by José Antonio Cervantes Acosta | May 7, 2025 | Amendment, Corporate Law
On March 26, 2024, a decree was published in the Mexico’s Federal Official Gazette that amends the General Negotiable Instruments and Credit Operations Law (“LGTOC”), as well as the Law on Organizations and Auxiliary Credit Activities (“LOAAC”), with the purpose...
by José Antonio Cervantes Acosta | Feb 12, 2024 | Commercial law, Federal Court, Revocation
On January 12,2024, it was published a decision on the importance to notify the attorneys-in-fact on the revocation of their authority. In the matter at hand, a court agreement that put and end to a trial was signed by one of the party’s attorney-in-fact, yet it was...
by José Antonio Cervantes Acosta | Jan 5, 2024 | Commercial law, Contracts, Jurisprudence
The First Chamber of Mexico’s Supreme Court (the “Court”) issued a decision by which it clarified the limits to the freedom of contract principle in a supply agreement. A supply agreement entails the periodic delivery of goods by a supplier to a client, in exchange of...
by José Antonio Cervantes Acosta | Nov 29, 2022 | Corporativo, Regulatorio y Cumplimiento
ENGLISH VERSION Initiative As a result of the cancellation of the Program for Sustainable Regional Tourism Development and Magical Towns (“PRODEMÁGICO” by its abbreviation in Spanish) in accordance with the 2019 National Expense Budget an Executive Order...