April, 2019Provisions applicable to Sandboxes issued by the SHCP & CNBVThe Ministry of Finance and Public Credit (the “SHCP”) and the National Banking and Securities Commission (the “CNBV”), on March 11 and 19, 2019, in the…→
April, 2019Mandatory compliance with the Network Code initiates for all medium and high voltage users connected to the gridThis past April 8, 2016, the Energy Regulatory Commission (“CRE”) issued the Network Code (Criteria for efficiency, quality, reliability, continuity,…→
April, 2019Latin Lawyer- Von Wobeser helps oil services provider win Pemex contractsMexican firm Von Wobeser y Sierra S.C. has helped Norwegian energy company Borr Drilling’s local subsidiary win two contracts from government-owned Pemex…→
April, 2019Lex Latin- Borr Drilling is awarded a services contract by PemexWith advice from lawyers of the energy and M&A areas of Von Wobeser & Sierra, S.C., Borr Drilling México, S. de R.L. de C.V.→
April, 2019Lex Latin- Grupo Modelo invests USD 726 million in production plant in MexicoGrupo Modelo, owned by the Belgian company Anheuser-Busch InBev, made an investment of USD 726 million in the new plant located in Apan, state of Hidalgo…→
April, 2019The Ministry of Energy modifies the terms for the strict legal separation of the Federal Electricity CommissionOn March 25 2019, the Federal Energy Ministry (“SENER”) published in the Federal Official Gazette the Agreement that modifies the terms for the strict…→
April, 2019Von Wobeser Antitrust practice, led by Fernando Carreño, recognized with the “Behavioral matter of the year – Americas” award by Global Competition Review (GCR)We are pleased to announce that our antitrust practice, led by Fernando Carreño, received the award for “Behavioral matter of the year – Americas”, given…→
March, 2019Resolution amending the General Provisions applicable to Financial Technology InstitutionsOn March 25 of this year, the National Banking and Securities Commission (the “CNBV”) published in the Official Federal Gazette (the “DOF”) the Resolution…→
March, 2019Circulars issued by the Bank of Mexico in relation to Risk Mitigation; Operations with Virtual Assets; Innovative Models and Operations in Foreign CurrencyThe Bank of Mexico [Banco de México (“Banxico”)], on March 7 and 8, 2019, published in the Official Federal Gazette (the “DOF”) the circulars 3/2019;…→
March, 2019Latin Lawyer- Fernando Carreño- Antitrust regulator fines credit data company for refusal to deal in MexicoMexico’s competition authority has fined Dun & Bradstreet 27.4 million pesos (US$1.5 million) for refusal to grant a competitor access to its database, but…→
March, 2019Global Competition Review- Fernando Carreño- Credit data company fined for refusal to deal in MexicoOur Partner, Fernando Carreño gave his opinion in regards to a COFECE's board decision to impose a fine to one credit data company while dropping…→
February, 2019Chambers and Partners Global Rankings 2019- Von Wobeser y SierraWe are honored to inform that once again we have been recognized by Chambers & Partners Global as a leading international firm in 2019.→
February, 2019New mechanisms to establish maximum sale prices to the public of patented medicinesOn February 19, the majority parliament group of the Senate, represented by the Morena party, introduced a bill amending article 31 of the General Health…→
February, 2019Latin Lawyer - Von Wobeser & Sierra Recognized as Leading Light 2018 in Regards to Pro BonoVon Wobeser & Sierra has been recognized by Latin Lawyer as a Leading Light 2018 in regards to pro bono work.→
February, 2019AML Criteria and Procedures applicable to Money TransmittersOn January 28, 2019 the Ministry of Finance and Public Credit (“SHCP”), with a prior opinion issued by the National Banking and Securities Commission…→
January, 2019Bill Reforming the Federal Labor LawOn December 22, 2018 a bill reforming the Federal Labor Law (LFT) was presented in the Chamber of Deputies by the Parliamentary Group of Morena, which is…→
January, 2019Values of the Unit of Measurement and Indexing in effect as of February 1, 2019On January 10, 2018 the National Statistics and Geography Institute (INEGI for its initials in Spanish) published in the Official Federal Gazette the…→
January, 2019Latin Lawyer- Claus von Wobeser- Panama Canal consortium ordered to payOur Partner Claus von Wobeser participated as arbitrator in a ICC arbitration related to a project oriented to expand the Panama Canal.→
December, 2018Global Arbitration Review- Claus von Wobeser- Panama Canal consortium ordered to payOur Partner Claus von Wobeser participated as arbitrator in a case related to a project oriented to expand the Panama Canal.→
December, 2018Diego Sierra- Global Restructuring Review- The Restructuring Review of the Americas 2019: Mexico ChapterOur Partner Diego Sierra describes the current landscape and the latest trends in insolvency proceedings (concursos mercantiles) in Mexico.→
December, 2018New minimum wage as of January 1st, 2019On December 26, 2018 the resolution of the Representative Council of the National Minimum Wages Commission (CONASAMI for its initials in Spanish) was…→
December, 2018Supreme Court of Justice of the Nation declares the exclusion of domestic workers from the mandatory regime of the Mexican Social Security Institute to be unconstitutionalOn December 5th, 2018, the Second Chamber of the Supreme Court of Justice of the Nation approved a draft resolution determining that it is unconstitutional…→
December, 2018New minimum wage beginning January 1, 2019 and creation of a Border General Minimum WageBy ruling of the National Minimum Wage Commission (CONASAMI), beginning January 1, 2019, the new general minimum wage for Mexico will be $102.68 pesos, and…→
November, 2018Luis Burgueño - Getting the Deal Through- Private Equity: Market Intelligence- Mexico Chapter 2018Our Partners Luis Burgueño and Andrés Nieto offer a panoramic view of the way investments have recently been carried out in Mexico, the legal framework,…→
