This year, a Mexican Federal Court issued a series of controversial precedents related to the rights of legal entities. These precedents are not generally binding, but they represent a setback in the protection of fundamental rights and, specifically, with respect to the social and corporate responsibility of companies.
One of the main objectives of the current Federal Administration is the strengthening of the State's productive enterprises: the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex). In line with the foregoing, on March 10, 2021, a substantial reform to the Electricity Industry Law entered into force, which sought to justify itself in terms of the safety and reliability of the electricity system, as well as the country's energy self-sufficiency.
In this chapter, our partner Adrián Magallanes and our associate Rodrigo Barradas address the recent changes that have taken place in Mexico regarding arbitration, focusing specifically on a Constitutional Reform promoted by the President in 2016 that addresses alternative dispute resolution methods and the recent entry of private enterprise into our country's energy sector and its new arbitration mechanisms.
This contribution, written by our partners Claus Von Wobeser and Adrián Magallanes, provides accessible information for navigating the Mexican legal system when conducting business involving International Arbitration in our country.
