SECTORIAL EXPERTISE
ENERGY Sector
Our firm's energy practice has a major presence in renewable areas such as wind, and hydro. We also assisted projects in oil and gas industries.
Our energy clients include independent power producers, utilities, financial institutions and spare parts producers and traders.
We advise our clients, mainly international corporations, on every aspect of an energy project, such as regulation, acquisitions of licences, joint ventures.
Our privileged contacts and professionnal relationship at the Turkish Ministry of Energy and Energy Market Regulation Authority allows us full knowledge of the day to day evolution on the legislation and practice.
Among the services we provide :
• Applying to EMRA (Energy Market Regulation Authority) and other local and governmental organizations for the relevant, licenses, permits, approvals
• Representing clients in negotiations with foreign investors regarding the joint development projects
• Representing clients in the acquisition negotiations of the target companies/shares in energy sector
• Preparing due diligence reports of the companies in which clients plan to invest
• Drafting agreements regarding production sharing, concessions and licensing, international operating agreements, unincorporated joint ventures,
Construction and infrastructure sector
Our practice in construction and infrastructure sector includes legal advises on all phases of construction and development projects, mainly in Turkey, Romania, Syria, Russia and Kazakhstan.
Our partners have experience in drafting, negotiating and advising on a wide range of construction and infrastructure related documentation, such as domestic and international construction contracts, project management services’ agreements, consultant appointments, collateral warranty agreements, performance bonds, parent company guarantees, funding and development agreements, concession agreements, joint-venture structures, agreements for leases and letters of intent.
Our services to developers range from providing advice in respect of specialised regional due diligence, to resolving technical, legal, environmental and permit/planning issues.
Real Estate Industry
Our practice include following expertises. We finalized a number of deal in hotel and commercial real estate industry in Turkey and region.
Construction Agreements
Accounting Standards Committee of Turkey issued a Commentary on Turkey’s Financial Reporting Standards Regarding Real Estate Construction Agreements., which states the accounting of proceeds and relevant expenses generated by commercial enterprises carrying out construction work.
Tourism Industry
The Amendment to the Regulation regarding the Allocation of Public Lands to Tourism Investments clears up the ambiguity about additional allocation rules for public lands.
Public Tenders
In 2009, the Public Procurement Authority announced the Regulation on Procedures for Challenging Public Tenders. This regulation provides a detailed guideline for both bidders and public authorities by laying out the entire procedure for challenging public tenders held pursuant to Public Procurement Law No. 4734.
Public Procurement Law No. 4734 is applied through various sub-regulations, depending on the type of procurement. Recently, new regulations have been adopted for the procurement of consulting services, construction work, and goods and services. These regulations detail the public tender procedures for public procurement.