Doing business in Mexico in 2012 under recent changes in key legislation

March 2012

Abstract

Last year will be remembered by the number of key pieces of legislation that were introduced. Certainly this legislation will bring about changes in the way of doing business in Mexico going forward. Businessmen and international lawyers need to be abreast of developments in the areas of privacy, antitrust, litigation and minor changes to the corporate law, that will simplify company incorporation to the extent that it will no longer require involvement by the Ministry of Foreign Affairs.

Author

José Gutiérrez

General Counsel & Local Compliance Manager, Daimler Manufactura, S.A. de C.V., México

José Ángel Gutiérrez Goutréz joined Daimler Group in 2007. His responsibilities include Legal Representation of Daimler Group companies against thirds parties in agreements, negotiations and disputes; Furnishing legal advice to Daimler’s Senior Management, CEO and other high ranking executives, including Corporate Governance, Compliance as well as Legal Issues on strategic decision. Likewise, he acts as Secretary of the Board in Mexico. Mr. Gutiérrez practice ranges from in-house counsel as well as private practitioner. He collaborated until 2004 as a foreign associate at Miller and Chevallier of Washington D.C. Thereafter he joined the Mexico City-based firm Rubio Villegas y Asociados, S.C. where he advised clients on M&A, commercial transactions including vehicle distribution activities, structuring of complex transactions and joint ventures, for International companies. Academic Formation: Mr. Gutiérrez Goutréz holds an LL.M granted by the University of Pennsylvania of Philadelphia, United States of America, as from May 2001. His focus of studies centered on Business Law. In addition, he has attended various seminaries on Arbitration and mediation. He is a licensed attorney in Mexico by Universidad Nacional Autónoma de México where he graduated in August 1999.

Company

Daimler Manufactura, S.A. de C.V.

Daimler Mexico is the holding company of a group of companies in Mexico that are dedicated to the manufacturing and financing of premium passenger cars and heavy- and medium-duty trucks, which includes financial services such as vehicle financing, leasing, insurance and fleet management.

Executives frequently use the military acronym VUCA – Volatility, Uncertainty, Complexity, Ambiguity – to describe the world in which they operate. In this article, we look at some ways to...Read more

Ian Rose

VP Compliance, Volvo Trucks, Sweden

Julia Kelley

Vice President, Legal & Compliance, AB Volvo Penta, Sweden

Launching a Joint Venture - Reflections and Lessons Learned from a General Counsel Perspective

This article considers the legal complexities related to the launching of a joint venture (JV), especially from the perspective of the legal corporate function. The authors’ goal is to assist...Read more

Henri Tcheng

Head of BearingPoint firmwide Investments and M&A, BearingPoint France SAS, France

David Russell

Principal, Bearingpoint Ireland, Ireland

Andreas Schöpperle

Director, BearingPoint France SAS, France

Setting up (and investing in) Startups in Spain: A Practical Guide

More than a decade ago Spain was one of those countries in which starting a business was an experience which was very similar as undergoing a dental treatment during 2...Read more

Sancho Guibert

Associate General Counsel, Citibank, Spain

Competition Law Compliance in a Socially Distanced World

As a result of the COVID-19 Pandemic, working life has changed for millions of people. The need to keep a distance from others in order to try to limit the...Read more