Open Source Content Management

Andrés Nieto and Luis Burgueño talk about Private Equity and Mexico.

Mexico´s current federal administration has publicly made de fight against corruption one of its top priorities. In the Pact for Mexico, President Peña Nieto proposed the implementation of reforms to strengthen transparency, accountability and the fight against corruption.

In Mexico, a subcontracting regime (understood as the regime through which an employer as contractor executes works provides services with its workers who are dependent upon it, to a beneficiary, individual or entity, which establishes the work of the contractor and supervises it in the performance of the services of execution of the works contracted) has been generally associated with outsourcing and with all forms of subcontracting or provision of services and works between companies of the same business group.

Mexican lawmakers recently took an important step to boost Mexico’s energy sector, by approving a historic constitutional amendment to overhaul the oil, gas, and electric sectors; which will open the market for national and foreign investors. The energy bill ends a 75 year state monopoly in this sector.

Mexico is party to the New York Convention, which has been in force since the 13th of July 1971. Mexico made no particular declaration regarding articles, I, X, XI of the Convention. Mexico is also party to the Panama Convention on Inter-American Commercial Arbitration and the Inter-American Convention for the Extraterritorial Validity of Foreign Decisions and Awards (the Montevideo Convention).

In this roundtable we spoke with 10 experts from around the world about the latest changes and developments in the Energy & Natural Resources sector.

Pursuant to the legal provisions on commercial arbitration regulated in the Commerce Code and the Arbitration Rules of the ICC, arbitral awards are binding to the parties and must be complied without delay.