NOVEMBER 2010 EDITION ARCHIVE

• • Legal Updates

    EDITORS’ NOTE

    Cacheaux, Cavazos & Newton (CCN) is pleased to announce the launching of three new websites that readers of the CCN Mexico Report may find of interest. The first new site is www.MexicanLaw.com, which is an English language portal featuring essential resources on Mexican law, government agencies and useful links. The second new site, www.MexicoReport.com, offers all of the prior editions of the CCN Mexico Report™ and a feature that allows readers to quickly locate articles using a key word... [Read More]

  • PRACTIQUE LEGAL - The Reality of Commercial Arbitration in Mexico

    Legal experts in the field of alternative dispute resolution (ADR) would define commercial arbitration as that activity that materially substitutes for judicial proceedings in the resolution of commercial disputes. The attractiveness of arbitration proceedings, as compared to standard litigation in courts, is the possibility that in a flexible proceeding, which can be adapted to the type of conflict existing between the parties, a faster and efficient resolution of the dispute may be obtained, as... [Read More]

  • 300 Palabras - Violence vs. Economics

    By Dr. Mario Melgar-Adalid  The most newsworthy topic in Mexico has been the violence that has resulted from the struggle against organized crime, particularly the fight against narco-trafficking cartels. The capture of important organized crime figures has generated a vicious cycle of death, in addition to the fighting among competing criminal organizations,, particularly in the Mexican states along the U.S. border. The recent killing (after an attempted capture) of “Tony Tormenta”... [Read More]

  • Recent Case Decision – Strict Interpretation of Collective Labor Agreements

    Mexico’s Supreme Court of Justice (Suprema Corte de Justicia de la Nación or SCJN) recently published case Lumber 2a./J. 128/2010 in the Judicial Weekly of the Federation entitled, “Collective Labor Agreements. Clauses providing for compensation payments to employees in excess of amounts established in the Federal Labor Law (Ley Federal del Trabajo) shall be strictly interpreted.” In such case, the SCJN establishes that applicable labor law must be interpreted in accordance... [Read More]

  • Business & Politics Outlook

    Political Thermometer

    With less than two years before the 2012 Presidential Election, the political topic of the day in Mexico is who will succeed Felipe Calderon. Polls continue to show the governor of the State of Mexico, Enrique Peña Nieto, as the leading potential candidate, and his Institutional Revolutionary Party (PRI) as the front running party in general. One of the most significant political events that will precede the 2012 presidential election will be the election to replace Peña Nieto as Governor... [Read More]

  • Economic Indicators

    Economic Indicators

    The following are economic indicators as of November 18, 2010:

    Pesos/Dollar Exchange Rate: $12.2924 pesos per dollar.

    Mexican Stock Exchange: The Mexican Stock Exchange (BMV) closed at 36,322.12 points.

    Interest Rates: The Average Interbank Interest Rate (TIEE) for a 28-day period was at 4.8625%.

  • Mexico IP Info

    IP Notes – Use of Symbols and Elements that Cause Confusion Are Considered Unfair Competition

    Since 2006, Mexico’s Industrial Property Law (Ley de la Propiedad Industrial) has provided, in article 213, section XXVI, protection to the so called “trade dress.” In this manner, the law provides that the “use of a combination of distinctive symbols, operative elements and images, which allows for equal or similar products or services to be confused with others protected by this Law and by their use cause or induce confusion, mistake or deceive the general public, for having... [Read More]