Lexology In-Depth - International Arbitration - 15th Edition

Türkiye chapter of “International Arbitration” written by Serdar Paksoy, Simel Sarialioglu, Doguhan Uygun and Osman Pepeoğlu is published on Lexology In-Depth*. You may reach the entire publication here.

Türkiye has become more arbitration friendly as the alternative dispute resolution methods are trending. The legal framework, court decisions, scholarly opinion and approach to arbitration have been transformed to match international standards. The Istanbul Arbitration Centre (ISTAC) which provides dispute resolution services for international and domestic parties was established in 2014. The Prime Ministry Circular numbered 2016/25 was published later on, in which it explicitly states that resolving disputes through arbitration or alternative dispute resolution methods is targeted as a state policy by aiming to reduce the workload in the national courts.2 The circular encourages all organisations and companies to insert an arbitration clause into their contracts. In light of the above-mentioned developments and encouragements, both international and domestic arbitration cases that involve Turkish parties are increasing. The disputes solved through arbitration in Türkiye typically revolve around shareholder conflicts, infrastructure, construction, energy and associated issues.

*Reproduced with permission from Law Business Research Ltd. This article was first published in Lexology In-Depth: International Arbitration – Edition 15. For further information, please visit.