CIP Americas covered a congressional proposal of financial reforms in Mexico aimed to increase competition in the banking sector and create incentives for lending. Critics argue that the reforms could increase consumer debt in Mexico, leading to publicly funded bailouts of foreign-owned banks.
Among the key objectives of the bill is "improving trial procedures seeking faster resolution of controversies and granting enhanced rights to lenders through the courts, which are likely to expedite collections," according to Gardere Attorneys Roberto Arena, Charles E. Meacham, Marco Nájera and Joaquín Pani of the Mexico and Latin America Practice Group.
Access to the full article can be found here.
People
Related News
July 2, 2025
In the News
John Strom and Peter Tomasi Quoted on Shift in Environmental Policy
Foley & Lardner LLP attorneys John Strom and Peter Tomasi commented on changes to federal environmental rules in the Utility Dive article, "Federal agencies, including FERC and DOE, revoke environmental review rules."
June 30, 2025
In the News
Lynn Gandhi Assesses Midyear Takeaways from Major State and Local Tax Cases
Foley & Lardner LLP partner Lynn Gandhi is featured by Law360 for her takeaways on major state and local tax cases in the article, "Top State & Local Tax Cases Of 2025: Midyear Report."
June 27, 2025
In the News
Donald Schroeder Highlights FMCS Importance Amid Service's Uncertain Future
Foley & Lardner LLP partner Donald Schroeder described the Federal Mediation and Conciliation Services' (FMCS) importance in the Law360 article, "As Feds' Bargaining Mediator Ails, New Services Emerge."