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LACCA- Claus von Wobeser- Lawyers call on AMLO to outline anti-corruption strategy

July, 2018

In this piece, elite Mexican lawyers, including our Partner Claus von Wobeser, say the victory of leftist candidate Andrés Manuel López Obrador (AMLO) is a testament to the country’s frustration with the levels of corruption; they argue the new president must now outline concrete plans to tackle the issue in order to boost the country’s business and investment climate.

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The first general provisions of the Fintech Law will be published in September

July, 2018

By press release published on July 4, 2018, the National Banking and Securities Commission (“CNBV” for its acronym in Spanish) indicated that the first general provisions relative to the Law regulating Financial Technology Institutions (“Law” or “FinTech Law”) will be published in September, thereby complying with the first period established in the transitory articles of the mentioned Law.

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"Eradicating corruption and impunity will be the principal mission of the new government”: Andrés Manuel López Obrador

July, 2018

This 1st of July, Mexico lived its largest election in history. Andrés Manuel López Obrador (“AMLO”) won the presidential run in a landslide with a majority greater than 50% of the electorate. A substantial part of AMLO’s presidential campaign rested on criticizing head-on the overwhelming corruption that heavily weighs on our country.

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Latin Lawyer- Luis Burgueño- López Obrador’s landslide victory leaves Mexican lawyers unfazed

July, 2018

López Obrador was elected Mexican president on July 1st with 53% of the vote and will assume office in December. He was branded a populist left-winger by his opponents, but senior partners in Mexico’s legal community expect his presidency will bring modest change and even fresh opportunity. Our Partner Luis Burgueño shared his views in this matter.

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Forbes- Diego Sierra- Lawyers' Special: How to Combat Corruption

July, 2018

We are proud to have been featured in the special article on lawyers by Forbes- How to Combat Corruption. Our Partner Diego Sierra, expert in anticorruption, gave his opinion for this piece. 

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Amendments to the Customs Law and creation of the “Customs Agency”

June, 2018

On June 25, 2018, a Decree was published in the Official Federal Gazette amending various provisions of the Customs Law. 

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Amendment requires publication of partners and shareholders of limited liability companies and stock corporations in Mexico

June, 2018

On June 14, 2018, an amendment (the “Amendment”) to articles 73 and 129 of the General Law of Commercial Companies (Ley General de Sociedades Mercantiles) (“LGSM”) was published in the Federal Official Gazette to have the entries of the special partners’ registry (libro especial de socios) of Mexican limited liability companies and stock registry of Mexican stock corporations (registro de acciones), published in the PSM (Sistema Electrónico de Publicaciones de Sociedades Mercantiles), the electronic system of the Ministry of Economy.

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Latin Lawyer- Fernando Carreño- Mexico could scrap JV competition guidelines, observers say

June, 2018

Our Partner Fernando Carreño shared his opinion on the topic.

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Lex Latin- Edmond Grieger & Ariel Garfio- Von Wobeser advised Faurecia regarding a clean energy supply contract

June, 2018

Von Wobeser y Sierra, S.C. advised Faurecia Sistemas Automotrices de México, S.A. de C.V. in the management of a renewable energy supply contract.

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Lex Latin- Edmond Grieger & Ariel Garfio- Invenergy sells electricity to the Mexican Energy Control Center (Cenace) with advise of Von Wobeser y Sierra

June, 2018

Von Wobeser y Sierra SC legally advised Invenergy LLC and its special vehicle Electricity Company Los Ramones S.A.P.I. de C.V. in the closing of a power purchase agreement contract valued in USD 250 million and a duration of 15 years. 

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