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 […]
The homologation of a foreign judgment and its execution in Mexico do not require an exact coincidence between the law of the country where the judgment was issued and the Mexican laws.
ENGLISH VERSION The First Chamber of the Supreme Court of Justice of the Nation determined that the recognition and execution of a foreign judgment in Mexico lies in the principles of international procedural cooperation, as well as solidarity, consideration and reciprocity among nations. Therefore, the homologation process1 of said foreign judgment does not require that […]