Guden Law Firm Advises BDY as to Whether Covid-19 Crisis Qualifies as Force Majeure

Guden Law Firm Advises BDY as to Whether Covid-19 Crisis Qualifies as Force Majeure

Turkey
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The Guden Law Firm has advised Turkish petroleum exporter BDY Group Yatirim A.S. on questions related to the impact of the growing COVID-19 crisis on their company's master sale and purchase agreements.

According to the Guden Law Firm, "as petrol prices are falling," Founding Partner Ali Guden and Associate Dilara Nihal Tunc, "examined whether price changes in petroleum due to the COVID-19 outbreak can be considered to be force majeure under [BDY's] contracts."