Cautio Judicatum Solvi- Security Payment under Turkish International Private Law

International Private Law

Article 48

(1) Foreign individuals or legal persons who file a lawsuit, intervene in a lawsuit, or initiate execution proceedings before a Turkish court shall be required to provide a security whose amount shall be determined by the court to cover the expenses of the legal procedures and proceedings as well as losses or damages of the other party.

(2) The court may exempt the plaintiff, intervener, or applicant for execution from providing a security, on a reciprocity basis