Commerce between the United States and Mexico has gone on for centuries, write Charles A. Beckham Jr. and Dr. Luis Manuel C. Méjan. What has changed is the scale of the volume of goods and services exchanged across the border and the laws applicable to that mercantile trade. Mexican insolvency laws attempt to thread the needle between balancing creditors' rights, debtors' needs and the legal realities of trade conducted by merchants in different legal regimes, but the regulations can be confusing for in-house counsel trying to navigate between the two countries' systems.
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A Guide to Navigating Mexican Insolvency for U.S. Creditors
Texas Lawyer
February 20, 2012
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