BASEAK team, led by Partner Özgür Akman, successfully advised and represented China North Industries Corporation (Norinco) in the course of conducting settlement negotiations with ISKI (Istanbul Water and Sewerage Administration) regarding a litigation dispute pending between the parties since 1998. In addition, BASEAK team successfully represented Norinco in reaching the settlement on the litigation file and upon the completion of the settlement between the parties; the case file is now closed.

BASEAK team, led by Partner Özgür Akman, successfully advised and represented China North Industries Corporation (Norinco) in the course of conducting settlement negotiations with ISKI (Istanbul Water and Sewerage Administration) regarding a litigation dispute pending between the parties since 1998. In addition, BASEAK team successfully represented Norinco in reaching the settlement on the litigation file and upon the completion of the settlement between the parties; the case file is now closed.

A Chinese company, Norinco is a pioneer and leader of Chinese military trade. The company’s portfolio of products includes vehicles (trucks, cars and motorcycles), machinery, optical-electronic products, oil field equipment, chemicals, light industrial products, civil and military equipment and ammunition. Norinco is also involved in domestic civil construction projects.    

ISKI, responsible institution for water operations in Istanbul, was founded in 1981 and aims to plan Istanbul’s water supply, storage and distribution and wastewater investments under the supervision of Istanbul Metropolitan Municipality. ISKI became one of the biggest institutions in Turkey in 1995.

BASEAK team included Partner Özgür Akman, Senior Associate Mahmut Karyağdı and Associate Zeynep Serim.

About Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership is an Istanbul-based full-service law firm led by almost 100 experienced professionals since 2007, each well equipped to provide creative and diligent transaction counselling and cutting-edge legal services. We advise national and multinational clients, including Fortune 500 companies on corporate and M&A, banking and finance, capital markets, competition and antitrust, public policy and regulation, employment and labor, project finance, real estate and construction, infrastructure and PPPs, franchising and distribution, trade, WTO and customs, intellectual property, data and technology, data protection, privacy and cybersecurity, arbitration, litigation and dispute resolution, and tax matters.