A&O lannches new office in Istanbul
Allen & Overy announced the launch of its new base in Istanbul, Turkey. The office will be led by London banking partner Charles Lindsay, who will be joined by senior associate Karen Lee and banking associate Seyda Duman.
The office will focus on providing English law advice on project finance, capital markets, general lending and M&A. A&O explains that the move was spurred by the opportunities arising from the Turkish Government's privatisation programme and its demand for new infrastructure.
A&O managing partner Wim Dejonghe commented: "Turkey is a market that we have been watching for some time. Turkey's strong economy, extensive privatisation programme, pressing demand for infrastructure investment and emerging status as an energy hub, present an immense opportunity for both A&O and our clients."
He added: "We see significant opportunities to build on the work we already do in Turkey for clients in our core areas of expertise such as project finance, capital markets, general lending and M&A. Having someone of Charles's calibre and experience to lead the team will ensure we get our new office off to the very best start possible."