The Arbitration Agreement Symposium organized by Galatasaray University Faculty of Law was held on 10 May 2019 at Galatasaray University Ortaköy Campus.
Academicians and students showed great interest in the conference where the arbitration agreements in international commercial law and international investment disputes were discussed from various aspects.
In the symposium, Fatih Işık, the Founding Partner of Işık & Partners Law Firm, delivered a presentation on “Authority to Enter into Arbitration Agreement – Specific Authority Requirement for the Agents”.
In his speech, Mr. Işık addressed the specific authority requirement for a representative to conclude arbitration agreement on behalf of the principal. Being one of the most controversial issues in international commercial arbitration practice in Turkey, Mr. Işık elaborated on the Turkish law provisions comparing them with the international practice. He also clarified the law applicable to the specific authority requirement mentioning relevant international arbitration awards and domestic court decisions.