Commercial Receivable and Compensation Lawsuits Resolved in 8 Weeks

Before filing a lawsuit in commercial cases concerning claims for payment of a sum of money and compensation, recourse to mediation shall be a ground for the action. According to the law on the subscription agreement published in today's edition of Resmi Gazete, effective 1 January, mediation shall be a prerequisite for litigation in commercial disputes concerning claims for payment and compensation. With mediation becoming mandatory in commercial cases, Avdagiç, noting that the workload of the judiciary will decrease, said: "As İTOTAM, we will conclude claims for payment of a sum of money and compensation claims within a maximum of 8 weeks as required by law." Avdagiç stated: "Just as in labour-employer disputes, with mediation becoming a prerequisite in commercial cases as well, we can achieve reconciliation within society in a much better manner. The mediation institution, in addition to increasing the effectiveness of alternative dispute resolution methods, will also conclude disputes in accordance with the parties' intentions. As İTO Arbitration and Mediation Centre, we are ready to provide mandatory mediation services in commercial disputes in the most effective and reliable manner with a specialist team that has worked in this field for years," he said. İTO