The transition from fossil fuels to clean energy to address the climate crisis has never been easy and involves costly trade-offs between business and climate. However, the Russian invasion of Ukraine has made this transition much more difficult, as energy security becomes a major concern for many countries. This publication examines the legal and practical challenges that need to be addressed. Companies in various industries are exploring the commercial potential of the metaverse, but must navigate a complex patchwork of existing and new laws if they are to operate successfully in these virtual worlds. We are looking at some of the legal opportunities and risks that may arise. As a key market for many of our clients, Türkiye continues to offer growth and investment opportunities. Clients turn to White & Case for tailored international legal advice and an understanding of the economic, regulatory and policy environment that may impact their objectives. With innovative solutions combined with a pragmatic attitude, we have played a role in the legal aspects of many market-changing developments in the Turkish economy. We also regularly advise our clients on some of the most important cross-border disputes and arbitrations affecting Turkey. White & Case works with GKC Partners in the framework of professional associations on Turkish law issues. We worked with Mermaids to set up the UK`s first online legal name change clinic. Recognizing excellence in innovation in the legal sector Our team has built strong relationships with market leaders across many industries, resulting in intelligent and actionable insights into trade execution.
Our clients include some of the largest public and private, local and international banking and energy companies. Our unparalleled experience in key sectors and our ongoing involvement in groundbreaking transactions have enabled us to secure key mandates from our clients and have repeatedly earned us the ranking of the top firms of the world`s leading legal ranking organizations. Whether you choose to invest in real estate or other investment options, we conduct preliminary checks to ensure the safety of your investments. We offer real estate legal diligence to ensure the best outcome for you. Financing of Aydın-Denizli Fernas Construction Company Inc., a leading Turkish construction company, for the financing of the construction of the Aydın-Denizli highway for an amount of €770 million under the build-operate-transfer model. The financing was extended by the offshore branches of the Turkish banking consortium consisting of Ziraat Bank, Akbank, İş Bank and Yapı Kredi Bank and is eligible to benefit from the takeover of the debt by the Turkish Ministry of Finance. The largest Eurobond transaction ever completed by Citi, Goldman Sachs and J.P. Morgan as joint bookrunners in Aydem Renewables` first $750 million senior secured green bond transaction. The largest Eurobond transaction by a Turkish company and the largest DCM transaction by a renewable energy company in CEEMEA. This publication looks at increased regulation, what it means for mergers and acquisitions, and some of the challenges ahead. UniCredit has exited the joint venture with Yapı Kredi Bank UniCredit S.p.A., one of Europe`s largest and oldest banking groups, at the end of its 17-year banking joint venture agreements with local partners in Turkey regarding Yapı Kredi Bank, the third largest financial services provider in Turkey. Awarded in 3 categories at GFC Media Group`s 2021 Bonds & Loans Awards.
First IPO of a Turkish company on the Nasdaq Hepsiburada.com, a Turkish e-commerce giant, in its $780 million IPO (including Green Shoe) on the Nasdaq, the first IPO of a Turkish company on the Nasdaq, the largest Turkish technology IPO in history, and the largest Turkish IPO in more than a decade. Innovative arguments lead to approval of tool to combat latency zarbitrage Syndicated financing of the Uludağ electricity distribution region The consortium of conventional and Islamic financiers, comprising İş Bank, Garanti BBVA, DenizBank, Halkbank, Türkiye Sınai Kalkınma Bankası, Türkiye Finans Katılım Bankası and Vakıfbank, on debt reprofiling and financing of new investments by companies from the Uludağ sales region in the as part of their sale to Actis, one of the Limak Group`s leading global investors in sustainable infrastructure. The Digital Markets Act (DMA) heralds a new era for the digital sector in the EU, as regulatory compliance for some of the most influential digital companies requires profound and unprecedented changes in the way they work and interact with their clients, and even rethinks aspects of their business models. 20 years in a row on the A List, Latham consistently ranks among the top performers in financial and cultural operations. As a bridge between Asia and Europe, Turkey is of great political and economic importance. Turkey, a founding member of the United Nations and the European Council, is one of the most powerful passports in the world. Yemeksepetis has acquired Marketyo Yemeksepeti, the Turkish subsidiary of Delivery Hero, the world`s leading local delivery platform operating in more than 40 countries in Asia Pacific, Europe, Latin America, the Middle East and North Africa, through the acquisition of shares representing the entire share capital of Marketyo Bilişim Teknoloji A.Ş., an online shopping platform that offers local supermarkets the opportunity to: conduct their business online. The program helps students through law school while relieving the financial pressure of starting practice in a way that makes sense and impacts clients, society, and our firm. Level 1 for banking, project finance and corporate/M&A IFLR1000 – Türkiye 2021 Restructuring of İDO`s lenders (EBRD, Garanti Bank, İş Bank, DenizBank, VakıfBank and Türkiye Sınai Kalkınma Bankası) in the restructuring of İDO İstanbul Otobüsleri Sanayi ve Ticaret A.Ş.
(İDO), with Akfen Holding A.Ş., Tepe İnşaat Sanayi A.Ş., Sera Gayrimenkul Yatırım ve İşletme A.Ş. and Souter Capital LLP acting as sponsors. Virtual Goods and NFT: Protecting Assets in Games, Social Media and the Metaverse, Houston partner Monica White reflects on her career path at Latham. Analysis of key trends impacting investors, lenders and developers across various asset classes from around the world. We have been present in the Turkish market since 1985 and are active in the Turkish market – as the world`s leading law firm present in Turkey. With more than 30 years of experience in the region, an office in Istanbul and a professional cooperation with GKC Partners in Istanbul, clients benefit from our deep roots and the fact that we have worked on many “firsts” in the market. Notable deals include the first private equity deal, the world`s first IPO, the first securitization, the first airport privatization and the largest private real estate deal in Turkeykiye. The UBS and Bank of America Securities project bond of Limak Iskenderun as joint bookrunners in connection with LimakPort`s issuance of $370 million of senior secured project bonds amortized pursuant to Rule 144A/Regulation S due 2036. This groundbreaking transaction achieves several firsts: the first project bond marketed in Türkiye, the first project bond issued by a Turkish company, the first Turkish sustainability coupon corporate bond, one of the first EMEA bonds to be offered in the US under Rule 144A with a sustainability coupon, and Turkeykiye`s first ESG-related corporate bond. The Eurobond issuance of Pegasus Pegasus Airlines, Türkiye`s main low-cost carrier, as part of its $375 million Eurobond issue maturing in 2026, with BofA Securities and Goldman Sachs International acting as global coordinators and bookrunners.