10/9/2024
One of the primary reasons for preferring arbitration is the enforceability of arbitral awards, which are generally supported by many countries that are parties to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “Convention”). However, since the Convention mainly addresses the enforcement of final awards, the enforcement of interim measures issued by arbitrators remains a more contentious issue. Indeed, Türkiye is also among the jurisdictions where there are challenges and uncertainties regarding the enforcement of interim measures.