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02 May 2024

Client Alert

THE 2012 LIABILITY LIMITS ARE REAFFIRMED BY THE ADMIRALTY COURT:

In a very recent judgement, the Istanbul 17th Commercial Court (established as the Admiralty Court in Istanbul) with jurisdiction to hear maritime disputes, ruled that the 2012 liability limits in the amendment to the 1996 Protocol to the 1976 Convention on Limitation of Liability in Maritime Claims are in force in Turkey.

Emre ERSOY, Eren ERTÜRK

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corporate, regulation, finance, petroleum, arbitration, istanbul, e-commerce, railway, advance dividends, foreign awards, energy, national markers, letter of guarantee, natural resources, interim dividends

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