Nader, Hayaux & Goebel contributed to the Lexology In-Depth: Artificial intelligence and its impact on Mexico’s legal framework. The publication offers a comprehensive overview of the regulatory, institutional and judicial developments shaping the adoption of AI in Mexico during the 2024–2025 period. The article was authored by Partners Gunter Schwandt, Luciano Pérez, Alejandro Mendiola, and Of Counsel Pedro Isaac Alcalá.

The article examines the country’s evolving landscape, including the institutional reconfiguration resulting from recent constitutional reforms, the creation of the Digital Transformation and Telecommunications Agency (ATDT), and the transition from former autonomous regulators to newly established authorities. It also analyses recent legislative reforms in data protection, telecommunications and competition law that, while not designed specifically for AI, directly affect the development, deployment and governance of AI technologies.

The publication addresses key legal challenges associated with AI, such as data protection and privacy, algorithmic transparency, liability for automated decision-making, cybersecurity risks, intellectual and industrial property tensions, and the continued absence of a comprehensive national AI strategy. It further explores how Mexican courts are beginning to interpret AI-related disputes through existing legal frameworks, highlighting emerging judicial criteria.

In addition, the analysis reviews the practical implications for strategic sectors including healthcare, financial services and public security, where AI adoption is accelerating amid regulatory gaps. The article also considers the growing influence of international models—particularly developments in the European Union and North America—on Mexican regulatory debates and corporate compliance practices.

Read the full article here: here

Nader, Hayaux & Goebel is pleased to announce the addition of Diana Pineda as Partner and Pedro Lladó as Of Counsel, effective February 16, 2026.

Diana Pineda is widely recognized for her work at the intersection of energy, project development and dispute resolution. She has advised domestic and international stakeholders on high-value, complex matters across the hydrocarbons and power sectors, including regulatory strategy, project structuring and contentious proceedings. Throughout her career, Diana has represented sponsors, developers and major industry participants in sophisticated regulatory, transactional, and arbitration matters, earning a stellar reputation for her technical depth and strategic judgment.

The arrival of Diana as Partner significantly strengthens the Firm’s energy practice, particularly in mandates that require integrated regulatory, transactional and dispute resolution expertise. Her experience further enhances the Firm’s ability to support clients navigating complex legal and commercial challenges in evolving regulatory environments.

Pedro Lladó is a recognized practitioner in infrastructure and energy, with particular focus on project development and finance. He has advised sponsors, lenders and investors on complex domestic and cross-border transactions, including acquisitions, financings and the development of large-scale projects in regulated industries. His experience spans the power and oil & gas sectors, where he has participated in significant transactions involving project structuring, financing arrangements and contractual frameworks.

Pedro’s addition reinforces the Firm’s infrastructure and energy capabilities, particularly in sophisticated project development and finance matters.

Hans Goebel, Chairman of Nader, Hayaux & Goebel, commented:

“Diana and Pedro bring exceptional experience and judgment in sectors that are central to our service offering. Their arrival reflects our commitment to strengthening our energy and infrastructure platform with seasoned professionals who combine technical excellence with a deep understanding of the industries they serve.”

The addition of Diana and Pedro reinforces Nader, Hayaux & Goebel’s continued growth strategy and its commitment to expanding its sector-focused capabilities while delivering sophisticated, business-oriented advice to clients.

El 3 de febrero de 2026 la Secretaría de Hacienda y Crédito Público (“SHCP”) presentó una primera aproximación al Plan de Inversión en Infraestructura para el Desarrollo con Bienestar 2026–2030 (el “Plan”), a través de una presentación pública que describe los lineamientos generales y objetivos de la estrategia de infraestructura del Gobierno Federal para este sexenio.

De acuerdo con dicha presentación, el Plan contempla una inversión acumulada de hasta MXN 5.6 billones, a realizarse mediante esquemas de inversión pública y mixta, y busca definir prioridades sectoriales, así como orientar la participación del capital privado en proyectos estratégicos. A la fecha no se han publicado iniciativas de ley, reglas de operación ni lineamientos específicos para la implementación del Plan. 

Sectores prioritarios (según la presentación de la SHCP) 

Conforme a la información difundida, la inversión se concentraría principalmente en los siguientes sectores:

1. Energía: 54.15%
2. Trenes: 15.63%
3. Carreteras: 13.94%
4. Puertos: 6.48%
5. Salud: 6.23%
6. Agua: 2.83%
7. Educación: 0.34%
8. Aeropuertos: 0.04%

Elementos relevantes del Plan 

La presentación del Plan anticipa, entre otros, los siguientes ejes de trabajo:

Marco legal e institucional. Se menciona la posible presentación de iniciativas para armonizar el marco jurídico aplicable a la inversión en infraestructura y fortalecer los mecanismos de planeación y seguimiento de proyectos.

Vehículos de inversión. Se plantea el posible uso de fondos y estructuras especializadas orientadas a atraer capital institucional, reducir costos financieros y elevar estándares de transparencia.

Gobernanza y priorización. Se propone la creación de un Consejo de Planeación Estratégica de la Inversión, con funciones de priorización y seguimiento de proyectos.

Participación privada. Se prevén futuros esquemas de reparto de riesgos y beneficios, manteniendo al Estado como rector de los proyectos estratégicos, incluyendo la posibilidad de participación estatal mayoritaria y el uso de propuestas no solicitadas.

Ejecución y financiamiento. Se menciona la intención de uso combinado de banca de desarrollo, garantías, contratos mixtos, mercado bursátil, banca comercial y vehículos como FIBRAs y FIBRA E.

Si bien el anuncio del Plan no constituye aún un marco normativo ni operativo, resulta relevante en la medida en que anticipa la dirección de la política pública en materia de infraestructura y sugiere un potencial portafolio de proyectos y esquemas de financiamiento para los próximos años.

Nuestro equipo se mantendrá atento a la publicación de iniciativas, lineamientos y anuncios de proyectos específicos, y compartirá oportunamente con nuestros clientes cualquier desarrollo relevante conforme se vaya definiendo el alcance real del Plan.

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Para más información, favor de contactar a nuestros equipos de Energía e Infraestructura y Mercados de Capitales.

Mexican Government announces 2026–2030 Infrastructure Investment Plan

On February 3, 2026 Mexico’s Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público, “SHCP”) presented an initial outline of the Infrastructure Investment Plan for Development with Wellbeing 2026–2030 (the “Plan”), through a public presentation setting out the general guidelines and objectives of the Federal Government’s infrastructure strategy for the current administration.

According to the presentation, the Plan contemplates cumulative investment of up to the Mexican peso equivalent of approximately USD 322 billion, to be carried out through public and mixed investment structures and seeks to define sectoral priorities as well as guide private capital participation in strategic projects. As of this date, no legislative initiatives, additional regulations, or specific guidelines for the implementation of the Plan have been published.

Priority sectors (as presented by SHCP)

Based on the information disclosed, investment would be primarily allocated to the following sectors:

1. Energy: 54.15%
2. Railways: 15.63%
3. Highways: 13.94%
4. Ports: 6.48%
5. Healthcare: 6.23%
6. Water: 2.83%
7. Education: 0.34%
8. Airports: 0.04%

Key elements for the Plan 

The presentation anticipates, among others, the following strategic workstreams:

Legal and institutional framework. The Plan mentions the possible proposal of legislative initiatives to harmonize the legal framework applicable to infrastructure investment and to strengthen project planning and monitoring mechanisms.

Investment vehicles. The Plan outlines potential use of specialized funds and structures aimed at attracting institutional capital, reducing financing costs and enhancing transparency standards.

Governance and prioritization. The Plan proposes the creation of a Strategic Investment Planning Council, with functions related to project prioritization and oversight.

Private sector participation. Future risk- and benefit-sharing arrangements are anticipated, while maintaining the State’s guiding role of strategic projects, including the possibility of majority state participation and the use of unsolicited proposals.

Execution and financing. The Plan refers to the intended combined use of development banks, guarantees, hybrid contracts, capital markets, commercial banking and vehicles such as FIBRAs and FIBRA E.

While the announcement of the Plan does not yet constitute a regulatory or operational framework, it is relevant insofar as it signals the direction of public policy on infrastructure and suggests a potential project pipeline and financing structures for the coming years.

Our team will continue to monitor the publication of legislative initiatives, guidelines, and specific project announcements, and will keep our clients informed of any relevant developments as the scope of the Plan becomes more clearly defined.

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For further information, please contact our Energy and Infrastructure and Capital Markets teams.

El Consejo de Administración de la Comisión Federal de Electricidad (CFE) emitió sus Lineamientos para Proyectos de Desarrollo Mixto (los “Lineamientos“), implementando las reglas de la Ley del Sector Eléctrico y su Reglamento, y proporcionando un proceso transparente y estructurado para que la CFE colabore con empresas privadas en proyectos estratégicos de generación de energía e infraestructura relacionada. Los Lineamientos definen cómo se proponen, evalúan, estructuran, aprueban, gestionan y gobiernan los proyectos para equilibrar su viabilidad técnica, sostenibilidad financiera y los objetivos de política pública, incluyendo la planeación vinculante de la Secretaría de Energía y el Plan de Desarrollo de la CFE.

Las características principales de los esquemas de inversión mixta bajo los Lineamientos son:

• Participación Mayoritaria: La CFE debe poseer al menos el 54% del capital social (o participación equivalente) en el vehículo del proyecto — directo o indirecto —, formalizándose dicha participación a más tardar 180 días hábiles después del inicio de las operaciones comerciales.

• Formas de Contribución: La participación de la CFE puede realizarse a través de efectivo, activos en especie, derechos, permisos u otras bienes tangibles/intangibles.

• Vehículos para la Participación Conjunta: Los proyectos de inversión mixta pueden desarrollarse utilizando sociedades mercantiles, fideicomisos o asociaciones en participación (asociaciones contractuales sin personalidad jurídica). La CFE puede participar en estos vehículos directamente, a través de subsidiarias o fideicomisos.

• Riesgos de Construcción y Operación: El contrato establecerá la distribución de riesgos y responsabilidades para la construcción y operación del proyecto entre el particular y la CFE.

• Modelos Financieros: Los Lineamientos establecen el contenido mínimo para los modelos financieros de los proyectos a desarrollar a través de esquemas de inversión mixta, incluyendo CAPEX, OPEX, flujo de efectivo, métodos de valuación e indicadores, tipos de cambio, tasas de interés, año base para la evaluación, horizonte de inversión, horizonte de operación, escenarios de generación, ingresos, costos y factores de financiamiento, obligaciones fiscales y análisis de riesgos, entre otros.

Al igual que otros esquemas de contratación y adquisición gubernamental, los Lineamientos establecen licitaciones públicas, invitaciones restringidas/proceso competitivo para adjudicación y adjudicaciones directas como procedimientos para adjudicar contratos para proyectos de inversión mixta. Es importante destacar que los Lineamientos permiten a la CFE adjudicar un contrato directamente cuando una empresa privada particular sea propietario o titular o tenga derechos sobre los activos materiales, como permisos, autorizaciones, bienes inmuebles, derechos sobre bienes raíces, equipos primarios y patentes.

Cabe destacar que los Lineamientos otorgan un margen muy limitado para la negociación de los contratos que rigen los esquemas de inversión mixto. Sin embargo, permiten a la CFE establecer la ley aplicable, sin restringirla a la ley mexicana, y al arbitraje para resolver disputas, sin restringirlo a organizaciones o reglamentos de arbitraje domésticas o a cualquier organización o reglamento de arbitraje extranjera o internacional en particular. También tienen un lenguaje amplio que permite que las controversias técnicas se resuelvan mediante determinación de peritos, sin especificar un mecanismo particular.

La CFE tiene el derecho preferente para adquirir la energía y los productos asociados producidos por los proyectos de inversión mixta. La energía no requerida por la CFE podrá ser comercializada, típicamente a través de la representación de la CFE en el Mercado Eléctrico Mayorista (MEM), de acuerdo con los términos contractuales y la normatividad aplicable.

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Si requiere información o asesoría en relación con esta nota, favor de contactar a nuestro equipo de energía: [email protected].

The Board of Directors of CFE Issues Guidelines for Mixed Development Project, Implementing Recent Legislation and Regulations

The board of directors of the Federal Electricity Commission (CFE) issued its Guidelines for Mixed Development Projects (the “Guidelines”), implementing the rules in the Power Sector Law and its Regulations and providing a transparent and structured process for CFE to engage private companies in strategic power generation and related infrastructure projects. The Guidelines define how projects are proposed, evaluated, structured, approved, managed, and governed to balance technical feasibility, financial sustainability, and public policy goals, including the Ministry of Energy’s binding planning and CFE’s Development Plan.

Core features of mixed-investment structures under the Guidelines are:

• Majority Participation: CFE must hold at least 54% of the equity (or equivalent interest) in the project vehicle — direct or indirect — with this ownership formalized by no later than 180 business days after commercial operations begin.

• Contribution Forms: CFE’s participation can be realized via cash, in-kind assets, rights, permits, or other tangible/intangible contributions.

• Vehicles for Joint Venture: Mixed investment projects can be developed using commercial companies, trusts, or asociaciones en participación (contractual associations without legal personality). CFE may participate in these vehicles directly, through subsidiaries, or trusts.

• Construction and Operation Risks: The contract will establish the distribution of risks and responsibilities for the construction and operation of the project among the private party and CFE.

• Financial Models: The Guidelines establish the minimum content for financial models for projects to be developed through mixed-investment structures, including CAPEX, OPEX, cash flow, valuation methods and indicators, foreign-exchange rates, interest rates, base year for evaluation, investment horizon, operation horizon, generation scenarios, revenue, financing costs and factors, tax obligations, and risk analyses, among others.

Like other government contracting and procurement frameworks, the Guidelines establish public tenders, restricted invitations/competitive adjudication, and direct awards as procedures to award contracts for mixed-investment projects. It is important to highlight that the Guidelines allow the CFE to award a contract directly when a particular private company owns or has rights over the material assets, such as permits, authorizations, real property, real estate rights, primary equipment, and patents.

Notably, the Guidelines give a very limited margin for the negotiation of contracts governing mixed-investment structures. However, they allow CFE to establish applicable law, without restricting it to Mexican law, and arbitration to solve disputes, without restricting it to domestic arbitration organizations or rules or any particular foreign or international arbitration organizations or rules. They also have broad language allowing for technical disputes to be resolved by expert determination, without specifying a particular mechanism.

CFE has the preferential right to acquire the energy and associated products produced by mixed-investment projects. Energy not required by CFE may be
marketed, typically through CFE’s representation in the Wholesale Electricity Market (MEM), in accordance with contractual terms and applicable regulations.

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If you require information or advice regarding this note, please contact our energy team: [email protected].

A partir del 28 de octubre de 2025, fecha en la que se publicó en el Diario Oficial de la Federación el Decreto por el que se establecen facilidades administrativas para regularizar los títulos de concesión y asignación otorgados a los usuarios de aguas nacionales que se indican y durante los siguientes tres meses, aquellas concesiones de aguas nacionales para usos doméstico, agrícola, pecuario, de acuacultura, y asignaciones para uso público urbano, cuya vigencia hubiesen expirado entre el 1 de octubre de 2017 y el 1 de marzo de 2025, podrán ser renovadas, a pesar de no haber sido prorrogadas conforme a los plazos de ley, siempre y cuando se cumplan con los siguientes criterios de elegibilidad:

• Calidad del solicitante. Reunir el criterio de titularidad de la concesión o asignación correspondiente, o de causahabiencia por sucesión. Si el titular de la concesión falleció, los títulos pueden ser objeto de regularización siempre que se acrediten derechos sucesorios.

• Continuidad. Debe existir continuidad en el ejercicio de los derechos de explotación, uso y/o aprovechamiento de aguas nacionales durante los últimos dos años, acreditando además que las obras de extracción se encuentran debidamente equipadas para su operación.

• Derechos inmobiliarios. Acreditar la propiedad o la posesión de los predios en los que se ubiquen las obras de extracción.  

• Umbral volumétrico. Para el caso de concesiones, los títulos no deben exceder de 500,000 m³ anuales. En el caso de asignaciones en favor de entidades federativas o municipios, la regularización aplica a todos los títulos sin límite en el volumen.

• Existencia de antecedentes registrales. Los títulos deberán contar con asiento registral o antecedente en el Registro Público de Derechos de Agua.

• Oportunidad. La adhesión al decreto podrá hacerse hasta el 28 de abril de 2026. Las solicitudes de regularización presentadas fuera de este plazo serán improcedentes.

La regularización será improcedente en aquellos casos claramente establecidos en el decreto.

Los títulos que se regularicen mediante la adhesión al decreto no podrán ser objeto de un cambio en el uso de agua. En la resolución se tomará en cuenta la disponibilidad del recurso según los Acuerdos publicados en el Diario Oficial de la Federación.

En Nader, Hayaux & Goebel contamos con un equipo de abogados especializados en derecho administrativo y recursos hídricos que puede responder a sus dudas o inquietudes sobre el decreto, así como brindar el acompañamiento legal necesario para regularizar su título.

Contáctenos en [email protected]

Critical Months Ahead: An Exceptional Window to Regularize Water Rights

As of October 28, 2025, when the decree establishing administrative simplification measures for the regularization of concession and allocation titles granted to listed national water users was published in the Official Gazette of the Federation and throughout the next three months, waters concession titles allocated for domestic, agricultural, livestock, and aquaculture use, as well as water right titles granted for urban public use, whose term expired between October 1, 2017 and March 1, 2025 may be renewed, despite not been extended in due time pursuant to applicable legal provisions, provided the following eligibility criteria is met:

• Legal standing. Petitioners must be holders of title of water rights or legal successors thereof. If the concession titleholder is deceased, but succession rights can be evidenced, the water rights titles may be subject to renewal.

• Continuity in the exercise of the exploitation, use, or harness of water rights for the past two years. Additionally, the petitioner must demonstrate that the extraction points are properly equipped for their operation.

• Real estate rights. Petitioners must prove ownership or possession of the property on which the extraction point is located.

• Volume threshold. Concession titles shall not exceed 500,000 m³ per year. For water allocations in favor of states or municipalities, all titles are eligible for regularization without any volume limitation.

• Previous registration history. The titles must be registered or hold a record in the Public Registry for Water Rights.

• Timeliness. Adherence to the decree may occur until April 28, 2026. Any petition for regularization filed thereafter will be inadmissible.

Regularization will be rejected in those cases clearly outlined in the decree.

Regularized titles as per the decree cannot be subject to water use changes. The regularization resolution will take into consideration the availability of the resource in accordance with the applicable legal instruments published in the Official Gazette of the Federation.

At Nader, Hayaux & Goebel we have a team of lawyers that specialize in administrative law and water resources who can answer your questions or concerns about the decree, as well as provide the necessary legal support for title regularization.

Please contact us at [email protected]

Nader, Hayaux & Goebel (NHG) advised Tecnologías Rappi on the sale to Grupo Financiero Banorte of the totality of its shares in Tarjetas del Futuro the company that operates Rappicard in Mexico, for USD 50 million. The transaction also included the execution of an exclusive 15-year commercial agreement between the parties, marking a strategic shift in their relationship within the Mexican fintech and financial services market.

NHG’s role encompassed comprehensive legal advice on the structuring and execution of the transaction, which involved the restatement and amendment of various agreements originally executed in 2020. The deal required the transfer of equity, software, and the restructuring of financing arrangements, as well as the transition from a joint venture structure to a long-term commercial relationship. The closing of the transaction is subject to certain conditions precedent, including obtaining approval from the Mexican antitrust authority.

NHG’s participation in this transaction underscores the firm’s strength in handling complex M&A and fintech transactions involving innovative deal structures and highly regulated industries. This transaction highlights NHG’s ability to support leading technology companies in strategic transactions with major financial institutions and reinforces its position as a trusted legal advisor on high-value, market-shaping deals in Mexico.

El cambio de uso de suelo en terrenos forestales (CUSTF) es una de las autorizaciones ambientales con mayor impacto regulatorio y financiero para proyectos de infraestructura, energía, inmobiliarios e industriales. Además del procedimiento de autorización, la legislación forestal exige el pago de una compensación ambiental, cuyo monto se determina por hectárea y con base en costos de referencia emitidos por la Comisión Nacional Forestal (CONAFOR).

En relación con el referido pago por compensación ambiental, el 26 de diciembre de 2025 la CONAFOR publicó en el Diario Oficial de la Federación un nuevo acuerdo que actualiza de manera generalizada los costos de referencia, sustituyendo los valores vigentes desde marzo de 2023. La actualización tiene enorme relevancia en la planeación financiera y viabilidad de proyectos que requieran autorizaciones para el CUSTF, ya que los aumentos en los montos a pagar oscilan por hectárea entre 240% y 450%, dependiendo del tipo de ecosistema en el cual se pretenda llevar a cabo el CUSTF.

Estos nuevos valores serán utilizados por la CONAFOR para determinar los montos a depositar en el Fondo Forestal Mexicano como condición para la obtención de autorizaciones de CUSTF, a partir del 12 de enero de 2026.

La magnitud de estos incrementos refuerza la necesidad de revisar proyectos en curso, reevaluar presupuestos y ajustar estrategias regulatorias, particularmente en etapas tempranas de planeación, a fin de evitar impactos financieros relevantes o retrasos en la obtención de autorizaciones.

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En Nader, Hayaux & Goebel contamos con un equipo de abogados especializados en derecho administrativo y recursos hídricos que puede responder a sus dudas o inquietudes sobre el pago por compensación ambiental forestal y las autorizaciones ambientales y consentimientos de terceros ligados al cambio de uso de suelo forestal. Contáctenos a [email protected].

Change in Forest Land Use: Environmental Compensation Costs Skyrocket

The forestry land use change (FLUC) authorization is a core environmental permission with outstanding regulatory and financial impact on infrastructure, energy, real estate, and industrial projects. Along with the authorization proceeding, forestry legislation requires the payment of an environmental compensation, which is determined per hectare and based on reference costs issued by the National Forestry Commission (CONAFOR), per its Spanish acronym).

With regard to the aforementioned environmental compensation payment, on December 26, 2025, CONAFOR published a new agreement in the Official

Gazette of the Federation that updates the reference costs, replacing values in place since March 2023. The update is highly relevant to the financial planning and viability of projects requiring FLUC authorizations, as the increases in the reference costs range from 240% to 450% per hectare, depending on the type of ecosystem in which the FLUC is to be carried out. The new values will be used by CONAFOR to determine the amounts to be deposited in the Mexican Forest Fund as a condition for obtaining FLUC authorizations, effective January 12, 2026.

The magnitude of these increases reinforces the need to review ongoing projects, reevaluate budgets, and adjust regulatory strategies, particularly in the early stages of planning, in order to avoid significant financial impacts or delays in obtaining authorizations.

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At Nader, Hayaux & Goebel, we have a team of attorneys specializing in administrative law and water resources who can answer your questions or concerns about forestry environmental compensation and environmental authorizations. Please contact us at [email protected].

Nader, Hayaux & Goebel (NHG) is pleased to announce the promotion of Fernando Castillo and Jorge Bojalil to Partners, effective January 1, 2026.

Fernando Castillo has extensive experience in project finance, infrastructure and real estate. His practice focuses on advising domestic and international sponsors, developers, financial institutions, investors, multilateral agencies and government entities on complex financings, structured transactions and strategic investments in Mexico and in cross-border contexts.

Fernando has been involved in some of NHG’s most significant infrastructure and real estate projects, supporting clients throughout the full lifecycle of their investments—from structuring and financing to execution and exit. He is widely recognized for his technical depth, strategic insight and ability to deliver comprehensive solutions on highly sophisticated matters. His promotion underscores NHG’s commitment to excellence, long-term growth and the continued strengthening of its project finance and real estate capabilities.

Jorge Bojalil, a senior member of the Firm’s corporate practice, has developed a solid reputation advising on complex corporate transactions, restructurings and insolvency matters. His experience includes advising domestic and international clients on acquisitions of assets and debt, restructuring and workout processes, financings and debt issuances, as well as on the acquisition and sale of Mexican companies and the structuring of investment platforms for multinational groups.

Throughout his career at NHG, Jorge has played a key role in sophisticated transactions across multiple industries, consistently demonstrating strong technical capabilities, a practical approach and the ability to efficiently manage complex matters while aligning legal strategy with clients’ business objectives. His promotion reflects the Firm’s continued commitment to developing talent from within and further strengthening its corporate, restructuring and insolvency practice.

NHG Chairman Hans Goebel stated:

“The promotion of Fernando and Jorge to the partnership reflects the Firm’s long-standing commitment to developing exceptional talent from within. Fernando’s appointment as Partner underscores our strategic focus on further strengthening and expanding our capabilities in project finance, infrastructure, and real estate. His proven track record in structuring and executing sophisticated financings and investments across sectors such as transportation, energy, water and hospitality adds significant depth and scale to our transactional platform. Jorge’s elevation to the partnership recognizes his outstanding ability to advise investors, creditors and companies on highly complex restructuring, insolvency, financing, and M&A matters. His technical excellence, commercial judgment, and leadership have made him a trusted advisor to clients and a key contributor to the Firm’s growth.”

The promotion of Fernando and Jorge reinforces NHG’s position as a leading firm in corporate, transactional, restructuring, project finance and real estate matters. Their expertise and leadership are expected to further enhance the Firm’s ability to deliver high-quality, tailored legal solutions and to continue providing exceptional value to our clients.

La Comisión Nacional del Agua (CONAGUA) continuará trabajando este periodo vacacional decembrino recibiendo, substanciando, resolviendo, realizando la inscripción y la notificación de trámites, tales como: solicitudes de concesiones o asignaciones de aguas nacionales y bienes inherentes cuya administración recae en dicha Comisión, permisos de descarga de aguas residuales en cuerpos receptores nacionales, prórrogas, interrupciones de caducidad de derechos inutilizados, así como otro tipo de autorizaciones y permisos a cargo del área de Administración del Agua de dicha Comisión.

De conformidad con el Acuerdo por el que se habilitan días declarados como inhábiles, para los actos y procedimientos administrativos que se indican, tramitados ante la Comisión Nacional del Agua en el año 2025, publicado el pasado 18 de diciembre en el Diario Oficial de la Federación, el titular de la CONAGUA ha habilitado los siguientes días del mes de diciembre de 2025 y de enero de 2026, que previamente habían sido declarados como inhábiles por un similar de la titular de la Secretaría de Medio Ambiente y Recursos Naturales:

  De diciembre de 2025: los días 18, 19, 22, 23, 24, 26, 29, 30 y 31.

  De enero de 2026: el día 2.

El Acuerdo adquiere relevancia toda vez que, según datos oficiales emitidos en septiembre de 2025 por la propia CONAGUA, el rezago administrativo alcanzaba los 145,000 trámites. Además, es previsible que esa cifra haya incrementado considerablemente en los últimos días por trámites ingresados de último momento para tratar de mantener ciertos derechos y prerrogativas sustentados en la Ley de Aguas Nacionales previo a su reforma sustancial, publicada el 11 de diciembre de 2025 en el DOF; particularmente en el marco del artículo Transitorio Tercero de la reforma Ley de Aguas Nacionales que a la letra señala que:

“Los trámites que se encuentren pendientes de resolución por parte de la Comisión Nacional del Agua al momento de la publicación del presente Decreto, se resolverán en términos de la normatividad vigente al momento de su presentación.”

Para más información al respecto, se sugiere consultar la nota informativa preparada por NHG: Giro de timón en la regulación del agua en México.

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En Nader, Hayaux & Goebel contamos con un equipo de abogados especializados en derecho administrativo y recursos hídricos que puede responder a sus dudas o inquietudes sobre este Acuerdo, así como brindar el acompañamiento legal necesario para la protección y mantener vigentes sus derechos de aguas nacionales. Contáctenos a equip[email protected]

Mexico’s Federal Water Authority races against clock to clear backlog

The National Water Commission (CONAGUA) will continue working throughout the winter holiday season, receiving, processing, registering and notifying administrative filings such as: requests for water allocations and occupation rights over assets under the administration of CONAGUA, wastewater discharge permits, extensions of tenures, non-forfeiture procedures for unused water rights, as well as other authorizations and permits overseen by CONAGUA’s Water Administration departments.

In accordance with the “Order authorizing days previously declared as non- working days, for administrative acts and proceedings processed before the National Water Commission during 2025”, published on December 18, 2025 in the Official Gazette of the Federation, the head of CONAGUA enabled days previously declared as non-working days, under a similar decree issued by the Federal Ministry of Environment and Natural Resource, for processing purposes. The enabled days in December 2025 and January 2026 are:

  December 2025: 18, 19, 22, 23, 24, 26, 29, 30 and 31.

January 2026: 2nd

This Order becomes relevant given the administrative backlog of approximately 145,000 files pending resolution as per official information published by CONAGUA back in September 2025. This number is expected to have materially increased in the previous days prior to the substantial reform to the water legal framework published in the Gazette on December 11, 2025, due to last minute filings attempting to preserve rights and prerogatives prior to the change in law, pursuant to the third transitory legal provision, which establishes that:

“Filings pending resolution by the National Water Commission at the time of publication of this Legislative Decree shall be resolved pursuant to the legal framework in force at the time of their submission.”

For further information on this matter, please refer to NHG’s client alert: Changing Waters: Navigating Mexico’s New Water Legislation.

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At Nader, Hayaux & Goebel, we have a team of specialized lawyers in administrative and water resources law who can answer your questions or concerns about this Order, as well as provide the necessary legal advice for

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