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İstanbul Arbitration Centre (ISTAC)

İstanbul Arbitration Centre (ISTAC) Recently Arbitration in Turkey became a very important legal tool during the resolution of national or international dispute resolutions. The Istanbul Arbitration Centre (ISTAC) set up on the 26th of October 2015 as a neutral independent, and impartial institution providing dispute resolution services for international and domestic clients. Especially with the cases where Turkish law information required ISTAC provides unique solutions such as Fast Track Arbitration in Turkey, Emergency Arbitrator,...

Arbitration Clauses in Turkish Law

Arbitration Clauses in Turkish Law According to Turkish law, the arbitration clause has a very important role during the interpretation and/or implementation of any contract in Turkey. Considering the fact that arbitration is a very popular dispute resolution mechanism in Turkey the parties of any international or local contract should pay attention in terms of the drafting of an appropriate arbitration clause in their contracts in Turkey. Especially foreign parties of a contract should receive advice from a well-known arbitration...

Arbitration Clauses

Arbitration Clauses The arbitration clause is the agreement between the parties of a certain legal relationship to submit all or certain disputes that may arise between them to binding arbitration. When drafting an arbitration agreement or clause at the beginning of a long-term business relationship, it is important to bear in mind that a dispute may arise years after the contract between the parties has been entered into. Therefore, it is advisable that clients consider at the outset: whether all disputes are to be arbitrated or...