Recognition and Enforcement of Foreign Court  Judgments in Turkey INTRODUCTION Legality and application of foreign judgments in Turkey depends on completion of several procedures which are called enforcement and recognition in Turkish Law. The provisions about recognition and enforcement take place in Law numbered 5718 dated 22.11.2007.[1] Recognition is regulated under Art.58 of Law numbered 5718. According to this Article recognition is the procedure which provides final evidence and definite judgment statute to the foreign...

NATURAL GAS MARKET LAW IN TURKEY “A general overview on Natural Gas Market Law in Turkey” Att. Arzu ONGUR Introduction Nowadays, energy is considered as one of the most important measures of enhancement of welfare and sustainable development. Historical experiences indicate that, attaining sustainable energy and growth in economy are tightly linked to each other.[2] Turkey’s role in the transit of gas is increasingly important due to the fact that it is surrounded by major gas-exporting countries in the Middle East and Central...

HOW TO INVEST IN TURKEY ? Attorney  ARZU ONGUR L.LM Top 10 Legal questions about Foreign Direct Investments in Turkey…[1] How does legal framework of the FDI regulated under the Turkish Law? The legal framework of the Foreign Direct Investments are regulated by the Law numbered 4875 and dated 17.06.2003 (hereinafter “no. and dd.”). This law is structured as a legal guideline for investors, which consists of 7 Articles and regulates general rules and principles about FDI. Additionally, the “Mutual Protection and Promotion of...

PUBLIC TENDERS LAW IN TURKEY BY ATTORNEY ARZU ONGUR L.LM ONGUR&PARTNERS INTERNATIONAL LAW FIRM   INTRODUCTION The public tenders became an  significant market,  for both national and international service providers in term of their scale and attractively in Turkey. The necessity of technical knowledge and the public service character of the business have given rise to the search of foreign participants as well. However, it is fact that for a foreign contractor, the laws and procedures of a different country is always...

OIL MARKET LAW IN TURKEY “A general overview on Oil Market Law in Turkey” Att. Arzu ONGUR ERGAN[1] Introduction Nowadays, the oil market is on a voyage of major change all over the world and in particular in the European Union. Turkey’s role in the transit of oil supplies to Europe from Russia, the Caspian region and the Middle East is increasingly important. Following the start of the Blue Stream, Baku-Tblisi-Ceyhan and on-going Nabucco pipeline projects, Turkey has become an integral part of the international oil and gas...

THE NEW [2012] ARBITRATION RULES OF INTERNATIONAL CHAMBER OF COMMERCE [“ICC”] By Attorney Arzu ONGUR ERGAN*   Keywords: International Chamber of Commerce, ICC, International Arbitration, New ICC Rules, 2012 ICC Arbitration Rules, Arbitration Rules of International Commerce, Alternative Dispute Resolution, Arbitration, World Business Organization, International Commerce., Terms of Reference, Scrutiny, Case Management, Efficiency in the Arbitration Process.   Abstract: The purpose of this article is to explain the...

Best Lawyer in Turkey In this globalized world, having trusted legal services is a vital need for any international business. Hiring the best lawyer in Turkey is an important instrument during any litigation or arbitration proceeding as well as any cross-border business transactions. Turkey, with its expanding role in international business and trade attracts significant interest of international community. In this article, we provide the guidelines on how to hire the best lawyer in Turkey before starting any business operation in...

Trust Law and Probate in Turkey Setting up a trust or will have been a popular estate planning tool in Turkey, especially if you want to leave properties and assets to third parties without the hassle of undergoing the Turkish probate process. With a trust or will arrangement, the creator or trustor transfers his property under the care of a trustee, who can be a trust lawyer or attorney, in favor of the beneficiary parties as heirs. Turkish trust law allows you to dictate the schedule of distributing the inheritance to the heirs,...

The main purpose of this article is to inform readers about the assessment of energy disputes that arise in Turkey by international arbitration methods and in particular the ICSID arbitration process. The arbitration Lawyers in Turkey, have been dealing with many complex arbitration cases and the energy becoming a very dominant market in Turkey in the last decade for international arbitration disputes. Introduction Several rapid, transparent, and new legal resolution mechanisms are generated as an alternative to governmental adjudication...