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the opportunity to enter into other possibly advantageous contracts due

to reliance on the validity of the rescinded contract constitute another

example negative damages and that it shall also be compensated.

Conclusion

Pursuant to the Turkish Code of Obligations No. 6098, where the

obligor is in default in a synallagmatic contract, the creditor shall have

optional rights. These optional rights include the ability to claim the

specific performance of the obligation together with compensation for

delay, compensation for positive damages incurred by waiving specif-

ic performance and compensation for negative damages as a result of

rescinding the contract. The compensation of positive damages aims at

protecting the creditor’s interest in the performance of the obligation in

compliance with the contract, while the aim of compensating negative

damages is to protect the creditor’s reliance on the validity of the con-

tract.

LAW OF OBLIGATIONS

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