The Cathay Associates network member in Istanbul, Turkey:
Kolcuoğlu Demirkan

Established: 2006

Staff: 40

“The superior man is modest in his speech, but exceeds in his actions.”

— Confucius

Cathay Associates Istanbul provides a result-oriented approach in order to deliver tailor-made solutions for Turkish and international companies, individuals, and institutions in a wide-range of sectors. The Turkish location is a full-service, 360-degree office with a comprehensive coverage of domestic and international legal and business issues.


Turkish Law Firm of the Year 2015 – The Lawyer Magazine

Turkish Law Firm of the Year 2014 – International Law Office Magazine

Client Choice Winner 2014 & 2015 (Corporate and M&A Lawyer of the Year, Turkey) – Umut Kolcuoğlu

Client Choice Winner 2013 & 2014 (Energy & Infrastructure Lawyer of the Year, Turkey) – Okan Demirkan


  • Restructuring

Legal advice to a global manufacturer and marketer of differentiated chemicals (NYSE-listed) relating to a recent restructuring of its textiles and advanced materials divisions; assistance in transfer of its assets and employees.

  • Capital Markets

Legal advice to a leading Turkish private equity fund.

  • Media, Technology & Telecoms

Legal advice to the Turkish subsidiaries of an international luxury fashion company in all aspects of employment law.

Legal advice to all Turkish subsidiaries of a leading Italian automotive parts manufacturer in employment law related matters, as well as negotiations with labor unions.

  • Tax

Legal advice to a leading global information and communications technology (ICT) solutions provider on tax-related matters.

  • Litigation

Legal advice to a Scandinavian private equity fund, in connection with several disputes with its former partners in Turkey.

Representation of all Turkish subsidiaries of one of Europe’s leading manufacturers of automotive parts, in all of their disputes in Turkey, including commercial claims, intellectual property disputes and employment disputes.

  • M&A

Legal advice to a leading German insurance group in the proposed acquisitions of a number of insurance companies in Turkey a publicly traded non-life insurance company.

Legal advice to a German multinational conglomerate.

Legal advice to a worldwide automotive manufacturer in corporate structuring related matters concerning its Turkish joint venture company.

Legal advice to a leading Chinese port operator, regarding its acquisition of a joint stake (involving other consortium members) in the major Turkish companies, which hold port operation licenses.

  • Corporate and Commercial

General corporate advice on all legal matters are Client’s day-to-day business activities.

Legal advice to a global manufacturer of differentiated chemicals and its affiliates, in connection with all types of corporate related matters.

Corporate and employment law advice to a worldwide textiles manufacturer.

  • Healthcare & Life Sciences

General corporate and pharmaceuticals law advice to a Turkish manufacturing company.

Legal advice to a leading seller of medical devices, in connection with various agreements signed with distributors in Turkey.

  • Infrastructure and Transportation

Legal advice to a Turkish subsidiary of this Italy-based leading railway transport engineering company, in connection with various corporate matters and contracts.

General and corporate law advice to a diversified global logistics and transportation services group, one of the leading conglomerates of Azerbaijan.

  • Energy & Resources

Extensive legal advice and assistance to the consortium of major energy and gas companies in connection with all aspects of an international pipeline project.

Legal advice to the consortium of worldwide energy and gas companies in the setting up of a pipeline project’s legal structure in Turkey, including the intergovernmental agreement between Turkey and Azerbaijan, Turkey’s natural gas market legislation and public international law matters.

Legal assistance to a leading energy company, in relation to the incorporation of an energy trading subsidiary and obtaining the required licenses, as well as extensive regulatory and corporate law advice with respect to the client’s contemplated energy trading activities.

  • Funds & Investment Management

Legal advice to a leading Turkish private equity fund with its acquisition of a number of companies.

Legal advice to a prominent Turkish private equity fund, in connection with its acquisition of Turkish companies in various sectors.

Legal advice to a leading Turkish private equity fund in the acquisitions of minority or majority stakes in six different companies operating in the healthcare, insulation / isolation and information technology sectors, as well as the acquisition of a majority stake of a company operating casual dining and fine dining restaurants in Turkey.

  • Real Estate & Construction

Legal advice and assistance to a major Turkish construction company, in connection with FIDIC based contracts for two governmental construction projects in an African country.

Legal advice to a hotel chain in connection with the lease of a famous building in Istanbul, operated as a deluxe hotel and the lease agreement of a hotel located in a mixed-use project building located in Bomonti, consisting of serviced apartments, offices and a hotel, as well as the building management agreement of this mixed-use project.

Legal advice and assistance to a distinguished Turkish real estate development company, including the drafting of lease agreements for the shopping mall and negotiation with relevant tenants, as well as legal advice and assistance in relation to sale and promise to sell agreements.

  • Banking & Finance

Legal advice to a major German bank, in connection with the financing, collateralization and purchase of commercial papers issued by a major real estate company.

Legal advice to a German Bank in connection with the transfer of loans, securities, derivatives transactions and other assets and liabilities a liquidation agency.

Legal advice to a leading manufacturer of electrical goods in connection with equity investments, mezzanine products and financial advisory services in Turkey.

  • Film & Entertainment

Corporate law advice to a leading producer of live family entertainment, active in more than 70 countries on six continents.

  • Venture Capital and Startups & Emerging Companies

Legal advice to an emerging company, which is selected as one of Turkey’s most successful startups in 2015, in connection with its corporate matters and the sale of its shares by way of capital subscription.


Umut Kolcuoğlu 

Managing Partner

Okan Demirkan


Serhan Koçaklı


Begüm İnceçam



Cathay Associates Turkey prides itself on being a top-notch law office in the domestic market. Additionally, our full-scale coverage of not only Turkish legal and business issues but international matters as well means our office is fully capable of assisting Turkish, international, and multinational companies and institutions in an array of sectors.

Our Istanbul location is dedicated to serving our clients in connection with the full range of Turkish law matters including mergers & acquisitions, general corporate law, dispute resolution, real estate, energy & infrastructure, banking & finance, employment law, capital markets and insurance law.


  • Arbitration

Our dispute resolution team represents and advises both foreign and local clients in both ad hoc and institutional arbitration, as well as post-arbitration proceedings including enforcement and set-aside lawsuits. To date, we have been successful in all of our arbitration and post-arbitration proceedings. Our team members have a wealth of experience in several arbitration proceedings, such as disputes arising from major infrastructure projects including build-operate-transfer (BOT) model investments, share purchase agreements, shareholders agreements, asset transfer agreements and licensing contracts.

  • Competition Law

We advise clients on competition related matters in a broad range of industries and on a day-to-day basis concerning business transactions that contain competition law issues such as distributorship, licensing, etc. We have extensive experience in merger control issues. We have been counseling clients involved in mergers, acquisitions and joint ventures about Turkish notification requirements and have been involved in obtaining approvals from the Turkish Competition Board in dozens of notifications. We also review Share Purchase Agreements and Shareholders Agreements, and engage in other aspects of transaction planning, in order to minimize delays and/or structural changes caused by the review of the Competition Board.

  • Privatization and Government Procurement

We have recently advised a German client (as bidder) in the privatization of Turkey’s largest state-owned insurance company. In 2015, We have also provided legal assistance to a leading holding company which operates in the fields of oil and energy–in relation to tenders for privatization, by way of transfer of operational rights of two main groups of hydroelectric power plants.

  • Insurance Law

Our team has handled and advised on a significant number of transactions requiring extensive know how in Turkish insurance industry. We are one of a small number of law firms that have hands-on, practical experience in the strategic and regulatory matters involving the insurance business. Such experience and in-depth knowledge allows for us to plan and structure further legal strategies and options for clients operating in the insurance sector. Our team has advised in numerous matters concerning the insurance sector and assisted clients with respect to their day-to-day operations in Turkey. Our involvement in these operations included also regulatory support in all licensing matters, as well as discussions with local authorities.

  • Anti-corruption

Anti-corruption, anti-bribery and companies’ integrity with global business ethics standards are among the core practice areas of Cathay Associates Istanbul. We advise local and multinational companies, foundations and institutions in all aspects of this practice area.

Our legal services include preparation of internal regulations and company policies to combat corruption, bribery and violation of business ethics; advising the clients on legal compliance of providing gifts and entertainment to public officials and possible legal consequences; assisting the clients in designating a proper legal strategy when they encounter white-collar crimes and representation of their representation before the competent courts and public prosecutors; due diligence in inter-company transactions, including mergers and acquisitions; and training the clients’ management teams on how to integrate with global business ethics standards and how to efficiently implement company policies. Cathay Associates Istanbul is a corporate member of Turkey’s leading civil society institution in the area of anti-corruption and ethics.



Sağlam Fikir Sokak Kelebek Çıkmazı No:5 Esentepe, İstanbul Turkey

+90 212 355 99 00