COVID-19 Knowledge Center

NEWS

BEGIN

Mexican Labor Reform Update, Initiative to Prohibit the Outsourcing of Employees has Moved forward and is Expected to Pass by the End of April

As of today, the Federal Labor Law not only allows but regulates outsourcing in Mexico, enabling businesses to indirectly hire employees through a third-party provider. In addition, companies may deduct and/or credit the expenses derived from outsourcing, against their taxes.

Read more

FIBRAS: What are They and What Are the Trends?

During almost all 2020, COVID-19 has caused uncertainty and uneasiness on investors and dealmakers. Despite the concern the pandemic has generated in the market, the current administration’s policies for addressing the disease have been perceived rather faint and with scarce financial support and incentives for the private sector. As a result of the pandemic, striking a deal to merge, acquire or invest in Real Estate becomes challenging due to the social distancing and communication hurdles. Furthermore, uncertainty of how much assets, properties or businesses are worth the day after a possible transaction, and the fluctuation of material prices have caused a stall in these sectors.

Read more

Increase on Minimum Wages for 2021

On December 16th, 2020 the National Minimum Wage Committee approved an increase on the minimum wages for next year.The Minimum Wage Commission determined that the increase on the minimum wage will be of 15% as a real salary increase.

Read more

Client Alert: Bill for banning Outsourcing in Mexico.

On December 2012, an amendment to the Federal Labor Law (“FLL”) set forth the rules for the outsourcing of personnel regime (“Outsourcing”) in Mexico. According to that amendment, Outsourcing is defined as the regime in which a person or entity identified as contractor  carries out activities or renders services in favor of another person or entity, the client, where the former has the right to set forth the tasks to be done to the latter and supervise the progress of the services or the execution of the contracted works. Due to its characteristics, this regime is an exemption to the general rule that ordinarily, the employment relationship shall be direct and for an indefinite term.

Read more

Ibarra, del Paso y Gallego contributes to fifth edition of The Law Review’s Real Estate M&A and Private Equity Review

Our Firm is delighted to announce its participation in an authoritative publication on M&A and Private Equity activity in the Real Estate sector. Our specialists teamed up with Adam Emmerich and Robin Panovka of leading New York firm Wachtell, Lipton, Rosen & Katz, and contributed the chapter on Mexico.

Read more

Leasing Reform Threatens Private Property

On July 8, Morena’s parliamentary group submitted to the Mexico City Congress a reform project on leasing, and although the proposal is still under discussion, it has generated controversy and discontent among political and real estate actors, due to the effects it could have on the sector.

Read more

New Federal Industrial Property Protection Law and amendments to the Federal Copyright Law and the Federal Criminal Code

With enforcement of the International Treaty between Mexico, the United States and Canada (the “T-MEC“), the Mexican State has assumed the obligations and commitments of protection and coordination between authorities in the field of Intellectual Property

Read more

COVID-19: Legal update

Legal update on the Administrative Rulings Issued by the Supreme Court of Justice of the Nation (“SCJN”), the Federal Judiciary’s Council (“CFJ”) and the Council of The Judiciary of Mexico City Acting En Banc, Related To The Suspension Of Jurisdictional Activities.

Read more

The Real Estate and guaranty trust: Suitable vehicle for the financing of real estate projects nowadays.

Benefits and mechanisms of investing through Real Estate and Guaranty Trusts in any type of real estate projects, either residential, commercial, offices, industrial or mix use projects.

Read more


CONTACT