Trump Towers, Ofis Kule:2 Kat:18, No:12, Sisli, Istanbul, Turkey

Layoff Restriction Proposed to be Extended in Turkey

In order to reduce COVID-19 pandemic’s adverse effects, some measures have been taken regarding social and economic life in Turkey. With the Proposed Law Amending the Law on Unemployment Insurance and Several Acts (“Proposed Law”) amendments to various laws are introduced including extension of employer’s termination restriction and short time working allowance periods.

ICC Force Majeure and Hardship Clauses 2020 in the Wake of COVID-19

To respond the struggles experienced by the businesses in terms of contractual liabilities in the wake of COVID-19, International Chambers of Commerce (“ICC”) has updated the 2003 version of its force majeure and hardship clauses. With the recent update dated March 25, 2020, ICC aimed at bringing an equivalence for the parties’ legitimate expectations of performance that impinged due to COVID-19 outbreak.

Kustepe Mahallesi, Mecidiyekoy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Sisli Mecidiyekoy, Istanbul, Turkey

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