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

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...
If a judge decides that the interest rate agreed on a loan is excessive, what happens with the interests already paid?

If a judge decides that the interest rate agreed on a loan is excessive, what happens with the interests already paid?

by Antonio Cervantes | Dec 28, 2022 | Compliance, Corporativo

ENGLISH VERSION Facts The First Chamber of the Supreme Court of Justice of the Nation (“First Chamber”) decided on different criteria of Collegiate Circuit Courts whether the reduction to the interest rate shall have retroactive effects on the interest already paid....
A legislative initiative to reform the General Corporations and Partnerships Law was submitted.

A legislative initiative to reform the General Corporations and Partnerships Law was submitted.

by Antonio Cervantes | Dec 27, 2022 | Corporativo, Regulatorio y Cumplimiento

ENGLISH VERSION An initiative was submitted to the Mexican House of Representatives to reform articles 185, 232, 236 and 238 of the General Corporations and Partnerships Law (hereinafter the “Law”) by congress woman Esther Berenice Martínez Díaz, member of...
A legislative initiative to provide electronic contracts with more evidential weight was submitted

A legislative initiative to provide electronic contracts with more evidential weight was submitted

by Antonio Cervantes | Dec 26, 2022 | Compliance, Contratos, Corporativo

ENGLISH VERSION Globalization and technological progress have allowed the execution of agreements through means other than the traditional ones. The execution of agreements by electronic means is one of the main tools to effectively execute commercial agreements,...
Official Mexican Standard on Vehicle physical-mechanical conditions is cancelled

Official Mexican Standard on Vehicle physical-mechanical conditions is cancelled

by Antonio Cervantes | Nov 25, 2022 | Compliance, Corporativo

ENGLISH VERSION On November 15, 2022 the Official Mexican Standard NOM-236-SE-2021 Vehicles- Physical-mechanical conditions of vehicles with a gross vehicle weight not exceeding 3,857 kg (“NOM”) was cancelled as per publication in the Federal Official...
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Recent Posts

  • What happens when a spin-off of commercial companies is used as a strategy to avoid paying creditors?
  • If a judge decides that the interest rate agreed on a loan is excessive, what happens with the interests already paid?
  • A legislative initiative to reform the General Corporations and Partnerships Law was submitted.
  • A legislative initiative to provide electronic contracts with more evidential weight was submitted
  • Is the fingerprint proper evidence to express the will of a contracting party in real estate sale ?

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