Demircioğlu Koçak Bayraktar Attorney Partnership

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Ahmet Koçak

Demircioğlu Koçak Bayraktar Attorney Partnership

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Arbitration at the Istanbul Arbitration Centre: Rules, Procedure, Tribunal Appointment, Costs, Fast-Track, Emergency Arbitrator, Online Hearings, Multi-party Consolidation, and Model Clause
PRACTICE NOTES
This Practice Note sets out a concise overview of the Istanbul Arbitration Centre (ISTAC), the ISTAC Arbitration Rules (ISTAC Rules), and how ISTAC’s governing bodies oversee the administration of arbitrations. Founded in 2015, ISTAC delivers a comprehensive and highly adaptable arbitration framework for resolving domestic and international disputes. Firmly grounded in international best practice, the ISTAC Arbitration Rules secure efficiency, impartiality and confidentiality. The ISTAC Rules provide pragmatic, workable solutions across a broad spectrum of disputes and are recognised for their flexibility, expedited procedures and cost-efficiency. Introduction to the ISTAC In general ISTAC is an independent institution offering arbitration and mediation services to both international and domestic parties. Its services are open to all organisations and individuals, without any membership requirement, making it an accessible forum for resolving disputes. ISTAC is noted for modern and flexible rules aligned with
Arbitration
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