Fast-Track Arbitration under ISTAC Rules: Procedure, Time Limits and Advantages Fast-track arbitration under ISTAC Rules provides businesses with a simplified and accelerated procedure for resolving commercial disputes through a binding arbitral award. Traditional arbitration can be faster than court litigation, but complex arbitration proceedings may still involve several rounds of submissions, extensive document production, multiple […]
Arbitration Costs in Turkey: Tribunal Fees, Legal Expenses and Cost Allocation Arbitration costs in Turkey are a central consideration for companies, investors, contractors, shareholders and commercial parties deciding whether to commence, defend or settle an arbitration. Although arbitration may offer confidentiality, procedural flexibility, specialist decision-makers and international enforceability, it is not free from financial risk. […]
Third-Party Funding in Turkish Arbitration: Disclosure, Costs and Conflict Risks Third-party funding in Turkish arbitration is becoming increasingly relevant for companies, investors, contractors, shareholders and claimants that possess potentially valuable legal claims but do not wish to finance the full cost of arbitration from their own balance sheets. International arbitration can involve substantial expenditure. The […]
Emergency Arbitrator Proceedings in Turkey: Requirements, Procedure and Enforcement Emergency arbitrator proceedings in Turkey provide parties with a rapid method of obtaining urgent interim relief before the sole arbitrator or ordinary arbitral tribunal has been constituted. The mechanism can be particularly important where waiting for the ordinary tribunal would expose a party to irreparable or […]
Recognition and Enforcement of Interim Arbitral Awards in Turkey The recognition and enforcement of interim arbitral awards in Turkey is a legally complex subject because the term “interim award” does not have a single universally accepted meaning. An arbitral tribunal may issue several decisions before rendering the document described as its final award. Some of […]
Arbitration in Turkish Joint Ventures: Governance, Funding and Deadlock Disputes Arbitration in Turkish joint ventures is an important dispute-resolution mechanism for foreign investors, Turkish shareholders, multinational groups, contractors, technology companies and financial sponsors that establish a jointly controlled business or project in Turkey. A joint venture usually begins with a shared commercial objective. One participant […]
Arbitration of M&A Disputes in Turkey: Purchase Price Adjustments, Earn-Outs and Warranty Claims Arbitration of M&A disputes in Turkey has become increasingly relevant for foreign investors, private equity funds, strategic purchasers, founders, family-owned businesses and multinational groups involved in the acquisition or disposal of Turkish companies. A merger or acquisition does not necessarily end when […]
The Offense of Abandonment Under Turkish Criminal Law One of the special endangerment offenses that has existed in the Turkish criminal justice system since the former Turkish Criminal Code No. 765 and is intended to protect an individual’s life, health, and bodily integrity is the offense of abandonment. Under the current Turkish Criminal Code No. […]
Violation of the Duty to Protect, Supervise, Assist, or Report with Respect to Foreign Nationals The offense of violation of the duty to protect, supervise, assist, or report, regulated under Article 98 of the Turkish Criminal Code (TCC), is binding upon both Turkish citizens and foreign nationals present within the territory of the Republic of […]
The Offense of Self-Induced Abortion in Respect of Foreign Nationals The offense of self-induced abortion, regulated under Article 100 of the Turkish Penal Code (TPC), criminalizes a pregnant woman who knowingly and voluntarily terminates her own pregnancy beyond the legally permitted time limit or consents to the termination of her pregnancy under such circumstances. The […]