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Skadden Arps

Lachlan Edwards

The new stakeholders in insolvent companies, and the rise of a rescue culture, mean the next wave of restructurings will be radically different from the last

Asia law firm of the year Kate Williams of Major Lindsey & Africa presents Asia law firm of the year to Connie Heng and Alexander Lloyd of Clifford Chance Clifford Chance stepped up another gear in 2006, and was involved on innovative deals across the board. The firm was nominated for a remarkable five deal categories, and was especially dominant in both debt and equity-linked and M&A. Yet again, its lawyers tackled some of the year's most difficult deals and were praised by in-house clients for their fresh approach in often challenging circumstances.

Pekin & Pekin outlines the framework for M&A transactions in Turkey's media sector and the country's plans to reduce restrictions on foreign ownership

Turkish lenders are increasingly willing to work with debtors to turn around struggling companies. The Guner Law Office describes Turkey's debt restructuring process

Hakan Hanli of Pekin & Pekin outlines Turkey's efforts to reform the banking and finance sector

Real estate

Dubai International Financial Centre

International banks should bear in mind what can be achieved from a legal perspective in the UAE. By Owain Jones of Denton Wilde Sapte