Commercial litigation continues to be an active field within the Mexican legal market. Mexico City remains the hub of the country’s litigation practice, and is home to many of its leading litigators. Twenty-one practitioners are recognised in this chapter for their notable work.
Mexico currently has the most robust public debt and equity market in Latin America. Despite a slow 2014, Mexico still raised $1.7 billion in IPOs compared to only $355 million in Brazil. Mexico also kicked off the first Latin American IPO of 2015 when leasing company Unifin Financiera SAB went public in May ending a six-month dry spell. This is indicative of the stronger sentiment and economic outlook that Mexico is enjoying over its neighbours. We have listed 13 of the most prominent lawyers in the country at the moment.
Corruption and business crime continue to be issues of real importance in Mexico, as Transparency International’s corruption perception index ranked the country as 103 out of 177 countries in 2014. Currently, measures intended to reduce corruption are not necessarily dealing with these problems. In this context business crime defence continues to be an active area, where we recognise four of the top lawyers practising in this field.
Mexico is the second-largest economy in Latin America, yet it continues to have another turbulent year. The economy expanded at a moderate annual rate growth of 2.4 per cent as recovery lost momentum during the first half of 2015. Yet despite this, Banco de Mexico has signalled that higher borrowing costs in the US may lead to a similar increase in Mexico. A gradual recovery of economic activity is expected, with economic growth forecast to strengthen from 2.3 per cent in 2015 to 3 per cent in 2017. Against this backdrop 32 individuals are recognised for their expertise in banking law.
From a drawn-out period of decline that saw the country’s oldest airline carrier collapse in 2010, the Mexican aviation industry has grown considerably due, in part, to good economic growth and a widening middle-class. The commercial airline industry has also been recently bolstered by the “Open Skies” partnership with the US. Meanwhile, the country’s long-term aim of becoming one of the world’s top aviation suppliers has gained ground with the aerospace industry growing around 21 per cent higher than the average GDP over the last five years, according to PwC. With the future looking bright we have selected the 10 finest aviation practitioners in the country.
Commercial arbitration for both domestic and international disputes continues to experience rapid development in Mexico. From a historic reluctance for international arbitration embedded in the Commerce Code of 1889 and the Constitution of 1917, the growing openness to this form of dispute resolution reached a significant milestone in 2012, with the amendment to the Public-Private Partnerships Law removing the long-term requirement prohibiting arbitration in government acquisition. As a result, all federal acquisition contracts to date may be subject to domestic or international arbitration. In this chapter, we identify 22 “first rate” individuals active in the sector.
Intensive activity continues in this sector, as mediation and arbitration remain the most common required methods for dispute resolution and challenging of arbitrary government actions. Following this, private companies retain counsels to be represented before federal law courts. The following list recognises 15 dispute resolution lawyers in Mexico who are leaders in this field.
In our latest edition of Who's Who Legal: Mining we identify 407 practitioners from 248 law firms across 61 countries.
It is not possible to buy entry into any Who's Who Legal publication
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.