Source: Baker McKenzie On 13 November 2024, the Chamber of Deputies approved the reform to the second paragraph of Article 19 of the Mexican Constitution, regarding mandatory pre-trial
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
Complex Commercial Litigation in MexicoComplex Commercial Litigation in Mexico
On September 2024, a constitutional reform introduced structural changes to the federal judicial power, mainly: renewal of federal judges: the nine Supreme Court justices and all circuit magistrates and federal
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
Recent Legislative Reform Initiatives on Labour Matters in MexicoRecent Legislative Reform Initiatives on Labour Matters in Mexico
Source: L&E Global The incoming government, committed to maintaining leftist policies, aims to implement an extensive set of reforms designed to strengthen labour rights, improve working conditions, and enhance
Mexico’s Supreme Court of Justice Clarifies Limits on General Powers of AttorneyMexico’s Supreme Court of Justice Clarifies Limits on General Powers of Attorney
Source: Holland & Knight This Ruling Resolves Conflicting Precedents Regarding Powers for Acts of Management as well as Litigation and Collections Highlights The First Chamber of Mexico’s Supreme
Breach of contract claims in MexicoBreach of contract claims in Mexico
Source: Martinez Algaba de Haro y Curiel Federal civil law regulates the fulfilment of contractual obligations, as there is no special commercial regulation on this matter; therefore, the breach
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
Contract formation in MexicoContract formation in Mexico
Source: Martínez Algaba de Haro y Curiel Contract formation Mexican Commercial Law does not specifically define the concept of ‘commercial contract’ or ‘commercial obligation’, nor elaborates on the
Mexico Increases the Minimum WageMexico Increases the Minimum Wage
Source: Littler Mendelson PC December 1, 2023, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase the general minimum wage to $248.93 pesos per