Getir co-founders Nazim Salur and Serkan Borançılı are suing Abu Dhabi’s Mubadala Investment Company in the High Court in London for at least $700M. They allege breach of contract and conspiracy, saying Mubadala failed to transfer assets promised to them in Getir’s June 2024 restructuring, including Getir Finance. No defense, hearing, or ruling in the claim has been publicly reported.
Latest development Feb 13, 2026
On February 13, 2026, Getir’s founders sued Mubadala in the High Court in London for at least $700M, alleging breach of contract and conspiracy. They allege Mubadala failed to transfer assets promised in Getir’s 2024 restructuring, including Getir Finance. Mubadala declined to comment and had not yet filed a defense, the Financial Times reported.
Why it matters
The claim tests how far an investor that takes control of a failing startup in a rescue is bound by its promises to the founders it displaced. Mubadala has since sold Getir’s food delivery business to Uber.
Background
Getir, a Turkish grocery and food delivery company founded in 2015, was valued at $11.8B in a 2022 funding round led by Abu Dhabi’s Mubadala Investment Company (Mubadala). In April 2024, after heavy cash burn, it withdrew from the United Kingdom, Germany, the Netherlands, and the United States. In June 2024, Getir announced a $250M investment led by Mubadala and a split into two groups. Mubadala took majority control of the food and grocery delivery business in Turkey. The founders, Nazim Salur and Serkan Borançılı, were to hold a majority of a second group with the n11 marketplace, GetirBiTaksi, GetirAraç, and FreshDirect, the New York grocery delivery business.
The founders say Mubadala delayed the transfers. In December 2024, Mubadala proposed taking full ownership of Getir, which Salur called an “illegal coup.” On January 19, 2025, Getir shareholders approved Mubadala’s restructuring plan at an extraordinary general meeting in Amsterdam. The founders asked the Enterprise Chamber of the Amsterdam Court of Appeal for interim measures, arguing that the meeting was unlawfully convened. In January 2025, after a hearing, the court rejected the request and found that Mubadala had acted in Getir’s interests, according to Turkish press reports.
On February 9, 2026, Uber announced that it would buy Getir’s food delivery business in Turkey from Mubadala for $335M. Uber would also invest $100M for a 15% stake in Getir’s grocery, retail, and water delivery business. On February 13, 2026, Salur and Borançılı sued Mubadala in the High Court of Justice of England and Wales for at least $700M, alleging breach of contract and conspiracy. They allege that only the least profitable assets, FreshDirect and n11, were transferred to them. They say they are still owed other assets, including Getir Finance, valued at about $510M in 2025, and that various Mubadala entities conspired to breach the agreement.
Mubadala declined to comment on the claim and had not filed a defense, the Financial Times reported. Turkey’s Competition Authority announced its approval of the Uber deal on June 19, 2026. Uber completed the purchase on July 1, 2026, paying about $465M in cash for all of Getir’s food delivery business and a minority stake in its grocery delivery business. No defense, hearing, or ruling in the London claim has been publicly reported.
Timeline 11 events
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OtherUber completes its purchase of Getir’s delivery businesses
Uber paid about $465M in cash for all of Getir’s food delivery business and a minority stake in its grocery delivery business. Turkey’s Competition Authority had approved the deal in June 2026.
Uber Technologies, Form 10-Q for the quarter ended June 30, 2026Daily Sabah: Türkiye approves Uber's acquisition of Getir delivery business
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OtherSifted reports lawsuit came a week after agreed Uber sale
Sifted noted that the lawsuit came about a week after Mubadala agreed to sell Getir’s Turkish food delivery business to Uber.
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FilingFounders accuse Mubadala entities of conspiring to breach restructuring deal
Nazim Salur and Serkan Borançılı alleged in their High Court claim that Mubadala and affiliated entities conspired to breach the 2024 restructuring agreement.
Getir founders file $700m claim against Mubadala, report saysGetir Founders Sue UAE Fund For $700M Over Asset Dispute
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FilingGetir founders sue Mubadala in London for at least $700M
Salur and Borançılı filed a claim in the High Court alleging breach of contract and conspiracy over assets promised in the 2024 restructuring, including Getir Finance. Mubadala had not filed a defense.
Daily Sabah: Getir founders sue Mubadala for $700M over assets break-up: ReportEnterprise AM: Getir's founders sue Mubadala for up to USD 700 mnLaw360: Getir Founders Sue UAE Fund For $700M Over Asset Dispute
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OtherUber agrees to buy Getir’s Turkish delivery business from Mubadala
Uber agreed to buy Getir’s food delivery business for $335M in cash and to invest $100M for a 15% stake in its grocery, retail, and water delivery business.
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JudgmentDutch court finds Mubadala acted in Getir’s interests
An Amsterdam court ruling, reported by Sifted, found that Mubadala had acted in the interests of Getir during the restructuring dispute.
Inside the bitter courtroom drama between Getir founders and lead investor Mubadala
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JudgmentAmsterdam Enterprise Chamber rejects founders’ request for interim measures
The Enterprise Chamber of the Amsterdam Court of Appeal rejected the founders’ application after a hearing. It found that Mubadala had acted in Getir’s interests, Turkish press reported.
Patronlar Dünyası: Getir'in kurucusu Nazım Salur'a Amsterdam mahkemesinden şokGazete Oksijen: Getir kurucusu Nazım Salur: Bu bir darbedirEnterprise AM: Mubadala to restructure Getir
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OtherGetir shareholders approve Mubadala’s restructuring plan in Amsterdam
Shareholders backed Mubadala’s plan at an extraordinary general meeting. Salur called Mubadala’s push for full control an “illegal coup” and said the meeting was unlawfully convened.
Enterprise AM: Mubadala to restructure GetirDiken: Getir'in kurucusu Salur: Mubadala'yla Amsterdam'da duruşmamız olacak
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OtherMubadala leads $250M rescue that splits Getir in two
Mubadala took majority control of Getir’s food and grocery delivery business in Turkey. The founders were to hold a majority of a second group with n11, GetirBiTaksi, GetirAraç, and FreshDirect.
Hürriyet Daily News: Getir announces new investment and restructuring
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OtherMubadala leads Getir’s $768M Series E round
The round valued Getir at a peak of $11.8B during the company’s European expansion.
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OtherMubadala first invests in Getir
Abu Dhabi’s Mubadala Investment Company made its first investment in the Turkish delivery startup in 2021, later leading further funding rounds.
Experimental AI forecast
How it is made- Predicted outcome
- Insufficient evidence
- Model confidence
- Low
The record is too thin to forecast. Eight months after filing, it shows no defense, case number, counsel, jurisdiction or immunity challenge, case management order, or trial date in the London claim. A reported defense, a jurisdiction challenge, or a listed trial or hearing date would make a forecast possible.
No defense or procedural ruling reported in London · Possible jurisdiction or state immunity challenge not yet reported · Prior Dutch interim rulings went against the founders · Uber sale completed, changing the assets in dispute · Claimed amount of at least $700 million raises settlement incentives
Generated automatically by Claude Opus 5.5 on Oct 18, 2026 from this case’s record on this site, and published without editorial review. The probabilities are the model’s judgment, not measured frequencies, and they are scored publicly as cases resolve. Not legal or investment advice. How the forecasts are made