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Hüseyin Şimşek

Senior Associate
Huseyin Simsek – hard-working and reliable counsel, very precious support throughout the commercial relationship.
— Legal 500
About

Hüseyin Şimşek acts for leading domestic and international banks and other financial institutions on high-stake, complex and contentious issues in the area of financing, securities and financial recovery. 

He advises and litigates on subjects such as entering into and terminating facility agreements, the establishment and enforcement of security rights, prejudgment attachments, banks’ duty of care, asset tracing, fraud and directors’ liability.

Hüseyin further maintains a strong practice in blockchain and cryptocurrency litigation. He represents and advises domestic and international crypto-asset service providers, exchanges, brokers and other market participants in Dutch court proceedings and cross-border disputes involving duty of care claims, fraud and investment scams, freezing- and disclosure orders, asset tracing, cross-border crypto recovery, and commercial disputes.

He also focuses on funds and structured finance litigation. He represents institutional investors, asset managers, sponsors, financiers, bondholders, trustees and issuers in complex cross-border disputes involving investment recovery, mismanagement, fraud, misrepresentation, defaults, enforcement actions and contentious restructurings of trust deeds and indentures.

Professional QualificationsAdvocaat admitted with the Nederlandse Orde van Advocaten

EXPERIENCE

  • Acting for a financial institution in connection with a USD 1.1 billion cross-border asset recovery and enforcement dispute.
  • Acting for a Dutch bank in investigations concerning suspected fraud in relation to a EUR 10 million plus asset-based financing.
  • Representing a Dutch bank in its recovery of stolen funds after an internal fraud.
  • Defending a leading global crypto exchange against a Dutch freezing order and a subsequent multi-million claim in proceedings on the merits in the Netherlands.
  • Representing a large crypto broker in the recovery of its crypto assets after an internal fraud.
  • Assisting a US credit fund in the restructuring of its EUR 100 million plus financing in a Dutch Scheme of Arrangements (WHOA).
  • Assisting a company in the automotive sector in its EUR 20 million plus claim for damages against its former directors in connection with fraud and embezzlement of assets.
  • Representing bondholders in court proceedings in their investigations and recovery of EUR 75 million subscriptions in fraudulent bonds in the oil and gas sector.
  • Representing a Real Estate development company in summary proceedings in its claim for performance of a EUR 60 million sale and purchase agreement of plots of lands and subsequent discovery proceedings.
  • Defending a Real Estate investment firm in proceedings on the merits regarding a post-closing claim of a EUR 45 million sale and purchase agreement of real estate.
  • Defending an international crypto exchange company against multiple claims from customers who became victim of investment scams conducted by third-party fraudsters.
  • Defending a global leading crypto exchange against disclosure proceedings and freezing orders.
  • Representing ING in several proceedings, including insolvency proceedings and summary proceedings concerning the termination of a banking relationship.
  • Representing Liberty Mutual as guarantor in a summary proceeding against the contractor's request to refuse a withdrawal of a bank guarantee by the beneficiary.
  • Completed a secondment at ING; assisted ING in disputes with clients concerning the termination of banking relationships.
Languages
  • Dutch
  • English
  • Turkish
Education
  • VU University Amsterdam, Masters of Laws (Tax Law), 2017
  • University of California Hastings College of the Law, several LL.M. modules in Business Law, 2016
  • Leiden University, Masters of Laws (Corporate Law), 2015


    VU University Amsterdam, Bachelor of Laws, 2014