Antitrust Articles

May 7, 2015

COFECE Draft guide on Notifying Economic Concentrations Opened to Public Comment

On April 22, 2014, Mexico’s Antitrust Commission (COFECE for its Spanish acronym) published an Excerpt of the First Draft of the Guide to Notify Economic Concentrations in the Official Journal of the Federation. The Technical Secretary provides notice of the commencement of the period for public comment for 30 business days after the date of publication so that interested person may present their comments to the draft to COFECE. The purpose of the Guide is to clearly explain the concepts, regulations and procedures associated with the notification of economic concentrations and, in effect, to facilitate the process of said procedures for notifying economic agents. The Guide is important because it is the first one to be published under the terms … read more

February 14, 2008

New Rules Governing Fees Earned by Trustees

Parties contributing to Mexican trusts (trustors or fideicomitentes), trustees and beneficiaries of trusts created under Mexican law should verify that such trusts do not have pending trustee fees due and owing based on recent amendments to the General Law of Credit Instruments and Transactions (Ley General de Títulos y Operaciones de Crédito) published at the beginning of this month, which authorize banking institutions serving as trustees of Mexican trusts to dissolve any trust in which late trustee fees are more than three years past due.