Within 2008 ADMD maintained its current staff and transactional volume one step further. This year we have contributed to dealings worth over €1,000,000,000 earning fees over €3,000,000. Our general client portfolio still keeps its balance of 30% local firms’ earnings and 70% of earnings from foreign clients and foreign investors in Turkey. Since our Dispute Resolution departments’ profits had also grown rapidly, the portion of DR services in our portfolio is now approximately 25% compared with, 40% from Deals and M&A, 15% from Consulting and 20% from Corporate Affairs. We have served for 28 new Clients (15 new foreign direct investors) among 187 dealings within last year of which 54 are served corporate affairs’ services annually.
In 2008 the most significant administrative filing was regarding a tax dispute to Council of State involving customs tax applications to agricultural seed importers that amounts to €35,000,000 in volume.
The most significant asset financing inquiry that ADMD assisted for in 2008 was regarding automotive industry. ADMD has provided consultancy for major automotive importers for their asset financing and credit insurance transactions.
In 2008 ADMD had provided consulting for real estate development firms for their investments amounting to €300,000,000 this year in total. Due to changes in legislation for real estate investment by foreigners within 2008 the deals became more complex and more demanding for legal assistance.
Our dispute resolution team has generated approximately 25% of our overall revenues for 2008.
ADMD’s major litigation filings were regarding tax disputes in 2008. ADMD has filed over 100 new lawsuits for accrued corporate tax annulments and customs tax applications.
ADMD assisted 25 new foreign companies with their first-entry into the Turkish market in 2008. The capital volume of such investments amounted to €42,000,000. Our corporate department assisted these new investors with services from incorporation to financing and corporate governance.
ALKAN DENIZ MAVIOGLU is a boutique law firm serving commercial businesses, financial institutions, as well as private individuals in every area of law. ADMD is preferred by clients having sophisticated corporate and financial transactions and complex dispute resolution proceedings that require attentive and scrupulous approach. Read more about the firm profile...
Along with their proficient command of English, all three partners of ADMD had expertise in international consulting and accounting firms previously in their career. This makes ADMD more competent to aid foreign clients as well as locals in accomplishing their objectives effectively, not only with the depth and scope of its legal services, but also with the understanding of economic and political environment in an emerging country such as Turkey. Read more about the staff...
Our diversified practice enables us to offer solutions to the most challenging legal issues of commercial businesses and individuals. We provide various kinds of services to our clients such as general legal counseling, corporate and litigation services. Read more about our practice areas...
ADMD is located at the center of business in Istanbul. Our office is on a main junction road between the two Bosporus bridges, within easy reach from major business centers and hotels all around the city, neighboring one of the most prestigious shopping centers in Istanbul, Akmerkez. Read more about our contact details...
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