According to the Los Angeles Times, Mexican officials have estimated the amount of laundered money in the Mexican economy at $50 billion annually—three percent of the legitimate Mexican economy. The CIA World Fact Book labels Mexico as a “major drug-producing
Latin American Blog
Legal Issues Affecting the Hispanic Latino Market & Hispanic Latino Companies
The Latin American Blog, published by Sheppard, Mullin, Richter & Hampton LLP, focuses on legal developments and regulatory issues affecting Latin America. It covers topics such as infrastructure concessions, international trade agreements like NAFTA and USMCA, sanctions enforcement and compliance, foreign investment reviews including CFIUS, and cross-border commercial transactions. The blog addresses government policies, enforcement trends, and dispute resolution relevant to businesses operating in or with Latin American countries. It also highlights sector-specific matters including transportation, energy, and customs compliance, providing insights into legal risks and strategic considerations in the region.
Latest from Latin American Blog - Page 7
Beyond the Checklist: Seven Keys to Effective Trade Due Diligence
By Thad McBride & Mark Jensen
Anti-corruption due diligence can be vexing even in the best of conditions; it is often made more complicated by time and business pressures that arise in the context of a merger or acquisition or an urgent sales opportunity. Anti-corruption compliance…
Sovereign Litigation in Latin America: Top Five Issues To Think of When Doing Business With a Latin American Country
“We are in the soup” exclaimed, federal judge Thomas Griesa, referring to Argentina allegedly defaulting on its sovereign bonds. And so we are.
According to bondholders, on July 30 of 2014, Argentina defaulted on its sovereign debt for…
Groundbreaking Cross-border Airport Terminal Linking Tijuana to San Diego Breaks Ground
Sheppard Mullin client, Otay Tijuana Venture, announced this week that a cross-border pedestrian bridge linking San Diego with Tijuana’s A.L. Rodríguez International airport will be set to open next year. The project, which began in 2008 when Otay Tijuana Venture…
Shedding Light on CFIUS: Appeals Court Holds That CFIUS Review Lacks Constitutional Due Process
In a stunning ruling issued on July 15, 2014, the U.S. Court of Appeals for the D.C. Circuit held that review by the Committee on Foreign Investment in the United States (“CFIUS”) and the subsequent unwinding of the investment deprived…
Film Tax Incentives in Latin America
Distribution of audiovisual content is blooming at a very fast pace, and while the consumer is still demanding for more new content, producers are struggling with this new competitive era. While appetite for content is at its highest peak, and…
5 Things You Need To Know Now About Mexico’s Energy Reforms
Mexico’s landmark constitutional energy reforms, enacted in December 2013, were lauded as the start of a new era for private investment in Mexico. Nearly five months in, how has the government fared in implementing these reforms? Here are the 5…
Minimum Wage in Mexico
Effective January 1, 2014, Mexico’s wages for geographic Zones “A” and “B” increased by 3.9%. Zone A includes all of Mexico’s major cities and entry ports. The minimum wage in Zone A is now $67.29 per day.
Zone B includes…
Twice Bitten But Not Shy, The FCC Is Handed The DC Circuit’s Prescription for Internet Regulation
By Paul Werner
On Tuesday, January 14, 2014, the United States Court of Appeals for the D.C. Circuit struck down the FCC’s latest effort to mandate “net neutrality”– or promote internet “openness” – under the auspices of implementing the Communications Act. At issue…