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The authority of arbitrators regarding execution proceedings

March 01, 2024
Ergin Mizrahi, Senior Partner, Pekin Bayar Mizrahi Tuğçe Aslı Turçal Çakmak, Counsel, Pekin Bayar Mizrahi
Ergin Mizrahi, Senior Partner, Pekin Bayar Mizrahi Tuğçe Aslı Turçal Çakmak, Counsel, Pekin Bayar Mizrahi
Posted in International arbitration

Under Turkish law, if a creditor files a claim before an execution office when their receivable is not based on a court judgment or a pledge, the execution office will send a payment order to the debtor. If the debtor files an objection with the execution office, the creditor will be compelled to file legal action against the debtor in order to vacate the objection, with the view of proceeding with the execution proceedings once the objection is vacated.

Read the full Pekin Bayar Mizrahi article, "The authority of arbitrators regarding execution proceedings."