The program El Faro de 8 TV has interviewed the counselor of tomarial Javier Orduña as a legal expert on the rebus clause and to explain its application in the case of companies affected by the DANA. Professor of Civil Law at the University of Valencia and former Supreme Court judge, Javier Orduña In his interview with Luis Motes, he explains how companies affected by the DANA are entitled to review their contracts in the event of an unforeseen situation with such serious consequences.
The 'rebus sic stantibus' clause means that a contract is maintained as long as the conditions and circumstances under which it was initially agreed are maintained. An exceptional situation such as DANA justifies adjusting the contracts between the parties, as the conditions under which the agreement was concluded have been drastically transformed. Javier Orduña explains how this can help businesses get through this difficult time.
Access the full interview here:
