I. ARBITRATION BRIEFLY
Nowadays, with the increase of trade, there has also been an
increase in the number of human relations. With the increase in
human relations, many commercial disputes have occurred. Thus, to
resolve these disputes, arbitration proceedings have emerged.
Arbitration; in short, it is the resolution of
disputes arising between the parties by arbitrators, rather than
the state court. Just as the decisions made by state courts,
decisions made by arbitrators are final. In addition, arbitration
decisions are recognized and enforceable in our country and in many
parts of the world through the New York Convention of June 10,
1958, to which 145 countries are parties. Today, arbitration is a
fairly popular method of judgement. Arbitration is often resorted
to, especially for the resolution of commercial disputes that have
an element of foreignness. The reason arbitration is so preferred
is due to the fact that it has many positive aspects compared