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Reform of the telecom & broadcasting sectors in Mexico
- Hogan Lovells
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- Mexico
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- March 15 2013
Mexico has announced a major reform in the telecommunications and broadcasting sectors, liberalizing not only foreign investment, but also promising
A view from Mexico: investment promotion corporations a Mexican corporate vehicle that is well-designed and adapted to market practice
- Greenberg Traurig LLP
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- Mexico
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- November 9 2012
Although this type of commercial entity was created through a significant amendment to the Mexican Securities Law (Ley del Mercado de Valores) that became effective in June 2006, it took a few years until the investment promotion corporation (sociedad anónima promotora de inversión) (“SAPI”) became a widely used corporate vehicle by investors and shareholders of Mexican companies
Mexico's foreign investment framework (intro and recent activity)
- Martin-Sanchez & Leon de la Barra, LLP
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- Mexico
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- October 9 2012
Mexico’s foreign investment framework is governed primarily by Mexico’s Foreign Investment Law
Mexico is getting hungrier for overseas assets!
- Martin-Sanchez & Leon de la Barra, LLP
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- Mexico
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- September 20 2012
During the first semester of 2012, Mexicans' direct investments abroad reached $11
Mexico eases up on foreign investors
- Martin-Sanchez & Leon de la Barra, LLP
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- Mexico
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- September 8 2012
As a general rule, Mexico’s Commerce Code and Foreign Investment Law allow foreign businesses to operate in Mexico, but require such foreign businesses to first obtain an authorization from the Ministry of Economy (Secretaría de Economía
An overview of recent amendments to the rules for establishing branches of certain foreign companies in Mexico pursuant to the Mexican Foreign Investment Law
- Greenberg Traurig LLP
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- Mexico
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- August 23 2012
On August 8, 2012, the “General Resolution which establishes the Criteria for the Application of Article 17 of the Mexican Foreign Investment Law in relation to the Establishment of Foreign Companies in Mexico” (the “Resolution”) was published in the Mexican Official Gazette of the Federation by the Mexican Foreign Investment Agency (the “Agency”) of the Mexican Ministry of Economy
The National Foreign Investment Commission published the General Resolution Number 13 which determines the updated amount of the total value of the assets that are referred to in Article 9 of the Foreign Investment Law
- Baker & McKenzie
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- Mexico
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- July 30 2012
The National Foreign Investment Commission ("CNIE" for its Spanish initials) published on the Federal Official Gazette of July 10, 2012, the General Resolution Number 13 ("Resolution 13), which determines the updated amount of the total value of the assets that are referred to in article 9 of the Foreign Investment Law ("LIE" for its Spanish initials) and repeals the General Resolution Number 12 published in the Federal Official Gazette of July 6, 2011
Investing in Mexican real estate: outlook, framework and special considerations (part 5)
- Martin-Sanchez & Leon de la Barra, LLP
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- Mexico
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- March 12 2012
Due to the complexities of the deed, the parties will often enter into a binding preliminary agreement that (a) sets the basic terms of the transaction (i.e. purchase price, subject matter and time for closing), (b) provides seller with a period of time to provide all documents necessary for the closing (i.e., certificate of no lien, tax receipts, receipts evidencing no outstanding utilities, and a current valuation of the property for tax purposes), (c) provides the purchaser with a period of time to obtain financing andor to schedule the required payments, and (d) demands payment of a deposit or initial payment (receipt of initial payments may be considered a taxable event; thus, tax advise should be obtained prior to entering into acceptance of an initial payment
Mexican authorities amend provisions governing Mexican companies
- Baker & McKenzie
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- Mexico
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- January 24 2012
On December 15, 2011, a presidential decree was published at the Official Gazette that amended, added or repealed several provisions contained in the Foreign Investment Law, the General Law of Commercial Companies, the Organic Law of the Federal Public Administration, the Federal Law of Governmental Fees, the Federal Law of Administrative Proceedings and the Federal Law for the Development of Micro Industries and Craft Activities
Televisa withdraws agreement to purchase Nextel Mexico stake
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- Mexico
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- October 22 2010
Six months after Mexico’s Grupo Televisa announced plans to invest US$1.4 billion for a 30 stake in Nextel Mexico (NM), the two partners confirmed their decision this week mutually to terminate that agreement
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