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ARTICLE · 07 JANUARY 2019

Mandatory Mediation For Commercial Receivables

Gün + Partners
Gün + Partners
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Gün + Partners

Gün + Partners

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This provision has become effective as of the publication date of the Code.

TurkeyLitigation, Mediation & Arbitration

Mediation has become a must in commercial receivables actions and to this end some provisions of Turkish Commercial Code ("TCC") and Code of Mediation in Civil Disputes have been amended within the scope of Code of Commencement of Execution Proceedings in Monetary Receivables Arising from Subscription Agreements (the "Code") which became effective by being published in Official Gazette dated 19 December 2018 and numbered 30630. In this regard;

  • By incorporating Article 5/A into TCC, the application for mediation before bringing a legal action has become mandatory for the actions -among those listed under Article 4, TCC- in which a request for compensation or payment of a certain amount is sought. In these cases, the application to mediation is regulated as a condition to bringing a legal action. The effective date of this piece of regulation is 01.01.2019.

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