Source: L&E Global Mexico is moving forward with a proposed constitutional amendment to reduce the maximum weekly working hours from 48 to 40. The amendment, currently under the congress
Author: Symbiosis Effect
Navigating Trump Tariffs: Impact on Automotive IndustryNavigating Trump Tariffs: Impact on Automotive Industry
Source: Masuda Funai Eifert & Mitchell Ltd Recent developments in U.S. trade policy require businesses to prepare for both immediate cost adjustments and long-term contractual challenges. On February 10,
Release of tax incentives to support the national strategy called «Plan México»Release of tax incentives to support the national strategy called «Plan México»
Source: Basham Ringe y Correa S.C As part of the actions aimed at achieving the objectives outlined in the national strategy known as «Plan México«, recently announced by the
Constitutional amendment on mandatory remand in custody for tax crimes in MexicoConstitutional amendment on mandatory remand in custody for tax crimes in Mexico
Source: Ritch Mueller On December 31st, 2024, the Federal Government published in the Official Federal Gazette a decree amending Article 19 of the Mexican Constitution on mandatory remand
Reform to the Federal Labor Law (“Ley Silla”)Reform to the Federal Labor Law (“Ley Silla”)
Source: Sánchez Devanny Eseverri SC On December 19, 2024, a reform to the Federal Labor Law (“FLL”) was published in the Official Gazette of the Federation (“DOF”) that
Directors’ and officers’ liability for company insolvencies in MexicoDirectors’ and officers’ liability for company insolvencies in Mexico
Source: Martínez Algaba de Haro y Curiel General Legislation What main legislation is applicable to insolvencies and reorganisations? The main legislation applicable to insolvency proceedings is the Commercial
Directors’ Liability in MexicoDirectors’ Liability in Mexico
Source: Müggenburg, Gorches y Peñalosa In accordance with the provisions of the Mexican General Law of Commercial Corporations (Ley General de Sociedades Mercantiles), the directors are responsible for
Bringing civil claims in MexicoBringing civil claims in Mexico
Source: Santamarina y Steta SC Litigation Limitation issues What are the time limits for bringing civil claims? The Mexican civil and commercial codes provide different statutes of limitation
Controlling Beneficiaries – Complying with New Obligations under Mexican LawControlling Beneficiaries – Complying with New Obligations under Mexican Law
Effective January 1, 2022, Mexico joined the list of countries that require companies (including those owed by foreigners), trusts, other legal vehicles, financial institutions and others to gather, maintain,
Commercial contract interpretation in MexicoCommercial contract interpretation in Mexico
Contract interpretation The rules for the interpretation of contracts are contemplated by civil law: the Federal Civil Code. The rules are implicit in all commercial obligations and should be observed