ISG Law & Consultancy

Contract Law

Contracts consist of rules that regulate the relationships of subjects with each other in a certain context in commercial and social life, in line with the mutual and compatible will of the parties. Contracts can address numerous issues, from rents to licenses, or company partnerships to confidentiality obligations. In Turkish law, contracts are generally regulated in the Turkish Code of Obligations No.6098. However, special situations have been covered under lex specialis.

Every stage in the life cycle of a contract, from the pre-negotiation steps to the termination of the contractual relationship, should be handled meticulously. Before drafting the contract text, it is important to determine the legal nature of the relationship desired to be established between the parties. Following that, to fulfil the legally required elements under related law and to determine the optimum conditions through negotiations for discretionary matters are to come.

Legal certainty forms the basis for building a predictable contract process. To ensure legal certainty, setting down the rights and obligations of each party within the legal framework and, in case of a dispute, setting forth the issues regarding the resolution of the dispute in a contract have great importance. In this way, it is possible to obtain the expected benefit from the contractual relationship by ensuring the rights of both parties.

ISG Law & Consultancy provides legal consultancy and attorney services to companies and individual clients on all matters related to contract law. In particular, the contractual relations of Turkey-based companies in Turkish or international markets and the contractual relations of international companies in Turkey or related to Turkish law are within the scope of its practice. It provides legal services for resolving contract disputes through friendly initiatives or before mediation, arbitration, or courts.