NHG LATEST DEALS
NHG represented I&D International
NHG acted as Mexican counsel to I@D International in connection with its investment in the capital stock of Neximo Holding SAS, the controlling company of a Mexican real estate broker entity. The transaction required a highly complex and specialized corporate and regulatory due diligence, as well as several regularization acts of the Mexican company. Link
Deal team: Partners Julián Garza C., Michell Nader S., Adalberto Valadez H. and associates Paulina Bracamontes B and Ileana García and Law Clerk Regina Yarto.
NHG represented BBVA Bancomer
NHG advised BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, Banco Nacional de Comercio Exterior, S.N.C., Institución de Banca de Desarrollo and SabCapital, S.A. de C.V., SOFOM, ER as joint lenders, together with BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer, as administrative and collateral agent, on a secured financing for an amount of USD$145,000,000.00 in favor of Promotora Atardeceres del Pacífico, S. de R.L. de C.V. for the construction of a hotel Dayforia by Live Aqua in Puerto Vallarta. Link
Deal team: Partners Eduardo Villanueva, Michell Nader, associate Agustín Dartigues and law clerk Fernando Villalón
REGULATORY UPDATES
- A) DOF: Relevant Publications in the Official Gazette of the Federation (Diario Oficial de la Federación)
- B) CONAMER: Relevant Drafts in the National Commission for Regulatory Improvement (Comisión Nacional de Mejora Regulatoria)
- C) CONGRESO DE LA UNIÓN: Relevant Bills introduced before the Mexican Congress
NEWSLETTERS
Gunter Schwandt and Jenny Ferrón
On September 7, the National Commission of the Retirement Savings System published amendments and additions to the general provisions on financial matters of the retirement savings systems, known as the Sole Financial Circular. Link
SPECIALIZED PUBLICATIONS
Projects and Construction Review (The Law Review 2020)
Vanessa Franyutti and Santiago Medina
The 10th edition of The Projects and Construction Law Review was recently published, providing an overview of the Mexican market by Partners Vanessa Franyutti and Santiago Medina. Link
The Insurance and Reinsurance (The Law Review 2020)
There have been abusive practices from certain reinsurers and markets and their advisers that have created additional tension and concerns from the Mexican market; there is also raised awareness from the cedents on the enormous risks they are facing by permitting these ‘fronting’ arrangements that may seem to be profitable but undertake high risks. Link
NHG BREAKING NEWS
Chambers & Partners Latin America Rankings 2021
Nader, Hayaux & Goebel
Proud to be recognized by Chambers and Partners LATAM 2021 rankings. We are excited to share that we maintain six of our core practices in Band 1, and that we have 25 individual rankings, including six acknowledged as Individual Star or Band 1. Link
Webinar “New investment rules of the Afores and their impact on the Mexican market”
María Ariza, Eduardo Turner, Bernardo González and Michell Nader
An excellent panel with María Ariza, CEO of BIVA MX, Bernardo González Rosas, President of Amafore, Eduardo Turner Gonzalez, VP Investment Banking at Credit Suisse, and our partner Michell Nader where they analyzed the modifications to the investment rules of the Afores. Link
LATAM Reinsurance Claim Webinar
Mattos Filho, Allende & Brea and Nader, Hayaux & Goebel (Yves Hayaux-du-Tilly L. & Luciano Pérez)
Mattos Filho, Allende & Brea and Nader, Hayaux & Goebel provided key updates on the claims reinsurance market in the main jurisdictions in Latin America, including the consequences and reaction deriving from the COVID-19 Pandemic.
