensively involved in the development and financing of the pioneer healthcare projects and several others under Turkey’s healthcare PPP program, representing the lenders and sponsors.

Privatisation:
Çakmak is one of Turkey’s leading law firms in advising lenders and strategic investors on privatisations and financing of privatisation acquisitions.

Competition (Antitrust):
Çakmak provides legal services in all areas of competition law with the assistance of reputable competition law experts including legal advice on M&As, distribution agreements, compliance matters and antitrust issues, and representation in investigations concerning different sectors at the Turkish Competition Authority and Turkish administrative courts.

Employment:
Çakmak assists a wide variety of clients with respect to employment related matters and in connection with labor law compliance and has considerable experience in drafting employment contracts.

Aviation:
Çakmak advises airline operators, aircraft and engine manufacturers, banking and financial institutions and other players in the aviation industry on the full array of legal transactions.

Çakmak’s Recent Matters Include representation of:
■ Landesbank Baden-Württemberg and KfW IPEX-Bank GmbH in connection with the Euler-Hermes covered financing of 145 MW capacity increase of Karaburun Wind Project by Lodos Karaburun in İzmir-Turkey. Çakmak represented the same lenders in connection with the USD 164 million Euler-Hermes covered financing and EUR 16 Million mezzanine financing of the first phase with an installed capacity of 120 MW
■ The syndication of lenders composed of several Turkish banks in the € 4.5 billion financing of the Third İstanbul Airport Project
■ ERG with regards to the construction, operation, financing and post-financing of the Ankara-Niğde Highway Project. This project was awarded in Bonds & Loans Turkey 2019 Awards as the winner of ‘Transport Finance Deal of the Year’ and runner up for ‘Infrastructure Finance Deal of the Year’
■ ERG İnşaat with regard to the sale of all of its interest in the Afşin-Elbistan (A) Thermal Power Plant to Çelikler Holding
■ Gama Holding and Türkerler İnşaat, the sponsors, with regard to the financing of the construction and operation of the 2,060 bed İzmir Bayraklı and 1,180 bed Kocaeli Integrated Health Campus PPP Projects
■ The lenders in connection with the financing for the privatization of the Kadıncık I and Kadıncık II Hydroelectric Power Plants under the transfer of operating rights method and the refinancing of the operational hydroelectric power plant portfolio of IC İçtaş Hidroelektrik ve Termik Enerji and Trabzon Enerji
■ Three Turkish energy companies in ICC and SCAI arbitrations involving total claims of over EUR 750 million
■ IZGAZ in its administrative and commercial litigation cases
■ The Boeing Company, BIC Boeing International Corporation, and BAC in relation to their sales, financing and other business activities in Turkey
■ Visa Europe with regard to its credit card operations in Turkey
■ Western Union with regard to its money transfer operations in Turkey