Global Enforcement And Asset Recovery Series: Recognition And Enforcement Of Judgments And Arbitral Awards

Getting a judgment or award does not automatically mean getting paid. Particularly where judgment or award debtors are in less familiar jurisdictions, there can be a strong incentive to delay or avoid payment. From the perspective of the debtor, there is little difference between being in default under a contract and being in default under a judgment or award. In such cases, obtaining judgment is simply the first step toward recovery. It is critical, […]

By | Jan 23, 2025 ||

How Saudi Arabia’s Revised Arbitration Rules Will Help Mega-projects

As part of our series on the legal issues of operating abroad, we look at how the SCCA Rules 2023 will ensure a more compliant legal process, smoothing the way on Saudi’s increasing mega-projects.

The Saudi Center for Commercial Arbitration’s (SCCA) 2023 Arbitration Rules will help mitigate construction disputes in Saudi Arabia amid the country’s Vision 2030 announcements and the issues that contractors will face with the scale of Saudi Arabia’s construction projects. These rules are compliant with global best practice, […]

By | Jan 21, 2025 ||

Monetary Limits For Consumer Arbitration Committee Has Been Updated

Within the scope of Law No. 6502, the monetary limits applicable to consumer disputes have been revised and increased in accordance with the revaluation rate. These adjustments have been published in the Official Gazette to take effect as of 2025.

The Communiqué updates the monetary limits to be applied for 2025 in line with the revaluation rate of 43.93% set for 2024. Accordingly, disputes with a value below 149,000 TRY fall under the jurisdiction of […]

By | Jan 19, 2025 ||