Moroglu Arseven is well respected within the litigation field and firms are quick to point to its strength in this area. The firm also maintains a solid financial and corporate practice, though for some in the market the firm's work in this area is not as visible in comparison to its litigious mandates: "Moroglu have no activity, they are however active in arbitration," observes a partner....
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Moroglu Arseven is well respected within the litigation field and firms are quick to point to its strength in this area. The firm also maintains a solid financial and corporate practice, though for some in the market the firm's work in this area is not as visible in comparison to its litigious mandates: "Moroglu have no activity, they are however active in arbitration," observes a partner. This view is countered however by the firm's deal list which includes a number of notable deals in both M&A and capital markets.
The firm continues to be ranked in M&A and is currently advising on a joint venture which is aimed toward producing bridge construction materials to market in Turkey, a potentially savvy move when you consider the privatisation of bridges going on at the moment in the country.
The firm has also had involvement with capital markets work, drafting security agreements for two companies with regards to gas oil stock financing, a significant deal value-wise and due to the essential nature of the pledge agreement under Turkish law put in place.
Elsewhere the banking team is working on the creation of a direct debit system for the distributors of an electronic equipment manufacturer. It is the largest direct debit system in Turkey and involves the country's four largest banks. The team is also currently rendering advisory services to a New York law firm with regards to a pledge agreement deal between a company and a global accountancy firm.
Although not strictly speaking a projects firm, Moroglu does have one or two mandates currently running in the area and did finalise an agreement for a property renovation on the Bosphorus, a deal that completed in January 2011 for a multimillion dollar figure.
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