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 […]
A legislative initiative to reform the General Corporations and Partnerships Law was submitted.
ENGLISH VERSION An initiative was submitted to the Mexican House of Representatives to reform articles 185, 232, 236 and 238 of the General Corporations and Partnerships Law (hereinafter the “Law”) by congress woman Esther Berenice Martínez Díaz, member of the left-wing political party named Morena, which was forwarded to the Committee on Economy, Trade and […]