Attorneys at Law
 
 
 

Banking FinanceELIG has capability in financing transactions, bankruptcy and corporate trust matters.

Loan Agreements
In the area of bank financing, ELIG attorneys participated in drafting numerous loan documentation with emphasis on leveraged finance transactions and represented agent banks in providing senior financing to a large number of borrowers operating in a variety of industries.
In the area of acquisition financing, our lawyers advised banks and other lenders, as well as borrowers, on financings for acquisitions, bridge loans, working capital and general corporate purposes.
ELIG attorneys have vast experience in connection with the standards, principles, forms and requirements of international financing institutions such as OPIC, IFC and major worldwide banks. We believe this experience provides us with a unique advantage in terms of bringing a financing deal with such institutions to a smooth closing in an efficient manner.

Sovereign Lending
ELIG attorneys worked on transactions providing financing to the Turkish Republic. The terms and structure of sovereign lending differ in various ways from commercial financing of private entities requiring specific experience with the Turkish Treasury.

Tier II Capital To Turkish Banks
Our attorneys' experience includes also working on extension of subordinated loan facilities to Turkish banks by multinational financial institutions and major foreign banks.

Structured Finance
In structured finance, our attorneys advised Turkish banks and arrangers on securitization deals in Turkey including their securitization programs structured on future cash flows.

Non-Performing Loan Sale / Distressed Debt Financing
An example of our attorney's experience is participation on behalf of international group of investors in Turkey's first and subsequent sale transactions of non-performing commercial loan portfolio inherited from insolvent banks by the Savings Deposit and Insurance Fund.

We also represent borrowers and lenders in various distressed debt financing deals. ELIG attorneys actively participate in various deals of debt reorganization for a wide variety of companies including public corporations, corporations under the Financial Restructring Scheme, commonly known as the "Istanbul Approach" etc.

Bankruptcy and Reorganizations
In the area of bankruptcy and reorganizations,
ELIG attorneys have experience in representing creditors in bankruptcy matters. Turkish bankruptcy laws have undergone a major change in the recent years, developing its rules regarding bankruptcy deferrals and reorganizations. ELIG attorneys can assist clients, especially creditors against bankruptcy estate, in connection with structuring bankruptcy and claims against the bankruptcy estate.
In addition to domestic bankruptcy and bankruptcy related reorganization issues, ELIG's US qualified attorneys have experience in debtor-in-possession financing and Chapter 11 related reorganizations and workouts in the US. We believe that our knowledge and expertise in US bankruptcy laws and rules greatly enhances our ability to serve our foreign clients locally in this respect.

Corporate Trust
In the area of corporate trust, ELIG attorneys advised trustees on both US based and international transactions, asset backed securitizations and project finance transactions by reviewing documents such as; Indentures, Trust Agreements, Security Agreements, Collateral Agency Agreements, Issuing and Paying Agency Agreements, Depository Agreements and Escrow Agreements.