Arbitration, which is the alternative extrajudicial dispute remedy, expresses the settlement of the dispute by arbitrators determined by the parties themselves, in the light of objective criteria. There are two types of arbitrations; internal arbitration and external arbitration.
In Turkish Law, the internal arbitration remedy is regulated as specified in the Code of Civil Procedure (Code No.: 6100). Arbitration remedy, which ensures fast settlement of disputes, is used in case the parties have expressly agreed in the relevant contract, on reference of the dispute to arbitration, or a legal regulation on arbitration exists. However, in the relevant legislation, it is regulated that disputes may not be referred to arbitration provided they concern personal rights, Constitutional rights, compulsory legal rules, and institution of divorce.
In all contracts we prepare, and particularly in commercial contracts, we ensure the arbitration condition to be included, optimizing the legal interest of the client.
We protect the legal interests of our foreign clients via the arbitration centers located in London, Hong Kong and Dubai, and we protect the legal interests of our clients located in Turkey and having localness elements, via Turkey headquarters of arbitration organizations we work with abroad, and via ISTAC.