Closing the Gap: How to Avoid Costly Litigation in High-Stake Credit.

Closing the Gap: How to Avoid Costly Litigation in High-Stake Credit.

Some companies granting high-value credit rely on the fact that, by being secured through non-possessory pledges or guaranty trusts, they will face fewer difficulties in recovering their investment in the event of a debtor’s default. On the other hand, if the...
Cross-Border Contractual Shielding: Why foreign law does not secure immunity in Mexico.

Cross-Border Contractual Shielding: Why foreign law does not secure immunity in Mexico.

Some companies with cross-border businesses still assume that by choosing foreign laws to govern agreements that have effects in Mexico, they will obtain greater legal certainty. This is because they assume that a Mexican judge will apply the agreement literally when...
The false certainty of choosing a foreign governing law in contracts with effects in Mexico.

The false certainty of choosing a foreign governing law in contracts with effects in Mexico.

When a company operates commercially in Mexico, the question often arises as to whether it is less risky to choose a governing law other than Mexican law for the interpretation of its contracts. This decision is usually based on an assumption that is not always...