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Informative note on the declaration of the state of alarm

Posted on 19/3/2020

"The declaration of the state of alarm in Spain, and the correlatives that have been declared and will undoubtedly be declared in the rest of Europe and other affected countries in the world, represents an extraordinary alteration, an exorbitant and unpredictable disproportion in relation to relations commercial of all kinds that can, if not must, lead to adapt or terminate existing contracts. And all this by the general principle of law "rebus sic stantibus".
Consequently, and among many other obligations contracted, our Office advise to communicate the situation to all its suppliers, also financial, the conditions that have occurred and with it the suspension of payment of their regular obligations.
If you need us to assist you, do not hesitate to contact us on the usual telephone numbers and emails.

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