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Federal Court issues new decision on the duty to notify the attorneys-in-fact about the revocation of their authority.

Federal Court issues new decision on the duty to notify the attorneys-in-fact about the revocation of their authority.

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...
Mexico’s Supreme Court renders judgment on the types of sections in commercial agreements that are null and void.

Mexico’s Supreme Court renders judgment on the types of sections in commercial agreements that are null and void.

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...
Mexican Court determines the effects of inserting a condition in promissory notes

Mexican Court determines the effects of inserting a condition in promissory notes

by José Antonio Cervantes Acosta | Feb 28, 2023 | Corporativo

Introduction A promissory note is an executory instrument regulated by the General Negotiable Instruments and Credit Transactions, which establishes the mandatory requirements that said document must contain: I.- The mention of being a promissory note, inserted in the...

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