COVID-19 raises many questions concerning the contractual effects of this event, especially in aspects related to force majeure. This document answers some of these questions.
By declaring a state of alarm, the Government has given itself extraordinary powers to stop the COVID-19 epidemic.
The main extraordinary measures of a corporate and insolvency-related nature regulated in Part V of the Royal Decree-law on urgent extraordinary measures to deal with the economic and social impact of COVID-19 are summarised herein.
Characterising coronavirus contagion or quarantine as an accident at work ensures greater and faster financial protection for workers and companies, but is not exempt from application problems.