Open Source Content Management

Prior to joining our firm in 2021, our partner Pablo Jiménez was the Global Vice President of Reputation and Communications at Anheuser-Busch InBev (AB InBev), the world's leading brewer. In this radio interview, establishes that the culture defines the company, and that a vision and global purpose must be developed.

Due to the COVID-19 contingency, on April 28, 2020 the official communication SS/12/2020, issued by the Plenary of the Superior Chamber of the Federal Court of Administrative Justice (TFJA), was published on the official website of that Court, extending the initial suspension of activities and terms that ran from March 18 to May 05, 2020 until May 29, 2020.

Today, the following rulings related with administrative authorities of the energy sector, were published in the Federal Official Gazette:

(i) Federal Ministry of Energy (“SENER”). “Ruling that modifies the former establishing the suspension of deadlines and legal terms in the Federal Ministry of Energy, as a preventive measure against the spread of the coronavirus COVID-19 pandemic” (“ SENER Ruling”).

The outbreak of COVID-19 -or coronavirus, as it is commonly referred to- has brought drastic changes to the world economy, and the full scope of its effects cannot yet be calculated. In the midst of this unprecedented crisis, companies must make significant and difficult choices, including suspending their operations, closing some of their facilities, or staying open for business, should they carry out activities considered essential or of strategic importance in order to face the pandemic; terminating relationships with vendors; being unable to meet previously undertaken orders… a whole host of scenarios considered unimaginable up until a few months ago.

The Board of the Commission in its session held on April 27, decided that the initial (March 23 to April 17) and the second (April 20 to April 30) suspension of terms will be extended. In this regard and effective as of May 6, all times and terms will be suspended until May 29, 2020, excepting those related to merger control procedures and the issuance of opinions or decisions in the granting of licenses, concessions, permits and similar procedures.

On April 27, 2020, the Plenary of the Federal Judiciary Council (“CJF”) issued the General Agreement 8/2020 (“Agreement 8/2020”) regarding the work structure that will be adopted by the Federal Judiciary during the period from May 6 to 31, 2020.

In order to promote liquidity and the orderly functioning of the Mexican financial system in the context of the complex economic situation resulting from the COVID-19 pandemic, on April 21, 2020, the Mexican Central Bank (Banco de México) (“Banxico”) issued a press release through which it announced: (i) cuts to the same-day Interbank Equilibrium Interest Rate (TIIE in Spanish) in the amount of 50 basis points, to the amount of 6%; and (ii) the implementation of additional measures, which amount to over 750 billion pesos in support and which comprise the following (the “Additional Measures”).

Today the U.S. Trade Representative notified the U.S. Congress that both Mexico and Canada had adopted the measures necessary to fulfill their commitments under the U.S.-Mexico-Canada Agreement (USMCA). With this, the United States became the third and last party to notify the others that it completed its internal procedures for the implementation of the USMCA, which will enter into force on July 1, 2020.

As we informed you in a timely manner, on April 21, 2020, the Ruling modifying the extraordinary actions for addressing the health emergency generated by the SARS-CoV2 (COVID-19) virus published on March 31, 2020, was published in the Official Federal Gazette, which included the extension of the suspension ruling until May 30, 2020.

Today a ruling was published in the Official Federal Gazette modifying the application of some of the extraordinary measures adopted by ruling of March 31, 2020.