Construction Law in Focus: Insights on Delay and Prolongation from Istanbul
On November 20, 2024, Diales, Fieldfisher, and Tahan – Cem Attorney Partnership hosted a distinguished roundtable in Istanbul, exploring critical issues related to delay and prolongation in construction and engineering projects.
The event brought together a panel of esteemed experts, including Çağrı Cem and Prof. Dr. Tolga Ayoğlu (Tahan – Cem Attorney Partnership), Mustafa Gün and Yunus Emre Taş (Diales), and Dan Preston and Mehmet Baysan (Fieldfisher).
The discussions focused on:
- ▪️ The concept of delay and compliance with Extension of Time (EoT) mechanisms, including conditions precedent and contractual requirements, with comparisons between Civil and Common law approaches.
- ▪️ Quantification of delays, examining common methodologies, and the application of penalties or liquidated damages (LDs).
- ▪️ The concept of prolongation and its distinctions from other claims, such as disruption or acceleration.
- ▪️ Quantifying prolongation using value- or cost-based methods and analyzing the impact of concurrent delays.
Diales, a consultancy firm specializing in delay analysis and quantum expertise, provided practical insights into complex construction disputes.
Fieldfisher, with its extensive experience in international arbitration and construction law, enriched the discussion with global perspectives.
Tahan – Cem Attorney Partnership, an Istanbul-based law firm with a focus on construction and engineering disputes, hosted the event, reinforcing its position as an important player in the region.
With over 40 senior attendees from the construction sector, the session was marked by insightful exchanges and active audience participation, making it a resounding success. Guests appreciated the engaging discussions and the opportunity to network with leading professionals in the field.
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