Official Mexican Standard on Vehicle physical-mechanical conditions is cancelled
ENGLISH VERSION On November 15, 2022 the Official Mexican Standard NOM-236-SE-2021 Vehicles- Physical-mechanical conditions of vehicles with a gross vehicle weight not exceeding 3,857 kg (“NOM”) was cancelled as per publication in the Federal Official Gazette (“DOF” by its abbreviation in Spanish). [1] The issuance of the NOM was published in the DOF on May […]
Obligations that Mexican legal entities must fulfill: opening and updating their corporate books
ENGLISH VERSION Mexican legal entities have the obligation to open corporates books and records and keep them updated. These books consist of the shareholders’ meetings minutes book, stock registry book or special partners’ book and the capital variations book, when the administration body of the companies is plural, they shall also have a board of […]
Passengers win class action against Mexican airline
ENGLISH VERSION Mexican air carrier Interjet was ordered by a Mexican court to pay passengers $144,020,781.33 Mexican pesos (around $7.23 US million dollars) after losing a class action filed by the Consumer Protection Agency (“CPA”) for claims received between 2018 and 2020. The airline was also declared bankrupt by a court in August. The claims […]