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Circumstances for Revision of Agreements Due to COVID -19

Hosted by the Consul of the Istanbul Making Connections Group
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Took place 1 month ago
Sun 12 Apr 14:30 - 15:30

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Dear Members and fellow colleagues;
While all countries have been adopting various measures to combat the spread of COVID-19, the pandemic’s effects have inevitably intensified. The virus’s ongoing spread has become one of the biggest threats to global economy and financial markets.

Turkey also suspended flights to and from abroad and closed the country’s borders, and many public and private places including schools, universities, kindergartens, day-care centers, restaurants, cinemas and theaters are also closed.

According to the Turkish Cassation Court’s ( Supreme Court of Appeal ) precedent, parties’ contractual obligations arising from lease contracts may be suspended until the circumstances causing the impossibility are eliminated.
In this presentation ( zoom video conferancing ) Mr Atamay Aydın, Lawyer and l will touch upon the pandemic related precautions’ impacts on international commercial contracts and commercial leases.( Rent Contrats)
Please note that 30 mins presentation and Protected content the participants shall ask questions the end of session which would take one hour. You may share your experinces and your own current situations

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