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News

  • May 21 2020

ECONOMIC MEASURES IMPLEMENTED BY THE GOVERNMENT OF MEXICO AGAINST THE COVID-19 PANDEMIC

- Fernando Perez - Correa, Zulima González y Patricia Cervantes

Today INSOL International included, in its monthly news release, the article "MEDIDAS ECONÓMICAS IMPLEMENTADAS POR EL GOBIERNO DE MÉXICO ANTE LA PANDEMIA DE COVID-19", prepared by our partner Fernando Pérez Correa and associates Zulima González and Patricia Cervantes.

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  • May 21 2020

ICLG: Restructuring & Insolvency 2020 - Promotional Guidelines

- Fernando Perez - Correa & Zulima González

FPC and Zulima González participated in the ICLG Comparative Guide: Restructuring & Insolvency 2020, chapter Mexico, which we share with you here

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  • May 16 2020

New amount that will require approval for participation of foreign investment

- Fernando Eraña y Rodrigo Martinez

The amount for which a favorable resolution of the National Foreign Investment Commission is required for foreign investment to participate in more than 49% of the capital stock of Mexican companies was updated. As of May 8, 2020, it will be $20,184’671,346.26 pesos (Twenty Billion One Hundred Eighty-Four Million Six Hundred Seventy-One Thousand Three Hundred Forty-Six Pesos 26/100 Mexican legal currency).

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  • May 16 2020

SEDATU announces days that will be considered non-working days due to COVID-19

- Cecilia Curiel y José Valencia

The Ministry of Agricultural, Territorial and Urban Development ("SEDATU") published in the Official Gazette the resolution by which the general public is informed of the days that will be considered as non-working days for purposes of administrative acts and procedures within the jurisdiction of SEDATU, an agency of the Central Federal Public Administration, to prevent the spread and transmission of the COVID-19 virus (the "Resolution").

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  • May 15 2020

SENER starts the process to update the Reliability, Safety, Continuity and Quality policy in the National Electric System

- Cecilia Curiel y Constanza Aguilar

The National Commission for Regulatory Improvement ("CONAMER") published in its pre-project portal the resolution by which the policy of Reliability, safety, Continuity and Quality in the National Electric System ("SEN") is issued (the "Resolution"), sent by the Ministry of Energy ("SENER") for the publication in the Official Gazette ("DOF"), after completion of the regulatory improvement process.

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  • May 12 2020

SOLCARGO represented Creation Technologies in the cross-border acquisition of Applied Technical Services

- SOLCARGO

The transaction took place in a period of global uncertainty derived from the covid-19 pandemic and reiterates, among other things, Mexico's strength as one of the world's manufacturing poles for the medical, aerospace, technology, and defense industries. SOLCARGO represented Creation Technologies in the acquisition of Applied Technical Services, an electronics manufacturing services provider that designs and builds electronics components used in a range of products across industries.

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  • May 7 2020

CNH extends suspension period until May 31st due to Coronavirus

- Cecilia Curiel & Constanza Aguilar

The National Hydrocarbons Commission (“CNH”) published on May 6th, 2020 in the Official Gazette the amending resolution to the resolution that declares the suspension of terms and deadlines in the acts and procedures conducted before the CNH (the “Resolution”).

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  • May 7 2020

Enabling of days and hours by ASEA, regarding inspection proceedings 0

- Carlos del Razo & Jorge Gomez

On May 6, an accord signed by the Executive Director of the National Agency for Industrial Safety and Environmental Protection of the Hydrocarbon Sector (“ASEA”) was published, by which the hours from 10:00 to 15:00 and from 16:00 to 18:00 on the 7th, 14th, 21th, and 28th days of May 202

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  • May 7 2020

CENACE extends suspension period due to Coronavirus

- Cecilia Curiel & Constanza Aguilar

The National Energy Control Center (“CENACE”) published on April 30th, 2020 in the Official Gazette the second resolution by which it modifies the First Resolution, by which the suspension of terms and deadlines in the acts and procedures conducted before the Administrative Units of CENACE, from Thursday March 26th to Sunday April 19th, 2020.

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  • May 5 2020

CENACE establishes measures to guarantee the reliability of the National Electrical System

- Juan Pedro Machado, Cecilia Piña & Pilar Galván

On April 29th, 2020, the National Energy Control Center ("CENACE") published in the Market Information System the resolution to guarantee the efficiency, Quality , Reliability , Continuity and safety of the National Electrical System ("SEN"), on the basis of the recognition of the SARS-CoV2 virus disease epidemic (COVID-19). (the "SEN Reliability Resolution")

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