ARBITRATION
We recognize the importance of time and confidentiality in commercial disputes. At ECY Law, we provide strategic, result-oriented and meticulous legal advice to our clients in domestic and international arbitration proceedings.
Compared to courts, arbitration is a faster, more flexible and more effective method of resolution in matters requiring specialization. In today’s world of complex international commercial relations, the proper management of arbitration processes can directly affect your competitiveness in the business world.
Our Service Areas
- National and International Arbitration Representation:
We effectively represent our clients before both Turkish and international arbitral institutions. - Drafting and Integration of Arbitration Clauses into Contracts:
The most solid foundation of the arbitration process is an effective arbitration clause drafted before the dispute arises. In this context, it is of utmost importance to review contracts for arbitration clauses and strike a fair and workable balance between the parties. We offer a technical and diligent approach in this regard. - Dispute Management and Strategic Process Consulting:
Arbitration is not only a trial, but also a strategic process. We inform our clients from the first moment the dispute arises, determine an effective roadmap throughout the process and proceed step by step. We provide comprehensive advice on evidence gathering, arbitrator selection, hearing management and post-award proceedings. - Recognition and Enforcement of Arbitral Awards:
Recognition and enforcement of international arbitration awards in Turkey (enforcement) often requires a separate expertise. ECY Law, with its experience in this field, provides its clients with an effective and reliable service at every stage of the process.
Frequently Asked Questions
What is arbitration?
Arbitration is a system where parties who cannot reach an agreement voluntarily seek a solution through a private panel of arbitrators instead of a court.
Is an arbitration decision binding?
Yes, arbitration awards are binding. The parties are obliged to comply with the award.
How can I apply for arbitration?
An arbitration application may be made through a prior arbitration agreement or a mutually agreed-upon agreement between the parties. The application is submitted to the designated arbitrator or through an arbitration centre.
Can I still resort to arbitration if I don't write an arbitration agreement?
To initiate arbitration proceedings, a prior arbitration agreement between the parties is necessary. However, in some cases, courts may direct the parties to arbitration.
How is arbitration applied in a case involving multiple parties?
In cases involving multiple parties, multilateral arbitration may be applied. The parties choose an arbitration panel by mutual agreement, and the disputes are resolved by that panel.