Mexico

News & Analysis as of

U.S. Manufacturing Continues as World Leader

The latest Research Briefing from Oxford Economics claims that the U.S. manufacturing sector is “the most competitive worldwide.” Pretty strong statement there. Reading the news, one would find it hard to believe, so let’s...more

Seventh Circuit Rejects Plaintiffs’ Chain-of-Causation Theory of Personal Jurisdiction

Although spring-break season is officially over, a recent Seventh Circuit decision offers a lesson to vacationers: When choosing your next vacation destination, make sure it’s somewhere you would be willing to visit again....more

Private parties may import gasoline and diesel into Mexico starting on April 1, 2016

Mexico’s Energy Regulatory Commission (the CRE) has announced that the open season procedures to assign capacity in Pemex gasoline and diesel transportation and storage systems will begin in the next few weeks....more

Fourth Circuit Extends Section 43(a) Lanham Act Standing to Companies Not Selling Their Product or Using Their Mark in the U.S.

Last week, an appellate court held that a plaintiff has standing to bring a false association and false advertising claim under Section 43(a) of the Lanham Act, even though it did not use its mark or sell its competing...more

Holland & Knight Involved in Mexico's Inaugural Long-Term Power Auction

Mexico's National Center for Energy Control (CENACE) launched the first long-term power auction in the country's history in November 2015. The auction was mainly targeted to clean energy producers, with 73 percent of the...more

New Labeling Requirements and Production Standards Apply to All Alcoholic Beverages Imported, Manufactured, and Sold in Mexico

Executive Summary - In response to the growing issue of alcohol abuse in Mexico and the related health problems associated with alcohol abuse, the Mexican government implemented revised labeling requirements and...more

Boeing, Aeromexico, And Mexico’s Airports And Auxiliary Services Join To Develop Aviation Biofuels

On February 24, 2016, Boeing, Aeromexico, and Mexico's Airports and Auxiliary Services (ASA) announced the start of a collaboration to advance research and development of sustainable biojet fuel in Mexico. The program will...more

Latin American Environmental Regulatory Tracker

This month’s tracker reflects key initiatives from January 15, 2015 – February 15, 2016. LAR is quickly embracing consumer-right-to-know initiatives through a host of new proposed labeling and product claims standards....more

General Administrative Provisions on Transmission and Distribution

On February 16, 2016, the Energy Regulatory Commission (CRE) published the general administrative provisions regulating open access to the National Transmission Network (RNT) and the General Distribution Networks (RGD) and...more

NAFTA TWG on Pesticides Releases Proposed Five Year Strategy

On February 2, 2016, the Executive Board of the North American Free Trade Agreement (NAFTA) Technical Working Group on Pesticides (TWG) released details of its proposed strategic framework the next five years. The...more

Amendments to the General Law of Commercial Companies

Creation of the Simplified Shares Corporation (Sociedad por Acciones Simplificada or "SSC") - On February 9, 2016, the Mexican Congress approved amendments (the "Reform") to the General Law of Mexican Companies (Ley...more

Financial Regulatory Developments Focus - February 2016

In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

UK Financial Regulatory Developments - January 2016 #15

DWP issues guidance on pensions advice requirements - DWP has issued a factsheet for pension scheme providers on which pension benefits with a guaranteed annuity rate are safeguarded for the purpose of the new advice...more

Update on Significant DOT, FAA and Other Federal Agencies’ Aviation-Related Regulatory Actions - February 2016

This edition of the Cozen O’Connor Aviation Regulatory Update includes the recently signed U.S.-Mexico bilateral agreement that liberalizes air services between the two countries, new Cuba-related regulations loosening...more

Mexico Supreme Court Upholds One-Year Cap on Back Pay

On January 20, 2016, the Second Chamber of Mexico’s Supreme Court, in plenary session and by a majority vote, issued a decision holding that the reformed Article 48 of the Mexican Federal Labor Law (FLL) does not violate the...more

ESMA and South African and Mexican Authorities to Cooperate Under EMIR on CCPs

On 26 January 2016, ESMA announced that had entered into a memorandum of understanding (MoU) with each of the Mexican Comisión Nacional Bancaria y de Valores (CNBV) and the South African Financial Services Board (FSB) under...more

Orrick's Financial Industry Week in Review

Rating Agency Developments - On January 25, 2016, DBRS updated its methodology for rating Subscription Loans (Capital Call). Report. On January 21, 2016, Fitch updated its U.S. RMBS Master Rating Criteria. Report. ...more

MEXICO ELECTRICITY SECTOR: CENACE Publishes Forms of Model Agreements for Transporters, Distributors, Contractors and Market...

If you read one thing... - The model Agreements provide the initial framework for the contractual relationships between Mexico’s National Center for Energy Control, on the one hand, and transporters, distributors or...more

Mexico: Supreme Court Upholds Constitutionality of Cap on Back Wages for Employment Disputes

On January 20, 2016, Mexico's Supreme Court affirmed the constitutionality of the Federal Labor Law (FLL)’s provision allowing back wages to be capped at 12 months' compensatory damages in all employment-related lawsuits...more

México: Suprema Corte de Justicia de la Nación resuelve sobre constitucionalidad de limitar salarios caídos en juicios laborales

El 20 de enero del año en curso, se resolvió en sesión ordinaria de la Segunda Sala de la Suprema Corte de Justicia de la Nación la contradicción de tesis sustentada entre diversos tribunales colegiados, respecto a la...more

New Air Transport Agreement between the US and Mexico

New Bilateral Air Transport Agreement between the US and Mexico. On December 18, 2015 the US and Mexico (the Parties) signed a new Air Transport Agreement that, once effective, will replace the current agreement which...more

Terms for the Separation of Federal Electricity Commission

On January 11, 2015, Mexico’s Ministry of Energy (SENER) published the general terms for the separation of the Federal Electricity Commission (CFE) in the Federal Official Gazette (the “Terms”). This action was taken pursuant...more

Trans-Pacific Partnership: Landmark new commitments on government procurement

TPP general summary - The legal text of the Trans-Pacific Partnership (TPP) was released to the public on November 5, 2015. After seven years of negotiations, Canada and 11 Pacific Rim countries, representing 40 percent...more

Mexico Approves an Increase to the Daily Minimum Wage for 2016

On December 18, 2015, the National Commission on Minimum Wages ("Comisión Nacional de los Salarios Mínimos" or CONASAMI ) approved a general minimum wage increase of 4.2%, effective January 1, 2016....more

Mexico: Incremento al Salario Mínimo por el Año 2016

El 18 de diciembre de 2015, la Comisión Nacional de los Salarios Mínimos (CONASAMI) acordó otorgar un aumento general al salario mínimo  para el 2016 de 4.20%.  El incremento en el salario mínimo diario entró en vigor a...more

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