XXXIX, No 4, 22/02/2021

U.S. sanctions force Turkish courts to wrestle with force majeure

Covid-19 has forced contractors and buyers around the world to take another look at their contracts. In April last year, Turkey recognised the epidemic as grounds for contractors delaying deliveries. Suppliers could apply for extensions of four to five months to their delivery times. Now, though, contractors in Turkey are facing a new kind of force majeure: the effect of sanctions—and this time, Turkey might not be so forgiving…