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Energy Reform Bill

August, 2013

The President of Mexico, Mr. Enrique Peña Nieto introduced the reform bill to articles 27 and 28 of the Political Constitution of the United Mexican States, the so-called Energy Reform before the Senate of Mexico’s Federal Congress.
 
August 15th, 2013.
 
On August 12, 2013, the President of Mexico, Mr. Enrique Peña Nieto introduced the reform bill to articles 27 and 28 of the Political Constitution of the United Mexican States, the so-called Energy Reform before the Senate of Mexico's Federal Congress.

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Creation of the specialized courts and tribunals in antitrust, broadcasting and telecommunications

August, 2013

On August 9th, 2013, the Federal Judicial Council (“CJF”) published the General Agreement 22/2013, by which two new federal courts and two new federal tribunals with residence in the Federal District, and jurisdiction throughout the Republic, have been created.
 
August 13th, 2013.
 
On August 9th, 2013, the Federal Judicial Council ("CJF") published the General Agreement 22/2013, by which, in accordance with the recent constitutional reform regarding telecommunications and antitrust, two new federal courts and two new federal tribunals with residence in the Federal District, and jurisdiction throughout the Republic, have been created.

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Latin Lawyer - 3G wins unconditional Mexican approval for Heinz

July, 2013

Mexico´s Von Wobeser y Sierra S.C. has helped 3G Capital and investment fund Berkshire Hathaway obtain Mexican antitrust approval with no conditions for the local leg of their acquisition of US food company H.J. Heinz Company.
 

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Latin Lawyer - Mexico restricts brewer´s exclusive contracts

July, 2013

Mexico´s Federal Competition Commission (CFC) has imposed conditions on the country´s two major breweries´exclusive contracts with retailers to open the country´s beer market to more producers. The decision establishes a penalty equal to 8% of annual Mexican turnover for failure to meet the CFC´s conditions. Grupo Modelo, recently purchased by Anheuser Busch InBev, and Heineken owned Cuahtémoc Moctezuma control more than 95% of the Mexican beer market, including both open container sales by restaurants, bars and taverns and closed container sales by grocery and convenience stores.
 

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Latin Lawyer - SAB ruling expected in coming days

July, 2013

Mexico´s Federal Competition Commmission (CFC) is thought to be close to ruling on SAB Miller´s challenge to exclusivity agreements struck by Grupo Modelo and Cuauhtémoc Moctezuma, owned by Heineken, one month after AB InBev closed the biggest deal in the country´s history following its acquisition of the Mexican Brewer.
 

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Federal Act to Prevent and Identify Transactions Involving Illicit Funds

July, 2013

On the Federal Act to Prevent and Identify Transactions Involving Illicit Funds (the “Act”) entered into force, pursuant to the dispositions published in the Official Federal Gazette on October 17, 2012.

Federal Act to Prevent and Identify

Transactions Involving Illicit Funds

Specialized Financial Analysis Unit of the Attorney General's Office

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Von Wobeser y Sierra, S.C. participates with Mexican Congress in regards to the Financial Reform

June, 2013

Our Associate, Ivan Romo as member of the Mexican Bar Association, is charged with providing recommendations to the Mexican Congress.
 
June, 2013.
 
Von Wobeser y Sierra, S.C. is honored to inform you of the participation of our Associate, Ivan Romo in one of the Analysis and Working Groups of the Mexican Bar Association which is in charge of analyzing and developing  recommendations for the Mexican Congress regarding the Financial Reform filed by the Federal Government. His participation is mainly focused on reforms related to Mexican Bankruptcy Law.
 
Sincerely,

Adrián Magallanes, Partner of VWyS at 11TH Annual Miami International Arbitration Conference

June, 2013

Adrián Mallaganes Partner of Von Wobeser y Sierra, S.C. will moderate at the 11th Annual Miami International Arbitration Conference which will take place from September 11th – 13th, 2013.

New Environmental Liability Act

June, 2013

On June 7, 2013, the Federal Environmental Liability Act was published in the Official Federal Gazette.
 
June, 2013.
 
On June 7, 2013, the Federal Environmental Liability Act (Ley Federal de Responsabilidad Ambiental, hereinafter "LEFRA") was published in the Official Federal Gazette, which will enter into force on July 2013, after having been under discussion in both chambers of Congress for approximately 3 years.  In the attached you'll find some of the most important aspects of the LEFRA.
 
In order to read the entire document please refer to the attachment or click here.
 
To obtain additional  information please contact our Partner, Edmond Grieger at: This email address is being protected from spambots. You need JavaScript enabled to view it. or at +52 55  5258 1000.
 
Sincerely,

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Von Wobeser y Sierra, S.C. advised AB InBev in tender offer USD 20.1 billion

June, 2013

Von Wobeser y Sierra, S.C. advised Anheuser-Busch InBev and Grupo Modelo in the settlement of tender offer.
 
June 5th, 2013.
 
Von Wobeser y Sierra, S.C. was the key legal Mexican counsel firm which advised during the entire negotiation as well as in the successful completion of the combination with Grupo Modelo in a transaction valued at USD 20.1 billion.
 
Anheuser-Busch InBev now owns approximately 95% of Grupo Modelo´s outstanding common shares. With this defined, the multinational will be able to lead the global beer market and open up opportunities for new brands throughout international markets.
 
Please click here in order to access our webpage and learn more about our firm.

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