Subscribing for stock shares is not the same as paying for them: a consequence many companies in Mexico discover too late

Subscribing for stock shares is not the same as paying for them: a consequence many companies in Mexico discover too late

A company admitted a new shareholder through a capital stock increase, received a promissory note as a guarantee for payment of the issued stock shares, and believed that with that it was in compliance. The Supreme Court of Mexico (the Court) confirmed that it was...
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...