There is a long-standing tradition of challenging administrative decisions in Mexico and private companies regularly retain counsel to represent them in appeals before the federal courts. We recognise 10 dispute resolution lawyers specialising in this field.
In August 2014 a new set of energy reforms became law in Mexico, lifting the country’s 75-year embargo of its oilfields from foreign companies. The bill, which included nine new laws and amendments to existing laws, aims to increase transparency, competition and growth in the Latin American region, with Mexican president Enrique Peña Nieto already promising an oil output of 3 million barrels per day by 2018: an increase of 20 per cent. With the new laws breaking the restriction on foreign investors – as well as allowing domestic private oil and gas firms more access to the country’s major energy reserves – energy lawyers are becoming increasingly busy. We list 20 of the “most well-regarded” specialists in Mexico.
Following a round of tax reforms by the government, including the cancellation of the previously proposed phased corporate tax cuts, 2014 has proven to be an extremely busy year for legal practitioners. With compliance work a growth area for many, the pace of activity is unlikely to slow for the foreseeable future. In this chapter, 29 lawyers are featured.
Our new Private Funds publication comprises a total of 459 practitioners from 164 firms in 45 countries who are considered leaders in this field of law. In this section, we have highlighted seven onshore firms and three offshore firms as leading global players due to the high number of listings they receive. Dechert stands out for its impressive array of leading lawyers across the firm’s offices in the US, Europe and Asia; Kirkland & Ellis, Simpson Thacher & Bartlett and Proskauer Rose all deliver pre-eminent transatlantic offerings; Sidley Austin is a powerhouse in the US; and King & Wood Mallesons is strongly placed in Europe and Asia. Offshore firms represent a significant market share in our research, with Maples and Calder, Walkers and Mourant Ozannes standing out in particular. We also select the most highly regarded individuals in the world, including the top five lawyers in New York and London, as well as the five leading offshore practitioners.
The private funds sector has undergone radical change over the past few years. The decline in market liquidity during the recession and an increasingly strict regulatory environment has created a significant amount of uncertainty among investors and managers. Despite this, the cautious optimism observed in last year’s edition has turned into growth that promises the return of pre-crash figures in some sectors. In addition, the end of the AIFMD transitional period in July 2014 means that the industry can now get some traction, even if observers are still largely unsure how the market will evolve in this new environment.
With the benefit of over 17 years of research encompassing tens of thousands of votes from clients and private practitioners, as well as hundreds of hours of interviews with legal professionals around the world, Who’s Who Legal offers an overview of the recent trends and developments in the global banking legal market.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.