Norton Rose snubs Brazil for Turkey in global focus” />Norton Rose has refocused its international strategy to centre on emerging markets in the East. The scheme, known as the New Horizons campaign, focuses on building geographically centred practices to service Turkey, Russia, India and China (TRIC) rather than Brazil, Russia, India and China, as favoured […]
Norton Rose‘s strategy of targeting Turkey-based deals has paid off, with the firm landing a lead role on Turkey’s biggest private equity transaction to date. The top 15 firm advised the shareholders of Turkish shipping company UN Ro-Ro in their sale of a 97.6 per cent stake to US private equity giant Kohlberg Kravis Roberts […]
Studio Legale Padovan has become the first Italian law firm to launch a presence in Turkey, sending associate Rosario Sapuppo to open the Istanbul office. Padovan has linked up with 25-lawyer Turkish firm Gür Law Firm. Sapuppo will be based in Gür’s office, advising the Italian firm’s client base of banks and infrastructure companies on […]
Denton Wilde Sapte (DWS) beat Slaughter and May to score its first mandate advising food and drink giant Cadbury Schweppes. DWS was approached by the company to advise on its $450m (£228.33m) acquisition of Turkish gum business Intergum, owned by the Amram family. DWS lead partner Philip Goodwin said: “This is the first time […]
US firm Curtis Mallet-Prevost Colt & Mosle has ramped up its emerging market presence by launching its first office in Istanbul. The firm, which has recently expanded its offices in Frankfurt, Paris and London, is hoping to build its client base in South Eastern and Central Europe as well as the Middle East with the […]
Eurotunnel’s French adviser Foucaud Tchekhoff Pochet & Associés has launched its first overseas office in Turkey to take advantage of increased client activity in the region. The Paris boutique has set up a reciprocal arrangement with Istanbul-based Postacioglu Law Office. Name partner Etem Postacioglu has become a partner at Foucaud and head of the firm’s […]
Pinsent Masons‘ European alliance, Pinsent Masons Luther Group (PMLG), has extended into Turkey via a joint venture with Turkish firm Köksal. Ankara and Istanbul-based Köksal has linked with German firm Luther and Austrian member Karasek Wietrzyk Rechtsanwälte. The joint venture, called Luther Karasek Köksal, began trading last month. Stefan Kraus, managing partner of PMLG co-founder […]
Judicial reform has been named as an essential part of Turkey’s accession to the EU. A ‘negotiating framework’ accepted by Turkey and all EU member states asserted that Turkey must “bring its… judicial systems up to [European] Union standards”. It added that “an independent and efficient judicial system” was vital to underpin other governmental reforms […]
THE EUROPEAN Commissioner in charge of enlarging the EU has called on Turkey to redouble its judicial reforms as it approaches negotiations on becoming a member state. Speaking in Istanbul, Olli Rehn said that much work was needed and that the speed of accession talks would depend on how quickly Turkey adopted European legal traditions. […]
Clifford Chance sidelined as CGNU demands Istanbul presence Denton Wilde Sapte is advising new insurance client CGNU on the acquisition of a further stake in Turkish insurance company Commercial Union Sigorta. The firm’s Istanbul office was approached by CGNU because the client was looking for an international firm with capital markets capability in Turkey, according […]
The Turkish government has just passed a law allowing foreign firms to give international legal advice in the country. The move is being interpreted as one of Turkey’s many preparatory moves to gain entrance to the European Union. In reality, foreign firms have been practising international law in Turkey for more than a decade. White […]
Turkish lawyers are coming to London this week to learn about human rights. The British Council project aims to build a network of Turkish lawyers with a UK and international perspective on the protection of human rights.