In instances where the parties fail to concur on rent increases, the initiation of a rent determination lawsuit becomes a viable recourse. The statutory framework governing rent determination under the Turkish Code of Obligations (the “TCO”) encompasses all leases pertaining to both residential and roofed commercial properties. Pursuant to the…

The United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the Singapore Mediation Convention, (”Convention”) which regulates the enforceability of settlement agreements that resolve international commercial disputes through mediation, was adopted by the United Nations General Assembly on 20 December 2018 and signed by Turkiye on…