Turkey  |  International Law

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12/03/09, 1:11 pm

Legal Question


We want to cancel a contract about an event with no penalty but unfortunately there is a clause in the contract stating that "if there is any cancellation total sum shall be paid" . But we have 10 months for the event.Is there any option to avoid penalty in this case? I think that since we have a lot of time it could be possible to cancel since other party is not taking harm at this stage.

Contract is signed in Switzerland and we aare a Turkish company,contract was in English.


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