Snell & Wilmer (JD Supra Mexico)

6 results for Snell & Wilmer (JD Supra Mexico)

  • Outsourcing/Insourcing Reform Bill Proposes Significant Changes for Companies Doing Business in Mexico

    On November 12, 2020, Mexican President Andrés Manuel López Obrador released a draft outsourcing reform bill (the “Proposed Bill”) which would impact both the outsourcing and insourcing of jobs practically across all industries in Mexico. Most notably, the Proposed Bill would: Ban outsourcing or insourcing of personnel by private companies except if (i) the services rendered by the...

  • USMCA: Compliance Considerations for Mexico

    Perhaps two of the most significant constitutional reforms in recent times in Mexico were completed in 2011 and 2015. In principle, the 2011 reforms were aimed to promote, respect and protect, and for the State to guarantee recognized human rights. The 2015 constitutional reforms created the Anticorruption National System, which attempts to combat bribery and abuse of power in Mexico. Both of...

  • COVID-19: Mexico's Phase Two

    In response to the COVID-19 pandemic, on March 24, 2020, the Mexican Government declared that Mexico is on Phase 2 Community Transmission of COVID-19. This means that the virus began to spread internally. In this Phase, the Mexican Government has taken the following actions to prevent the rapid spread of the virus...

  • Financing Real Estate Projects in Los Cabos, Mexico

    The development of real estate projects, including hotels and master planned communities in Los Cabos and other places in Mexico, commonly requires financing by banks and other institutional lenders. This article presents an overview of some key aspects that cross-border lenders should consider when lending and taking security in Mexico.

  • Practical Tips for U.S. Persons Owning Mexican Property Thru a Fideicomiso

    Every time I’m presented with a contract, I’m quickly transported to a small room in which Willy Wonka, played by Gene Wilder, is vehemently scolding the good natured Charlie Bucket and the poor, protective Grandpa Joe: “Under section 37B of the contract signed by him, it states quite clearly that all offers shall become null and void if — and you can read it for yourself in this...

  • Practical Tips for U.S. Persons Owning Mexican Property Thru a Fideicomiso

    Every time I’m presented with a contract, I’m quickly transported to a small room in which Willy Wonka, played by Gene Wilder, is vehemently scolding the good natured Charlie Bucket and the poor, protective Grandpa Joe: “Under section 37B of the contract signed by him, it states quite clearly that all offers shall become null and void if — and you can read it for yourself in this...

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