Development of Arbitration in Turkey - WAMR 2016 Vol. 10, No. 1
Okan Demirkan is a partner of the Kolcuoğlu Demirkan Koçaklı (KDK) firm in Istanbul, Turkey. He currently leads the Firm’s dispute resolution and energy practices. Between 2004 and 2010, Mr. Demirkan was heavily involved in all legal and regulatory issues surrounding the Baku-Tbilisi-Ceyhan Crude Oil Pipeline Project (BTC). In addition to the BTC, Mr. Demirkan has advised clients in connection with the Nabucco Gas Pipeline and the Samsun-Ceyhan Oil Pipeline. In 2011, Mr. Demirkan took an active role in the Shah Deniz Stage 2 Gas Sale Project as head of the KDK team, advising on the project’s legal structure in Turkey. Between January and June 2012, the KDK team, led by Mr. Demirkan, played a key role in the multi-billion dollar Trans-Anatolian Natural Gas Pipeline Project, drafting both the Host Government Agreement and Intergovernmental Agreement, and negotiating their execution with the Turkish Government. In 2013 and 2014, Mr. Demirkan was awarded the Client Choice Award by International Law Office Magazine for his work on Energy and Natural Resources projects.
Gürhan Aydin has extensive experience in distributorship, dealership, insurance, and employment disputes, as well as a wide variety of corporate law matters, including white-collar crime and international sales contracts. His work has also involved the full range of debt-collection proceedings, from execution to bankruptcy and foreclosure, of both negotiable instruments and real property. In addition, Mr. Aydin has experience in commercial and sports-related arbitration, and post-arbitration litigation, where he has represented several foreign clients in enforcement and set-aside lawsuits.
Burak Eryiğit has experience in litigation, arbitration and infrastructure projects. He is currently attending an LL.M. program at Queen Mary University of London.
Originally From World Arbitration and Mediation Review (WAMR)
With aspirations to become a key international arbitration venue, Turkey enacted new legislation on November 29, 2014 in order to establish the Istanbul Arbitration Center (Center). With its own arbitration center, the number of arbitration proceedings in Turkey is expected to increase substantially. Inevitably, this increase will result in a concurrent rise in the number of set-aside lawsuits.