Norton Rose Fulbright has announced a tie-up with 75-year-old Turkish Pekin Bayar Mizrahi.
One of Turkey’s oldest and largest law firms, it was founded in 1946 by Mr. Fethi Pekin and is today run by his granddaughter Selin Bayar and litigation partner Ergin Mizrahi. The company founder’s daughter, Şefika Pekin, is also involved in the company’s activities today.
A full-service firm with approximately 50 lawyers, it provides Turkish legal services to government entities, financial institutions and international corporations in a wide range of practice areas, including banking and finance, mergers and acquisitions, capital markets capital, dispute resolution, business, commercial and contract law, Norton Rose said in a statement.
“This alliance stems from a shared vision,” said Gerry Pecht, Global Managing Director of Norton Rose Fulbright. “We believe that our worldwide offerings and Pekin Bayar Mizrahi’s experience in Turkey will significantly benefit customers of both companies.”
Norton Rose’s existing locations in the Middle East are in Dubai, United Arab Emirates, and an affiliate office in Riyadh, Saudi Arabia.
Last year, Kennedys announced a new association with Turkish firm Baysal & Demir, bringing its total number of offices in the Middle East region to four, including Muscat, Dubai and Tel Aviv.
“There is a demand for sophisticated cross-border legal services in Turkey, and we have placed ourselves in an advantageous position by deepening our relationship with a truly global firm like Norton Rose Fulbright. We have great professional respect for each other and look forward to working even more closely together,” said Selin Bayar, Managing Partner of Beijing Bayar Mizrahi.
“Norton Rose Fulbright, which opened its office in Istanbul ten years ago, has been advising clients in Turkey for more than twenty-five years,” said Ayşe Yüksel Mahfoud, Global Head of Companies, Mergers & Acquisitions and Securities Securities of Norton Rose Fulbright, and partner in charge of the firm’s Istanbul office since its opening in 2011.
“As evidenced by our transaction list from last year, the Turkish market is dynamic with inbound and outbound investment and capital markets transactions, as well as complex cross-border financings and restructurings.”