Mexico City
NPLs: Portfolio deals will increase due to COVID-19
In the wave of the COVID-19 pandemic, there has been a significant increase in debt held by both consumers and companies. Over the coming years, we expect to see a large number of debt and distressed asset deals. In this viewpoint, Garrigues…
Pension and retirement funds in Latin America: new and existing rules
Pension fund regulations may be an incentive or deterrent when considering establishing operations in a country. This is why it is important to understand the new rules and situation of current legislation on the subject in various jurisdictions.…
The Energy Regulatory Commission has declared the resumption of all deadlines and legal terms
The Energy Regulatory Commission published this Monday in the Federal Official Gazette the "Agreement by which all deadlines and legal terms that were suspended as a measure to prevent and combat the spread of the coronavirus COVID-19 by means of…
How are indirect sales of companies taxed in Latin American countries?
The taxation of the so-called “indirect sales” is a huge challenge for companies operating in more than one country.
Mexico has a new Federal Law for the Protection of Industrial Property and has amended the Federal Copyrights Law
On July 1st, 2020, a new Federal Law for the Protection of Industrial Property (Ley Federal de Protección a la Propiedad Industrial) (the New IP Law) was published in the Official Gazette of the Federation, repealing the former Industrial Property…
Mexico: Communication applications used to provide medical services must respect data protection
Given the current situation with the global pandemic of COVID-19, the number of health professionals who offer their services through different types of applications and remote means of communication has increased, which could involve the collection…
The Mexican Ministry of Energy publishes a new public policy that changes the rules of the game for wind and photovoltaic power plants
On May 15, the Ministry of Energy of Mexico (SENER) published in the evening edition of the Official Gazette of the Federation an executive order issuing the new Policy towards the Reliability, Safety, Continuity and Quality of the National Electric…
COVID-19: The General Health Council declares construction activities as essential
The Ministry of Health published in the Federal Official Gazette a resolution implementing the decision of the General Health Council that classifies as “essential” construction related activities. (the “Resolution”).
COVID-19: Possible legal actions regarding the measures set forth by ruling of the National Center for Energy Control due to the health contingency
Under the argument that the Covid19 outbreak has resulted in the reduction of electric energy consumption by end users in Mexico and, therefore, the reliability of power supply should be strengthened, the National Center for Energy Control (CENACE)…
COVID-19: The National Centre for Energy Control has ordered certain measures to ensure efficiency and continuity of the National Electric System
Based on the argument that the pandemic has cause a reduction of electricity consumption by end users and thus additional measures have to be taken in order to guarantee the efficiency, quality, reliability, continuity and safety of the National…
The effects of COVID-19 on international arbitration in Latin America
International arbitrations are not associated with any particular jurisdiction, and in Latin America and elsewhere, most arbitral institutions keep handling arbitral proceedings and enabling them to continue, despite COVID-19, by using available…
Amendments to the Law of Dumping in Mexican Marine Zone
The Official Gazette of the Federation has published, on April 13, 2020, the decree amending various provisions of the Law on Dumping in Mexican Marine Areas.