Abstract

Arbitration has been the most frequent method of dispute resolution in the international arena. Therefore, it is an important part of international transactions to enforce decisions taken in one jurisdiction in another country were the practical result is actually effective. However, in Turkey like in most of the countries, a foreign award must be acknowledged by local courts in order to obtain the "exequatur" of such decision. Usually, the courts would evaluate only formal aspects to ensure that a local resident had the chance to present a proper defense according to a "due process of ...