by Antonio Cervantes | 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 Antonio Cervantes | 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 Antonio Cervantes | Oct 24, 2023 | Compliance, Contracts, Corporate, Regulatory and Compliance
Through the execution of a contract two or more persons create or transfer rights and obligations, [1] however, there is a risk that one of the parties or even both will breach the agreement. Nonperformance is the failure to comply with contractual obligations...
by Antonio Cervantes | Oct 11, 2023 | Compliance, Corporate, Regulatory and Compliance
Background In a purchase and sale agreement one party undertakes to transfer goods or property, and the other party agrees to pay a specified price for them. [1] When the sale and purchase contract is business-oriented, it is regarded as a commercial purchase and sale...
by Antonio Cervantes | Nov 18, 2022 | Corporativo
ENGLISH VERSION Mexican legal entities have the obligation to open corporates books and records and keep them updated. These books consist of the shareholders’ meetings minutes book, stock registry book or special partners’ book and the capital variations...
