by Antonio Cervantes | Sep 29, 2023 | Case law, Contracts, Promissory agreement
Background Through a promissory agreement one or both parties agree to execute within a period of time, a given contract that the parties do not want or may not execute at the moment. It is also known as preliminary agreement, promise of contract, promise to enter...
by Antonio Cervantes | Sep 1, 2023 | Case law, Contracts, Insurance
The good faith principle in insurance contracts In accordance with the Mexican law, an insurance contract has a specific condition to become effective: the good faith of the parties. This is confirmed by article 8 of the Mexican Insurance Contract Act (“ICA”)...
