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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...
Consequences of lying to your insurer under Mexican law

Consequences of lying to your insurer under Mexican law

by José Antonio Cervantes Acosta | 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”)...

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