Due to the devastating spread of the COVID-19 virus, on March 15 the Spanish prime minister announced the state of emergency (“estado de alarma”). Subsequently, on March 17 a decree was passed, establishing certain measures on how to deal with…
As we are globally going through harsh times caused by the pandemic of Covid-19; disruptions in supply chains along with many other factors are leading to rapid and drastic changes in the economies. Therefore, providing a protection in case of…
In our legal practice we have seen a rise of questions on Force Majeure due to the COVID -19 situation, both from a supplier as from a buyer perspective. Can one simply invoke Force Majeure and discard its contractual obligations?…
