COVID-19 and interim relief for stay of enforcement of bank guarantees

Victoria García Verón, Álvaro López de Argumedo.

2020 Investment Arbitration Outlook Uría Menéndez, n.º 6

The COVID-19 crisis is having a significant impact on the construction sector, with many contractors unable to comply with their contractual obligations in a timely fashion. Given the exceptional nature of the COVID-19 pandemic and the actions taken to prevent its spread and effects, both of which underpin the declaration of a state of emergency in several countries, the resulting situation could legitimately be classed as a force majeure event or warrant the application of the doctrine.

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Other publications

  • The New York Convention in Latin America

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    Ana Amorín Fernández, Alberto de Unzurrunzaga Rubio, Jana Lamas de Mesa, Álvaro López de Argumedo. In The Guide to International Arbitration in Latin America, 2nd ed. José Astigarraga (Editor). London: Law Business Research, 2023

  • Álvaro López de Argumedo. In Miguel Ángel Fernández-Ballesteros. Liber amicorum, t. II. David Arias (Coordinador). Las Rozas (Madrid): La Ley, 2024

  • Álvaro López de Argumedo. In Manual de fusiones y adquisiciones de empresas. Actualizado al RDL 5/2023, de 28 de junio, 4.ª ed. Rafael Sebastián (Director), Martin Jordano (Coordinador). Las Rozas (Madrid): La Ley-Wolters Kluwer, 2024

  • Ana Amorín Fernández, Linda Guerra, Álvaro López de Argumedo, Jesús Remón. In Encyclopedia of International Commercial Litigation. Simon Bryan QC (Editor), Anthony Colman (Editor). The Netherlands: Kluwer Law International BV, 2023

  • Álvaro López de Argumedo. In Mediación civil y mercantil, t. II. José Carlos Fernández Rozas (Coordinador), Francisco Ruiz Risueño (Coordinador). Valencia: Tirant lo Blanch, 2022