Business case
Our client, a major European car manufacturer, decided to terminate an import and distribution contract it had for more than 20 years with a Turkish car dealer following significant payment problems. Considering the termination to be sudden and unfounded, the Turkish car dealer initiated legal proceedings to obtain compensation for the alleged damage.
Such a dispute case necessitates a deep understanding of the financial circumstances in which both parties operate. In this specific case, the Turkish car dealer faced severe financial issues, meaning that the contract termination did not cause any damage to it; rather, it prevented the dealer from incurring further losses.
We were appointed as financial expert in the dispute by the manufacturer.