Owing to its geographic location between Europe and Asia, Turkey has been a vital hub in international transport. The sea traffic is dense throughout the year in major ports of Turkey including İstanbul, İzmir, Mersin, Trabzon, and İskenderun.
Turkish courts are competent and highly experienced in the enforcement of provisional attachment on ships as well as other vehicles. As the provisional attachment in aid of an ongoing arbitration or litigation would constitute a significant security for the claimant until the proceedings are final, it is advisable to consider applying for a provisional attachment where there is persuasive evidence.
In this note, we summarize some important issues that should be taken into account in relation to this important legal tool.
You can reach the full of briefing here.
Share
Related persons
You can contact us for detailed information.
Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
29 November 2024
Turkish Competition Law Newsletter – 2024 Autumn Issue
The first decision involved Trugo Akıllı Şarj Çözümleri Sanayi ve Ticaret A.Ş. (“Trugo”), a subsidiary of Türkiye’nin Otomobili Girişim…
15 November 2024
WPP YEKA Tender 2024
The Republic of Türkiye’s Ministry of Energy and Natural Resources (“Ministry”) announced the Tender for the Allocation of Renewable…
25 October 2024
Regulation on the Withdrawal of Human Medicinal Products and Foods for Special Medical Purposes
The Regulation introduces provisions regulating withdrawal processes in a specific and detailed way and aligning such processes with modern…
30 September 2024
Prohibition on Cash Payments, Order Procedures, and Advertising for Crypto Platforms
In the bulletin dated September 19, 2024, a new principle decision numbered 1484 was published, establishing certain principles and…
24 September 2024
Recent Developments in Healthcare Legislation – 2024 Summer Edition
We would like to share with you our information note where we have summarised the latest developments in the healthcare legislation…