JUNE 2010 EDITION ARCHIVE

• • Legal Updates

    PRACTIQUE LEGAL - Working in a Profession in Mexico

    By Rene Cacheaux Up to what extent may professionals from other countries practice their professions in Mexico? This question may appear to have a simple answer; however, there are a number of complexities that apply to the rendering of professional services by foreigners in Mexico. There are certain occupations that require specialized testing and professional accreditation, such as in the case of physicians or engineers. Other occupations have no such requirements and offer opportunities for... [Read More]

  • 300 PALABRAS - The "Mexico Initiative," the Awakening of Mexican Society

    By Dr. Mario Melgar-Adalid Mexico's two main television broadcasters, Televisa and TV Azteca, together with the print media, launched the "Mexico Initiative" (www.iniciativamexico.org) campaign to rescue Mexican values. The goal of the Mexico Initiative is to put the spotlight on social projects of high impact in Mexican communities and to recognize those behind such projects for their contribution to the country's positive transformation. The following five key elements drive... [Read More]

  • Recent Jurisprudence - Notice of Citation to Answer Interrogatories in Labor Lawsuits

    The Second Chamber of Mexico's Supreme Court (SCJN) recently issued a decision on case number 2a./J.54/2010, under the heading: "Notice of citation to answer interrogatories in a labor lawsuit. Timeframe to answer shall be the one set forth in article 748 of the Federal Labor Law." In such case, the SCJN determined that article 788 of the Federal Labor Law provides that those answering the interrogatories shall be summoned to appear to court in person or through their attorneys-in-fact... [Read More]

  • Business & Politics Outlook

    Political Thermometer

    The political thermometer of the country keeps rising. As a preview to the first Sunday in July, the results of the elections for the mayor of Merida were a sign of what may occur in the upcoming elections. It is not so much the fact that the Institutional Revolutionary Party (PRI) won the election, which opinion polls predicted, but the degree of political tension and confrontation. The National Action Party (PAN) did not immediately accept its defeat and announced it would pursue all legal remedies... [Read More]

  • The Mexican Supreme Court of Justice Holds as Constitutional the Official Mexican Standard covering the "Morning After Pill"

    The Governor of the State of Jalisco, Emilio Gonzalez Marquez, challenged the constitutionality of the Official Mexican Standard (NOM-046-SSA2-2005) through the Mexican Supreme Court of Justice. Such Official Mexican Standard requires all health service facilities in Mexico, whether private or public, to provide the so-called "morning after pill" to women that are victims of sexual assault. After an exhaustive analysis, the Mexican Supreme Court of Justice ruled that the constitutional... [Read More]

  • Mexico and the 2010 World Cup in South Africa

    Mexicans are passionate about soccer. Every four years, the country's attention focuses on the role the Mexican national team, also known as the "Tri," will play in the World Cup. This year will be no exception, and from the inauguration match between the Republic of South Africa and Mexico on June 11, Mexico's attention, heart and hope will focus on its national team. After much controversy, President Felipe Calderon plans to attend the inaugural match. President Calderon's... [Read More]

  • Economic Indicators

    Pesos/Dollar Exchange Rate:

    The quoted exchange rate as of June 10, 2010 was $12.7441 pesos per dollar.

  • Mexican Stock Exchange

    The Mexican Stock Exchange (BMV) closed on June 10, 2010 at 31,910.22 points.

  • Interest Rates:

    On June 10, 2010, the Average Interbank Interest Rate (TIEE) for a 28-day period was at 4.9250%.

  • Mexico IP Info

    Mexican Intellectual Property Information - Collective Trademarks

    According to Mexican law, a trademark is "any visible symbol that distinguishes products or services among those of the same kind or class in the market place," and in order to have a claim for the exclusive right to a trademark, such must be registered with the Mexican Intellectual Property Institute (IMPI). Although on many occasions we find products or services that are distinguishable by their trademarks, such may also be recognized because the producer or provider of a service belongs... [Read More]