Complexities of the interim period of a stock purchase agreement within the framework of COVID-19

Abstract

This paper addresses those contractual situations that were left out of the contractual agreement, in the face of unforeseen circumstances such as the pandemic caused by the COVID-19 outbreak and the resulting state of emergency declared in Peru. The analysis is carried out within the framework of a stock purchase agreement, where the asset for sale consists of an underlying asset whose value depends on its good state of preservation during the pandemic: the shares of an operating company. Thus, this article reviews those tools available in civil law to address the complexities presented by a stock purchase agreement during the interim period between its execution and closing date.