Small Steps Forward: The New 'Concurso' Provisions in Mexico
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Small Steps Forward: The New 'Concurso' Provisions in Mexico
By Alejandro Sainz, Partner, Cervantes Sainz, S.C.
As part of the political project Pacto por México, the Mexican executive branch signed 13 initiatives in May 2013 that derogated and amended provisions of 34 laws. The financial reform amendments became effective in January 2014.
As part of the financial reform, some amendments...
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Alejandro Sainz is chairman of the Insolvency & Restructurings Practice Group and co-chair of the Mergers & Acquisitions Practice Group at Cervantes Sainz in Mexico City. He represents national and multinational clients in a broad range of transactional matters, providing legal advice in the areas of corporate, finance, and commercial law, and handles cross-border insolvencies both in and out of court. Sainz can be reached at asainz@cervantessainz.com.