Federal Court issues new decision on the duty to notify the attorneys-in-fact about the revocation of their authority.
On January 12,2024, it was published a decision on the importance to notify the attorneys-in-fact on the revocation of their authority. In the matter at hand, a court agreement that put and end to a trial was signed by one of the party’s attorney-in-fact, yet it was ratified before the court, it was not approved […]
Mexico’s Supreme Court renders judgment on the types of sections in commercial agreements that are null and void.
The First Chamber of Mexico’s Supreme Court (the “Court”) issued a decision by which it clarified the limits to the freedom of contract principle in a supply agreement. A supply agreement entails the periodic delivery of goods by a supplier to a client, in exchange of a consideration in cash. It is common practice that […]
Mexican tribunal confirms what the correct proceeding is to demand the rendering of account from a company’s sole administrator
ENGLISH VERSION A Federal Court shed light by deciding that the proper proceeding to sue a stock company’s sole administrator to render accounts is by filing a commercial ordinary legal action as oppossed to a civil summary proceeding. The latter was the action filed by a company inaccurately. This decision is based on the criterion […]