Modern International Trade and the Significance of the CISG

Today, unifying of business laws on a transnational level has become an essential necessity rather than a mere objective when due regard is given to the immense growth in the international business transactions, with players spread all around the world. Just to illustrate the enormity of the increase in the volume of international dealings; one… Continue reading Modern International Trade and the Significance of the CISG

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Overview of the Contract Formation Regime under the CISG

It is well-worthy to examine the contract formation regime under the CISG, where a middle way between the common and civil law traditions was sought in order to achieve a system that is acceptable, efficient and suitable for the Convention’s beneficiaries, i.e. Parties to a contract which is governed by the CISG; taking into consideration… Continue reading Overview of the Contract Formation Regime under the CISG

Ministry of Justice Has Published the New Communiqué on International Arbitration Fee Tariffs

15th Edition of the Communiqué on International Arbitration Fee Tariffs has been published in the Official Gazette on 08.03.2016. Started to be published in 2001 on an annual basis, the Communique seems to reflect an identical outlook with the preceding edition. The new Communiqué, which determines arbitrators’ fees, is applicable where:   The parties and… Continue reading Ministry of Justice Has Published the New Communiqué on International Arbitration Fee Tariffs

A Brief Insight on Turkish Legal Practice of Organized Industrial Zones

Introduction Irrefutably, during the last five decades, the Turkish economy has witnessed the emergence of a blooming market with an unmatched access to major commercial hubs of the world. During which time, Organized Industrial Zones (‘‘OIZs’’) in Turkey have effectively undertaken major roles to boost economic parameters of the nation. The notion of establishing OIZs… Continue reading A Brief Insight on Turkish Legal Practice of Organized Industrial Zones

Salih Dursun’un Kırmızı Kartı: Gerçekten Yeni Bir Sayfa mı?

Ülkemizde sporun, özellikle de futbolun ne kadar ilgi gördüğünün ve oluşturduğu kamuoyunun ülke gündemine etkisinin göz ardı edilecek zayıflıkta olmadığını çeşitli gelişmelerle tecrübe etmek hiç de zor bir uğraş değildir. Bunun son ve belki de şu ana dek en olağandışı örneği; Spor Toto Süper Lig’in 22.haftasında oynanan ve Galatasaray’ın galibiyeti ile sonuçlanan müsabakada Trabzonspor oyuncusu… Continue reading Salih Dursun’un Kırmızı Kartı: Gerçekten Yeni Bir Sayfa mı?

In a House of Mirrors: Reflections of Public Policy When Enforcing Foreign Judgments in Turkey

Today, it is almost impossible to find a concept that is unable to depict a clear perspective, but plays a crucial role during interaction of different jurisdictions other than the public policy. Strikingly, while a consented definition on international and even local platforms is ever absent, importance of public policy can be observed in myriad… Continue reading In a House of Mirrors: Reflections of Public Policy When Enforcing Foreign Judgments in Turkey