• About
  • Contact
Şengün Law
  • Deutsch
  • Français
  • Türkçe
  • Español
  • Italiano
  • Investment Advisory In Türkiye
    • Company Formation
    • Foreign Shareholder
    • Concessions – Incentives
    • Tax Liabilities
    • Insurance
    • Real Estate Purchases
    • Risk, Compliance and Regulation
    • International Logistics
    • ESG
    • Competition
    • Trade Union Consulting
    • Region Selection
    • Digital Transformation
    • Information Technology Consultancy
  • Articles
    • From Nedim Korhan Şengün
    • Entrepreneurship Center
    • Global Green Center
    • Center Of Risk Management And Regulatory Compliance
    • Center of Arbitration, Conciliation, and Mediation
    • Capital Markets and Financial Transactions Center
    • Insurance Center
    • Intellectual Asset Management Center
    • Personal Data Center
    • Competition Law and Practice Center
    • Investment Advisory Center
  • Turkish Citizenship and Immigration
    • Acquisition of Turkish Citizenship
    • Work Permit
    • Residence Permit
    • Family Law for Foreigners
    • Criminal Law for Foreigners
    • Intellectual Property for Foreigners
    • Administrative Practices for Foreigners
  • International Disputes
    • Local and International Dispute Resolution
    • Arbitration/ Recognition /Adjudication
  • Announcements
No Result
View All Result
  • Investment Advisory In Türkiye
    • Company Formation
    • Foreign Shareholder
    • Concessions – Incentives
    • Tax Liabilities
    • Insurance
    • Real Estate Purchases
    • Risk, Compliance and Regulation
    • International Logistics
    • ESG
    • Competition
    • Trade Union Consulting
    • Region Selection
    • Digital Transformation
    • Information Technology Consultancy
  • Articles
    • From Nedim Korhan Şengün
    • Entrepreneurship Center
    • Global Green Center
    • Center Of Risk Management And Regulatory Compliance
    • Center of Arbitration, Conciliation, and Mediation
    • Capital Markets and Financial Transactions Center
    • Insurance Center
    • Intellectual Asset Management Center
    • Personal Data Center
    • Competition Law and Practice Center
    • Investment Advisory Center
  • Turkish Citizenship and Immigration
    • Acquisition of Turkish Citizenship
    • Work Permit
    • Residence Permit
    • Family Law for Foreigners
    • Criminal Law for Foreigners
    • Intellectual Property for Foreigners
    • Administrative Practices for Foreigners
  • International Disputes
    • Local and International Dispute Resolution
    • Arbitration/ Recognition /Adjudication
  • Announcements
No Result
View All Result
Şengün Law
No Result
View All Result
Home Articles From Nedim Korhan Şengün

Turkish International Commercial Court

21 July 2024
in From Nedim Korhan Şengün
Reading Time: 2 mins read
A A
Türkiye Uluslararası Ticaret Mahkemesi
Share on FacebookShare on TwitterShare on Linkedin

The pursuit of justice should be free from compulsion.

Justice is best served through a “FREE SETTLEMENT AGREEMENT”.

Settlement is the best form of justice; it embodies the true sense of justice.

Those seeking justice should not be forced into mandatory legal procedures.

One should not be told: You must file a lawsuit, you must resort to arbitration, you must go through mediation, or you must follow the procedure set forth in Article 35/A of the Attorneyship Law.

Natural and legal persons must be free to choose—or create—the means by which they seek justice.

THERE CAN BE NO MANDATORY INSTITUTION IN THE PURSUIT OF RIGHTS. If such compulsion exists, that institution will become eroded, leading to the search for alternatives.

It is the duty of lawyers and jurists to develop and propose the pathways and methods individuals and entities may use to defend their rights.

We must speak more about this. One of the emerging avenues for dispute resolution worldwide is “INTERNATIONAL COMMERCIAL COURTS”.

This initiative stems from the search for an alternative to international arbitration, and as a response to its shortcomings. Following Brexit, efforts have been made in countries such as Germany, France, and the Netherlands to establish such courts as an alternative to London. Similarly, countries like China, Singapore, and Qatar, as well as jurisdictions such as Dubai, Abu Dhabi, and Astana, have established International Commercial or Financial Courts.

At the same time, a European Commercial Court is on the agenda—an initiative expected to be particularly beneficial for SMEs.

Admittedly, these courts face a significant disadvantage compared to international arbitration: the limited enforceability of their decisions. However, they are likely to remain and continue developing as a viable alternative.

This is because the prospect of substantial revenues from legal services, the growth of international trade and finance processes, and the criticism of existing institutions make intense competition in legal services inevitable.

In this context, the time has come to discuss the establishment of a “TURKISH INTERNATIONAL COMMERCIAL COURT.”

Of course, without an interstate agreement, establishing an international court is not fully possible. Yet, these international commercial courts are not traditional courts.

Though not homogeneous, their features—language of proceedings, procedural flexibility, shorter timelines, the involvement of foreign judges, lawyers, and experts, and the absence of appeal—make them attractive.

Ultimately, when viewed against the backdrop of global developments, a “Turkish International Commercial Court” is an idea worth serious consideration.

Furthermore, it would complement our country’s already strong arbitration and mediation centers, enhance Türkiye’s attractiveness for diverse legal services, and provide benefits to all related institutions.

Nedim Korhan Şengün

ShareTweetShare
Previous Post

Climate Change Litigation’s Impact on Companies

Next Post

New Rules For The Processing Of Special Categories Of Personal Data

Related Posts

Coronavirüs kapsamında kısa çalışma nedir

Legal Evaluation of Short-Time Working in the Framework of Coronavirus (COVID-19)

I.INTRODUCTION The viral COVID-19 outbreak has been declared a “Pandemic” by the World Health Organization while Turkey and many countries...

It’s Time for Türkiye

We hereby bring to your attention the statement made by Nedim Korhan Şengün, the co-founder of Şengün & Partners Attorney...

Taşınamaz Rehin Haklarından İpotek ve Kesin Borç İpoteği

Mortgage and Final Debt (Principle) Mortgage in the Pledge on Immovable Property

1) Purpose, Characteristics, Establishment and Termination of Mortgage Provisions on Mortgages are regulated in Article 881 of Turkish Civil Code...

Uluslararası Avukatlar Birliğinin Mültecilerle İlgili Toplantısı

The International Association of Lawyers Meeting on Refugees

Turning the legal spotlight on the issues of the world and humanity and establishing a broad understanding is very important...

Reflections on Legal Practice

Turkish lawyering has been influenced by the tradition of the Committee of Union and Progress. It is action-oriented, political, communal,...

Formation

The world history is moving in a new direction- we humans and especially lawyers should not stay behind in interpreting...

Next Post

New Rules For The Processing Of Special Categories Of Personal Data

Latest Posts

U.S. Court Reviews Proposed AI Copyright Settlement Involving Anthropic

U.S. Court Reviews Proposed AI Copyright Settlement Involving Anthropic

Rekabet Hukuku İhlallerinde Özel Hukuk Tazminat Davaları ve Follow-on Süreçler: Türk Hukuku Açısından Bir Değerlendirme

Private Damages Claims and Follow-on Actions in Competition Law Infringements: An Analysis from the Perspective of Turkish Law

Taşımacılık Sektöründe Limanlar, Lojistik Koridorlar ve Pazar Kapatma Stratejilerinin Rekabet Hukuku Açısından Analizi

Competition Law Analysis of Ports, Logistics Corridors and Market Foreclosure Strategies in the Transport Sector

Şirketlerin Siber Güvenlik Açıkları ve Yeni Nesil Dolandırıcılıklara Karşı Hukuki Yükümlülükleri

Companies’ Cybersecurity Vulnerabilities and Legal Obligations Against Next-Generation Fraud

Rekabet Hukukunda Yerinde İnceleme Yetkisinin Dönüşümü ve Savunma Hakkının Anayasal Sınırları

The Transformation of On-Site Inspection Powers in Competition Law and the Constitutional Limits of the Right of Defense

Dijital Bankacılık ve Kişisel Verilerin Güvenliği

Digital Banking and Personal Data Security

  • About
  • Contact

© 2024 Şengün Partners

No Result
View All Result
  • Investment Advisory In Türkiye
    • Company Formation
    • Foreign Shareholder
    • Concessions – Incentives
    • Tax Liabilities
    • Insurance
    • Real Estate Purchases
    • Risk, Compliance and Regulation
    • International Logistics
    • ESG
    • Competition
    • Trade Union Consulting
    • Region Selection
    • Digital Transformation
    • Information Technology Consultancy
  • Articles
  • Turkish Citizenship and Immigration
    • Acquisition of Turkish Citizenship
    • Work Permit
    • Residence Permit
    • Family Law for Foreigners
    • Criminal Law for Foreigners
    • Intellectual Property for Foreigners
    • Administrative Practices for Foreigners
  • International Disputes
    • Local and International Dispute Resolution
    • Arbitration/ Recognition /Adjudication
  • Announcements
  • About
  • Contact
  • English
    • Türkçe

© 2024 Şengün Partners