Dechert LLP (JD Supra Mexico)
-
Mexico’s Electricity Industry Law Update: Remedies for Foreign Investors
Key Takeaways - The recently published Decree amending Mexico’s Electricity Industry Law is poised to significantly affect foreign companies investing in Mexico’s energy sector.
-
Recent Developments Confirm the Obrador Administration Will Fulfill Its Campaign Promise to Battle Corruption in Mexico
Corruption and bribery have run rampant throughout Mexico for years. However, recent developments and policy changes of the new administration indicate that the days of doing business through bribery and graft are over.
-
Mexico Opens Up Its Energy Industry: The Liberalization of Mexico’s Energy Sector May Lead to New Opportunities for Investors
Mexico’s president, Enrique Peña Nieto, introduced a reform in August 2013, according to which the Mexican state will give up absolute control over the supply of oil, gas and electricity. The relevant bill changing the Mexican constitution came into effect on December 21, 2013, following ratification by the requisite number of state legislatures and leaving the way open for the relevant...
-
Mexico Passes Class Action Legislation
Readers with connections to Mexico may wish to take note that in March, 2012, enabling legislation will take effect permitting class action litigation in this southern neighbor. While Mexico’s Consumer Protection Law had allowed for certain limited collective actions in consumer matters to be brought by the Federal Consumer Protection Agency, this marks a significant change. In April, 2010,...