México

Garrigues

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  • Reduction of working hours: a global trend reaching Latin America

    The reduction of working hours has been a key issue on the legislative agenda worldwide in recent years, and Latin America is no exception. While countries like Chile are already reducing the workweek from 45 to 40 hours and Colombia from 48 to 42, other jurisdictions like Mexico and Peru also have proposals on the table in this regard, but they have not yet been finalized.

  • Latin America Labor & Employment Law Newsletter - June 2024

    In this newsletter, we analyze the labor and employment market in Latin America and compile the most relevant legal updates in this area in Chile, Colombia, Mexico, and Peru.

  • Garrigues wins the award for best law firm in the Andes in banking law

    Garrigues has been named Team of the Year for the Andean States in banking and finance law by the International Financial Law Review (IFLR), which each year selects the best deals carried out in Latin America. The editorial board of this prestigious publication focused on the cross-border component, innovation, and the valuation of the companies involved in each of the deals it analyzed.

  • Mexico reinstates conditions for Clean Energy Certificates (CELs)

    This encourages investment in power generation plants through clean energy and achieves higher profitability in the commercialization of CELs.

  • México: New requirements to renew the registration in the Registry of Providers of Specialized Services or Works

    Individuals or legal entities registered in the Registry of Providers of Specialized Services or Works must renew their registration each three years.

  • Electric car charging stations: key to the electromobility success in Mexico

    El auge de los vehículos eléctricos hará necesario contar con, al menos, 38.000 electrolineras en México en los próximos 20 años, según los expertos. En este contexto, analizamos el actual marco legal para instalar y operar electrolineras en el país.

  • Mexico's Supreme Court determines the unconstitutionality of the reform to the Electricity Industry Law enacted in 2021

    This resolution represents an important step that fosters legal certainty to all participants and investors in the energy sector in Mexico.

  • On December 8, 2023, the new Official Mexican Standard on occupational health and safety conditions for remote work will come into force

    Those individuals working remotely at least 40% of the week will be subject to specific rules related to their rights and obligations in connection with this employment modality.

  • The Government of Mexico obliges to give priority to passenger rail transport service on currently concessioned tracks to private parties for cargo transport

    Companies holding concession titles will have until January 15, 2024 to submit viable proposals in terms of investment, construction time and modernization of these railroads to provide passenger transport services.

  • NPLs in Spain, Portugal and Latin America: more selective deals and increasing activity in secondary markets and debt servicing industry

    In the first three quarters of 2023, we saw investors adopting a more selective and specialized approach in their NPL investments, increasing their appetite for unlikely-to-pay (UTP) and reperforming loans (RPLs).