The importance of complying with mexican health and safety regulations
As a result of the COVID-19 pandemic, and as part of the 2022 Inspection Program issued by the Department of Labor and Social Welfare (“STPS” for its acronym in Spanish), which is aligned with the obligations assumed by Mexico under the USMCA, with at least 40,000 actions scheduled for this year, there has been a […]
Criteria for registering an address under Mexico’s IMMEX Program
On May 9, 2022, the Mexican Secretary of Economy issued a Decree providing general rules and criteria regarding international trade (the “Decree”), which was published in the Official Journal of the Federation and is effective the day after its publication, with some exceptions provided in the Decree’s transitory articles. The Decree abrogates the previous decree […]
Claim filed for labor rights violations under the USMCA
On April 18, 2022, the United States filed a request for review of alleged denials of free association and collective bargaining rights in a manufacturing plant operated by Panasonic Automotive Systems de México located in Reynosa, Tamaulipas (“Panasonic Automotive”). Such would be the third review filed under the USMCA’s (“USMCA”) Facility-Specific Rapid Response Labor Mechanism, […]
Use of waterfall distributions in U.S. private equity real estate investments
There are a variety of ways in which industrial and multitenant commercial development projects are financed in the United States. One common form of financing is private equity real estate investment, which typically involve as key players a senior institutional lender, possibly a subordinated mezzanine debt lender, as well as a general partner and several […]
Mandatory inspections at the Mexico-Texas border suspended
After U.S. President Joe Biden’s April 6, 2022 decision to eliminate the Centers for Disease Control order known as Title 42, which was implemented to stem illegal immigrant and drug traffic between the United States and Mexico, Texas Governor Greg Abbott imposed strong inspection measures on all importations from Mexico entering Texas through land ports […]
Mexico Publishes New Official Standard Regulating Wastewater Discharges to Federal Waterways
On March 11, 2022, the Official Mexican Standard titled NOM-001-SEMARNAT-2021 was published (“NOM” per its acronym in Spanish) setting forth new limits allowed for wastewater discharges to federal waterways. Such NOM updates and replaces Official Mexican Standard NOM-001-SEMARNAT-1996, and will enter into force in stages. Regarding the NOM’s specifics, the following are worth noting: 1. […]
Skyrocketing real property tax appraised values throughout Texas
The real estate market in Texas experienced unprecedented growth in 2021 and real property values skyrocketed as buyers took advantage of low interest rates and competed in a market with high demand and limited inventory. Counties throughout Texas are in the process of sending property owners their annual Notices of Appraised Value and many real […]
U.S. Agricultural Producers Address Concern as to Declining Trade with Mexico
On March 22, 2021, twenty-seven of the leading associations of agricultural producers in the United States, including the American Farm Bureau Federation, the American Feed Industry Association and the American Seed Trade Associationsent a letter to the U.S. Department of Agriculture Secretary, Thomas Vilsack and the U.S. Trade Representative, Katherine Tai, addressing their concerns as […]
Recent Jurisprudence – Assessing the Weight of Evidence in Employee Resignations
Recently, the Fifth Collegiate Labor Court of the First Circuit published judicial precedent number I.5o.T. J/1 L (11a.), titled “Resignation. Standards for weighing evidence that courts must consider if an employee argues that a resignation was forced, and he received instructions to execute it, and the employer states the termination was voluntary.” In this decision, […]
Mexico amends income tax law governing sales of mexican real property
On November 12, 2021, a Decree amending various provisions of the Mexican Income Tax Law and related regulations was published, effective January 1, 2022. The Decree includes changes to article 160 of the Income Tax Law and establishes that for purposes of proceeds from the sale of Mexican real property, the source of wealth is […]
