Arbitration has become one of the most popular dispute resolution methods in the commercial field. However, the cost and fee of participating in arbitration proceedings is a significant barrier that prevents parties from choosing this dispute resolution method. In...
In the activities of credit institutions in general and banks in particular, to ensure the borrower’s payment obligations to the loan, banks often take measures to ensure the fulfillment of the borrower’s obligations. One of the most common methods is...
Resolving disputes through commercial arbitration has become increasingly popular among businesses because of the advantages of this method. One of the critical conditions for a dispute to be resolved by arbitration is the existence of an arbitration agreement between...
Arbitration is a dispute resolution method in which the parties agree that a neutral third party (the arbitrator or arbitration council) will issue a legal decision after the parties have had the opportunity to present their case. Arbitration includes two basic forms:...
During the performance of the contract, the parties may not be able to dutifully fulfill their obligations due to reasons beyond the control of the parties. Therefore, liability exemption is considered a necessary matter for contract law. Accordingly, the parties do...
