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News

2020

25

May 25, 2020

Competition and Antitrust

Newsflash - Specialized Competition Court rules that COFECE is the competent authority to review the Uber/Cornershop transaction

The First Collegiate Circuit Court Specialized in Competition, Broadcasting and Telecommunications Matters (the “Specialized Court”) ruled on May 21 that the Federal Commission of Economic Competition (“COFECE”) is the competent authority to review the proposed acquisition...
20

May 20, 2020

Energy and Infrastructure Projects

Newsflash - SENER issues a policy on reliability, safety, continuity and quality of the National Electrical System

On May 15, 2020 the Ministry of Energy (“SENER”) published the “Official Communication that issues the Policy on Reliability, Safety, Continuity and Quality of the National Electrical System” (the “Official Communication”)(1), which entered into force on May...
18

May 18, 2020

Tax

Newsflash - June 1, 2020 – VAT rules on digital services come into force

On June 1, 2020 new value-added tax (“VAT”) regulations for digital services provided by non-Mexican residents will come into effect.  New Chapter III BIS of the VAT Law establishes a new tax regime applicable to the following digital services when rendered by non-Mexican tax...
18

May 18, 2020

Capital Markets

IFLR Americas Awards 2020 recognizes Ritch Mueller in Capital Markets

On May 14, IFLR announced the winners of the IFLR Americas Awards 2020, recognizing Ritch Mueller as the "National Firm of the Year in Capital Markets in Mexico".  In its announcement, IFLR highlighted the work of the firm in different transactions such as the €400 million offering by...
12

May 12, 2020

Compliance, Anti-corruption and Investigations

Newsflash - Guidelines for the Prevention and Detection of Operations with Illegally Obtained Resources in the Financial System derived from Acts of Corruption

The National Banking and Securities Exchange Commission (Comisión Nacional Bancaria y de Valores) has published the Guidelines for the Prevention and Detection of Operations with Illegally Obtained Resources in the Financial System derived from Acts of Corruption (“Guidelines”)...
12

May 12, 2020

Competition and Antitrust

Newsflash - COFECE issues recommendations in relation to CENACE´s Official Communication

On May 6, 2020, the Federal Commission of Economic Competition (“COFECE”) issued recommendations regarding the official communication issued by the National Energy Control Center ("CENACE") on April 29, 2020, aimed at guaranteeing the efficiency, quality, reliability, continuity and...
12

May 12, 2020

Banking and Finance

RITCH MUELLER COVID-19 NEWSFLASHES

Below you will find all the relevant news up to now, related to the COVID-19: COFECE issues recommendations in relation to CENACE´s Official Communication CENACE issues an official communication to guarantee the reliability of the National Electrical System Amendments to Provisions...
11

May 11, 2020

Ritch Mueller

Newsflash - CENACE issues an official communication to guarantee the reliability of the National Electrical System

On April 29, 2020 the National Energy Control Center ("CENACE") published an Official Communication to guarantee the efficiency, quality, reliability, continuity and safety of the National Electrical System (“SEN”), in light of the SARS-CoV2 virus pandemic (COVID-19) (the "Official...
08

May 08, 2020

Energy and Infrastructure Projects

Servicios Compresión de Gas CA-KU-A1’s VAT Loan Facility

Ritch Mueller represented Banco Nacional de Comercio Exterior in a VAT loan facility to Servicios Compresión de Gas CA-KU-A1, to finance value added taxes during the construction of the offshore gas compression platform known as “CA-KU-A1” in the Ku-Maloob-Zaap oil field in...
07

May 07, 2020

Energy and Infrastructure Projects

Servicios Compresión de Gas CA-KU-A1’s Syndicated Loan Facility

Ritch Mueller represented ING and Mizuho, in connection with a USD$403.8 million syndicated loan, granted to Servicios Compresión de Gas CA-KU-A1, for the construction, development and operation of an offshore gas compression platform known as “CA-KU-A1” in the Ku-Maloob-Zaap oil...
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