NEWS & DOCUMENTS

During the performance of a contract, especially long-term contracts, a business may face extraordinary risks arising from natural, social, economic, political, or human factors, which can make the performance of obligations extremely difficult, costly, or even impossible. Not all events that occur qualify as force majeure allowing the disadvantaged party to be exempted from obligations or to terminate the contract. Some events fall under the category of fundamental change of

One of the most significant achievements of the European Union (EU) is the establishment of a unified single market among its 28 member states. The fundamental freedoms within this single market allow businesses and citizens to move and interact freely within a borderless economic union. Trade liberalization and the reduction of barriers among EU member states have generated numerous benefits for the population, including freedom of movement, study, and work abroad. As consum

A dispute can be understood as a conflict or disagreement between parties. Moreover, according to the provisions of the Commercial Law 2005, commercial activities are defined as the activities of buying and selling goods, providing services, and engaging in other business activities for profit. ► Therefore, a commercial dispute refers to conflicts or disagreements regarding rights and interests arising from commercial activities, either between traders or between traders and

Handling a lawsuit on your own may seem like a cost-saving option compared to hiring a lawyer. However, lack of legal knowledge and practical experience can expose you to significant risks, potentially complicating the case and reducing the likelihood of achieving the desired outcome. Below are common mistakes you should be aware of and avoid when managing a lawsuit independently. 1. LACK OF LEGAL KNOWLEDGE One of the most common mistakes when handling a lawsuit independently