The COVID-19 It has caused unprecedented challenges on a global and personal scale. The effects of COVID-19 on contracts is a tedious and difficult subject to cover. The team of lawyers and economists at Guerra Bermúdez Abogados are here to guide and advise in these moments of uncertainty.
In Guerra Bermúdez, we were pioneers in the first moments of the pandemic in announcing that the “rebus sic stantibus” doctrine could be a valuable tool to safeguard long-term contracts of successive tract, and we were not wrong, in fact, in this At the moment, many law firms struggle to modify clauses in contracts.
Effects of COVID-19 in the workplace
In our office, at this time, we want to go one step further and we want to explore comprehensive advice that allows both natural and legal persons to weather the storm that COVID-19 has caused in our country.
No one questions the havoc that this pandemic has generated, therefore, at this time, multidisciplinary teams are required to respond to individuals and companies, and at Guerra Bermúdez Abogados we are determined to provide solutions to the problems created by the coronavirus.
That’s right, from a legal point of view, the Guerra Bermúdez Abogados team is working so that both individuals and companies can have effective solutions that mitigate, lessen or even cancel the supervening circumstances generated by the coronavirus.
We face different types of problems, all with different answers, we help companies in ERTES and ERES procedures, as well as in the tender application and declaration procedures, we also offer our advisory services within the scope of the Second Chance Law.
We offer answers to the impossibility of facing the payment of debts. Indeed, a significant number of debtors cannot afford to pay their debts. At Guerra Bermudez Abogados we provide personalized attention and value the different legal options that we have at our disposal.
Similarly, contractual breaches are on the rise due to the impossibility of contracting parties to comply with their obligations, already in April, in the Webinar of the Madrid Distance University we analyzed the doctrine “Rebus sic stantibus” and offered possible alternatives to breach of contract.
There is no doubt that the financial sector has been one of those that has suffered the most from the effects of COVID 19. That is why we offer comprehensive advice to all those who have suffered losses in their investments, especially investors without the appropriate profile to acquire certain products such as CFDs, or ETFs.
Finally, we are aware that the forced closure of establishments or openings with reduced capacity is a necessary measure but that has caused serious economic consequences to tenants, who have seen, and continue to see, how their billing is reduced while they are forced to the payment of the entire rent. We are aware that a rent reduction depends exclusively on the landlord, as well as the goodwill of the parties who must agree for the negotiation to come to fruition. However, in the cases in which the landlord opposes making an adjustment in the rent and the tenant cannot pay the rent, an option to take into account is the “rebus sic stantibus” doctrine.
At Guerra Bermúdez Abogados we have specialists in Civil Law, Criminal Law , Labor Law and Commercial Law that can help you. You can contact us by filling out our contact form or by calling 91 308 86 41.