by José Antonio Cervantes Acosta | Dec 30, 2025 | Corporate, Corporate Governance & Complience, Corporate Law
Directors of commercial corporations are regarded as their agents and legal representatives according to articles 10 and 142 of the Mexican General Corporations and Partnerships Law (“GCPL”), and have the authority necessary to perform all those activities listed in...
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 | Oct 31, 2022 | Compliance, Consumer Protection, Regulatory and Compliance
ENGLISH VERSION Mexican air carrier Interjet was ordered by a Mexican court to pay passengers $144,020,781.33 Mexican pesos (around $7.23 US million dollars) after losing a class action filed by the Consumer Protection Agency (“CPA”) for claims received...
