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Piercing the Corporate Veil: Identifying the Real Actors Behind Commercial Entities in Mexico

Piercing the Corporate Veil: Identifying the Real Actors Behind Commercial Entities in Mexico

by José Antonio Cervantes Acosta | Jul 18, 2025 | Case law, Corporate Law, Corporativo, SCJN

In a press release, the First Chamber of the Supreme Court of Justice of Mexico confirmed that piercing the corporate veil of a corporate entity will not be permitted when requested as a precautionary remedy. [1] This sheds light on the limitations...
Mexican court determines the form in which consent can be granted in a promissory agreement.

Mexican court determines the form in which consent can be granted in a promissory agreement.

by José Antonio Cervantes Acosta | Sep 29, 2023 | Case law, Contracts, Promissory agreement

Background Through a promissory agreement one or both parties agree to execute within a period of time, a given contract that the parties do not want or may not execute at the moment. It is also known as preliminary agreement, promise of contract, promise to enter...
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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