19) Model Clause Snippets (Plain English → Turkish Law Ready) Hardship (TCO 138-aligned):“The Parties acknowledge that extraordinary, unforeseeable events that fundamentally disturb the contractual equilibrium may entitle the affected party to seek adaptation in good faith. Failing agreement within 30 days of a written request, the affected party may apply to court for adaptation or […]
Risk Management in Commercial Contracts with Foreign Companies In today’s globalized trade environment, Turkish companies increasingly engage in various commercial relationships with foreign entities, such as supply of goods and services, partnerships, distributorship agreements, and licensing contracts. However, as these relationships bring together different legal systems, commercial practices, and judicial approaches, it is crucial that […]
Introduction Foreign athletes significantly contribute to the competitiveness and global appeal of Turkish sports. However, their integration into Turkish sports clubs often comes with complex contractual arrangements. Disputes arising from these agreements highlight the legal challenges foreign athletes face in Turkey, particularly concerning employment terms, wages, and contractual stability. This article explores the key legal […]
Introduction Foreign companies operating in Turkey engage in various types of contracts with government authorities, which are critical for sectors like infrastructure, energy, technology, and public services. These agreements can be subject to complex legal frameworks, considering both local regulations and international standards. This article explores the types of contracts entered into between foreign companies […]
Termination is ending the employment connection between an employee and an employer under Turkish labor law. When an employee decides to leave a position, they may resign. On the other side, the employer has the right to fire the worker if the circumstances and legal processes are met. The notification requirements for termination must be […]
What Is a Contract? A legally binding agreement outlining the terms and conditions regulating a particular transaction or a relationship between more than one party is known as a contract. Contracts are used to define the parties’ respective rights, duties, and expectations in a variety of economic and personal contexts. They act as a check […]