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Mexico Probes Digital Ad Market
September, 2020

Mexico’s competition watchdog has launched an abuse of dominance investigation into the digital advertising services market to determine whether market participants are complying with competition rules.

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12 Years of Struggle and Latin America Maintains the Same Level of Corruption
August, 2020

Since the previous decade, Latin America promised to confront corruption, and it seemed that Brazil would lead the cause. The first results of the emblematic Lava Jato operation came to light in 2014 and to this day it is generating consequences, not only for Brazil, but for a dozen other countries, including the United States.

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Relevant Labor law issues (Labor Compliance)
August, 2020

As you may be aware, due to the Reform of the Federal Labor Law on May 1, 2019, some amendments to legal provisions have arisen, proposals for labor reforms, as well as the measures to confront the pandemic caused by the SARS-CoV-2 (COVID-19) virus, labor matters have gained great relevance, not to mention all the changes that must be implemented in collective bargaining matters in order to comply with the USMCA.

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Merck Signs PPA with Iberdrola in Mexico
August, 2020
Global pharmaceutical company Merck has signed a power-purchase agreement (PPA) in Mexico with Spain’s Iberdrola, the world’s largest generator of wind power and the largest private electricity generation company in Mexico.
 
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Suspension of legal terms and time periods of the Ministry of Environment and Natural Resources is lifted
August, 2020

On August 24, 2020 the Ministry of Environment and Natural Resources (“SEMARNAT”) published the “Ruling lifting the suspension of legal terms and time periods in the Ministry of Environment and Natural Resources and its Administrative Agencies” (“Ruling”) in the Federal Official Gazette.

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ICC calls for strengthening anti-corruption institutions in Mexico
August, 2020

The International Chamber of Commerce in Mexico (ICC) recognized that the current government is playing a good role in fighting corruption in the country, but called for further strengthening of the institutions with which this problem is confronted, especially the National Digital Platform (PDN) of the National Anti-Corruption System.

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Von Wobeser partner to chair Americas arbitration group
August, 2020

A partner at Von Wobeser y Sierra SC has been elected chair of the Americas Initiative at the Institute for Transnational Arbitration (ITA).

Montserrat Manzano assumed the role on 22 July. She replaces former chair Eduardo Gonçalves, partner at Brazilian firm Mattos Filho Veiga Filho Marrey Jr e Quiroga Advogados. Previous chairs have included Bofill Mir & Alvarez Jana Abogados founding partner Andrés Jana, Debevoise & Plimpton's Dietmar Prager and Colombian arbitrator Eduardo Zuleta.

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Update: The suspension of legal terms for the Energy Regulatory Commission concludes
August, 2020

Yesterday, the Energy Regulatory Commission (“CRE”) published in the Federal Official Gazette (“DOF”), the “Ruling resuming the legal terms and deadlines for the Energy Regulatory Commission, which were suspended as a measure to prevent and combat the spread of the COVID-19 virus in the various numbers A/010/2020, A/014/2020, A/015/2020 and A/018/2020”. (“Ruling”).

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Mexico’s ex-President Peña Nieto investigated for corruption
August, 2020

In the wake of Mexico’s attorney general opening a corruption investigation against former President Enrique Peña Nieto, local lawyers say Mexico’s anti-corruption system is robust enough to handle such a high-profile case, and suggest the country may now be ready for large international corruption investigations.

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Opportunities for companies in the technology sector with the health crisis
August, 2020

The coronavirus has heavily impacted mergers and acquisitions. The lack of liquidity and the uncertainty have produced a significant decline in the volume and number of transactions. This has resulted in the cancellation or suspension of transactions, above all in the second quarter, and in the invoking of clauses in order not to close deals. Luis Burgueño, partner of the Mexican firm Von Wobeser y Sierra, S.C., considers that in this context, investing in Mexico requires discipline in the selection and due diligence of the possible targets, in the valuation of the company, and in the negotiation of the terms and conditions of the contracts. In particular, tolerance of risk and a long-term vision are needed.

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