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CONTRACT LAW | TURKEY
APRIL 2020
 

EFFECTS OF CORONAVIRUS ON CONTRACTS UNDER TURKISH LAW

Besides its impact on human health and life, the COVID-19 outbreak has significantly impacted business and legal transactions and caused many individuals and companies to fail to fulfil their contractual obligations, underperform or have performance difficulties. As such, the sustainability of contractual relationships currently in force and their performance has recently become an issue. The effects of the pandemic on contracts can be assessed in light of the general concepts set forth under the Turkish Code of Obligations No. 6098 (the "Turkish Code of Obligations") such as debtor's default, defect liability, impossibility to perform and hardship.

In this Client Alert, our general analysis will focus on legal remedies that could be triggered in case contracts are affected by pandemic or similar extraordinary events and, especially as regards the impact of COVID-19, the implementation of Article 136 (impossibility to perform) and Article 138 (hardship) of the Turkish Code of Obligations. We also aim to address the new legislative measures taken by the Turkish government to lighten certain contractual obligations in light of the current extraordinary circumstances.

Click here to read more and download the full Client Alert.

 
CONTACTS

ARPAT ŞENOCAK

Partner
T +90 (212) 385 29 56

senocak@odsavukatlik.com

    PINAR VEZİROĞLU DİLEK

    Associate
   
T +90 (212) 385 29 63
    
veziroglu@odsavukatlik.com

MEHMET KÖSOĞLU

Associate
T +90 (212) 385 29 77

kosoglu@odsavukatlik.com

    İKLİM GÜLSÜN AYTEKİN

    Associate
   
T +90 (212) 385 29 71
    
aytekin@odsavukatlik.com