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Understanding Arbitration in Turkey

Understanding Arbitration in Turkey. Businesses and investors prefer arbitration for its neutrality, speed, and enforceability. Turkey, as a hub bridging Europe and Asia, provides excellent facilities and a supportive legal environment. Many international companies seek the support of an international law firm to navigate complex arbitration procedures. In recent years, arbitration has become a preferred method of dispute resolution in Turkey, especially for international and commercial disputes. As Turkey continues to expand its global...

LITIGATION UNDER TURKISH LAW

Introduction litigation Turkey is one of the increasingly important destinations for commerce, travel as well as investment with significant opportunities. Since Turkey is an important commercial hub as such, the possibility of disputes over which Turkish courts are competent to resolve are quite high under the conflicts of law rules. The main code that regulates lawsuits involving foreigners and foreign elements in Turkey is the International Private and Civil Procedure Law.  In addition, depending on the individual case, other...

INCOTERMS

Av. Deniz Bahadır Introduction Incoterms are a series of pre-defined commercial terms that have been issued by the International Chamber of Commerce (ICC) relating to international commercial transactions[1] since 1930. Since then, the ICC tends to revise the rules within the first year of every decade. The Incoterms usually consist of 3 letters which are aimed to primarily clarify the risks, costs, and tasks regarding international transportation and the delivery of goods. The main objective of Incoterms is rather to define...