AMENDMENT CONCERNING ELECTRONIC NEGOTIABLE INSTRUMENTS
On March 26, 2024, a Decree was published in the Federal Official Gazette amending, adding and repealing several provisions of the Mexican General Law of Negotiable Instruments and Credit Transactions (“LGTOC”, as per its acronym in Spanish) and the Mexican General Law of Credit Organizations and Auxiliary Activities (“LGOAAC”, as per its acronym in Spanish), […]
RESOLUTIONS OF BOARDS OF DIRECTORS AND SHAREHOLDERS MEETINGS BY TELEMATIC MEANS
AMENDMENTS AND ADDITIONS TO SEVERAL PROVISIONS OF THE GENERAL LAW OF COMMERCIAL COMPANIES. The SARS-CoV-2 pandemic forced institutions to adapt to new working modalities in order to remain active after the cessation of face- to-face activities. Thanks to technological advances, this process has been facilitated and managed efficiently. Taking this into consideration, since February 2021, […]
NEW MEXICAN OFFICIAL STANDARD FOR TELEWORKING
On June 8th, 2023, it was published in the Official Gazetteof the Federation the NOM-037-STPS-2023, Telework- Conditions of Safety and Health at Work (the “NOM- 037“), issued by the Ministry of Labor and Social Prevention, the purpose of which is establishing the minimum conditions to which all labor relationships based on Telework must be subject […]
CONTRACTUAL ASPECTS TO CONSIDER IN THE FACE OF THE HEALTH EMERGENCY AND ITS IMPACTS ON THE ECONOMY
The Coronavirus (COVID-19) pandemic declared by the World Health Organization and the force health emergency due to force majeure declared by the government of Mexico, with the corresponding measures imposed by both government authorities and the private sector, generates various consequences and effects that will result in effects for the economy and companies. such as […]
10 YEARS OF THE FEDERAL LAW ON THE PROTECTION OF PERSONAL DATA IN POSSESSION OF PRIVATE PARTIES
This year, the Federal Law on the Protection of Personal Data in Possession of Private Parties (the “Data Protection Law“) completed a decade of effectiveness in our country. The main objective of said Law is to protect the personal data3 of individuals (the “Data Subjects“) and to regulate the processing thereof, thereby guaranteeing the right […]
ENTRY INTO FORCE OF THE FREE TRADE AGREEMENT MEXICO – UNITED STATES – CANADA
On July 1 , 2020, the new Mexico-United States-Canada Free Trade Agreement (“TMEC”, known as USMCA in the United States of America and CUSMA in Canada) entered into force and effect, replacing the North American Free Trade Agreement (NAFTA). While the TMEC maintains the legal structure of NAFTA, some chapters have been added incorporating new […]