Etiqueta: liquidation

7 points you should know about the new rules to dissolve and liquidate a company in Mexico.

Today a decree that amends various articles of the General Corporations Law (“GCL”) was published in the official journal. The decree pertains to certain new rules as to the dissolution and liquidation process of enterprises in Mexico. The amendments are summarized as follows: I. A new cause for the dissolution of enterprises is acknowledged by... Leer más →

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Mexican senate approves reform decree to expedite the liquidation of enterprises.

The Mexican senate approved a draft decree to amend the General Corporations and Partnerships Law ("GCPL") aimed at establishing a simplified procedure to dissolve and liquidate commercial corporations, in order to expedite such process and reduce the costs associated therewith. Mexican senators argued that the process of dissolving a company is expensive and burdensome. Hence,... Leer más →

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