Is it legally allowed to agree the payment of interests when executing a donation agreement?

by Antonio Cervantes | Feb 17, 2023 | Compliance, Corporativo

ENGLISH VERSION Introduction: Two people entered into a donation agreement of movable property, in the agreement the donor determined that the donee should prove to the donor the use of the donated goods for the agreed purpose, otherwise the agreement would be...

Senator submits initiative to amend laws regarding pledge bonds

by Antonio Cervantes | Feb 14, 2023 | Compliance, Corporativo

ENGLISH VERSION On February 8, 2023, Senator José Narro Céspedes, member of the Parliamentary Group of the National Regeneration Movement Party, submitted an initiative to amend the General Law of Negotiable Instruments and Credit Transactions as well as the General...

The Mexican Competition Commission raises concerns on the initiative to amend the aviation regulatory framework proposed by Mexico’s president

by Antonio Cervantes | Feb 10, 2023 | Compliance, Corporativo

ENGLISH VERSION Airlines’ officers, deputies, public servants and representatives of aviation and airport organizations met at the offices of the Chamber of Deputies to discuss Mexico’s president initiative to amend the Airports Law and the Civil...

Mexican tribunal confirms what the correct proceeding is to demand the rendering of account from a company’s sole administrator

by Antonio Cervantes | Feb 7, 2023 | Compliance, Corporate, Corporativo, Sociedades

ENGLISH VERSION A Federal Court shed light by deciding that the proper proceeding to sue a stock company’s sole administrator to render accounts is by filing a commercial ordinary legal action as oppossed to a civil summary proceeding. The latter was the action...

What happens when a spin-off of commercial companies is used as a strategy to avoid paying creditors?

by Antonio Cervantes | Jan 3, 2023 | Compliance, Corporativo

ENGLISH VERSION Introduction The spin-off of an entity (original corporation being spun-off from) involves the division of its corporate patrimony by contributing its liabilities, assets, and capital stock in two or more parts, to other emerging entities. When the...