Introduction
A dispute resolution clause is one of those contractual provisions that receives relatively little attention when the commercial relationship is going well and a great deal of attention once it is not.
By then, however, many of the important choices have already been made. The parties may have committed themselves to Turkish courts, agreed to arbitration in Istanbul or abroad, created a mandatory negotiation or mediation stage, or left the contract completely silent. The location of the counterparty's assets may also turn out to be very different from the place where the underlying transaction was performed.
For a foreign company dealing with Türkiye, I therefore consider dispute resolution at two different moments.