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CEG LEGAL
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Mexico’s Competition Commission Finds Six Companies for Concentration Failures
Mexico's Competition Commission (the Commission) fined six companies -more than 58 million pesos- dedicated to the sale of gasoline and diesel to consumers for failure to notify two concentrations to the Commission.According to the Mexican law a concentration occurs...
What Aspects Should Be Considered Before Terminating a Commercial Agreement?
Nearly two years after the publication of the landmark case-law [1] decision of Mexico’s Supreme Court, which qualified the principle of free will in commercial matters, also known as freedom to contract, allowing the parties to freely agree upon the terms and...
Payments by Check: A Silent Risk to Corporate Cash Flow
Does your company receive payments by check? If so, you may be exposed to a hidden risk that can freeze your cash flow without the debtor being subject to any sanction. A Federal Court has recently confirmed that a check remains legally valid even if the...
NEW UPDATE FACTOR APPLICABLE TO SIMPLIFIED STOCK COMPANIES
On December 26, an Official Notice was published in Mexico's Federal Official Gazette announcing the adjustment factor applicable to the total annual gross revenues of a Simplified Stock Company (SAS), in accordance with the provisions of Article 260 of the General...
Corporate spin-off: the decisive factor determining its viability
When shareholders, partners, or senior management of a company begin to assess the benefits and challenges of carrying out a spin-off of a company, a variety of questions often arise. Among them, whether the spin-off will meet the objectives set in terms of greater...
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