Cacheaux, Cavazos & Newton (“CCN”) is an international law firm based in San Antonio, with additional offices in Austin and McAllen, Texas, and throughout Mexico in Mexico City, Monterrey, Guadalajara, Tijuana, Queretaro, Ciudad Juarez, Reynosa and Matamoros. CCN’s attorneys are bicultural, bilingual and are licensed to practice in the U.S. and Mexico. The firm helps international clients navigate a broad range of legal issues in the increasingly integrated North American market. CCN’s clients include large global companies, as well as small and medium-size businesses, which the firm advises in a wide array of practice areas in both the United States and Mexico.
A Decree was published in the Official Journal of the Federation (“DOF” for its acronym in Spanish) on May 19, 2021, amending the thirteenth transitory article of Mexico’s 2014 Hydrocarbons Law (the “Decree”) and granting the Energy Regulatory Commission (“CRE” for its acronym in Spanish) 30 days to abolish all general administrative regulations that had been issued to implement the “asymmetric” regulation of Petróleos Mexicanos and its subsidiaries and affiliates (“PEMEX” for its acronym in Spanish). CRE complied almost immediately on May 21, publishing Resolution A/015/2021in the DOF, which cancelled a total of 49 prior resolutions issued for such purpose. The asymmetric regulation was based on the abovementioned transitory article, which granted authority to the CRE to establish general contractual … read more
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