The Mexican Senate has introduced a constitutional amendment that, if approved, would open the country’s oil market to foreign and private investors. Currently, oil production is controlled exclusively by the state-owned Petroleos Mexicanos (Pemex). The amendment, however, would encourage private
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 8
Apple is fighting back in Brazilian courts to get its iPhone trademark
In February 2013, the Instituto Nacional Da Propriedade Industrial (the “Brazilian Patent and Trademark Office”), ruled that Gradiente Electronica (“Gradiente”), not Apple, owned the “iPhone” mark in Brazil. The “iPhone” term was registered by Gradiente in 2000, 7 years prior…
Argentina’s financial fate now depends on the U.S. Supreme Court
Doing Business In Latin America: Does Your Local Supplier Have Best Practices In Place So That Your Company Can Avoid Liability Under The FCPA?
Imagine yourself the CEO of a successful multinational company. In the past few years, you have overseen ACME’s expansion into Latin America – a market whose demographic profile holds the promise of mouthwatering profits for your company, particularly with the…
Considerations for US Employers Post-DOMA
By Karin Johnson & Megan Grant
When the Supreme Court issued its opinion in U.S. v. Windsor on June 26, it invalidated the federal definitions of “spouse” and “marriage,” and, in so doing, altered employer obligations with respect to same-sex marriages. Although the media coverage of this decision…
Film distributors will face new administrative hurdles in Argentina
Unexpectedly, the government of Argentina has decided to enforce law 23,316, enacted on May 23, 1986, regarding certain requirements for dubbing motion pictures and television programming (the “Dubbing Act”), which was only in the books and never implemented… until today.…
I-94 Automation and the I-9 Process: Making the Form I-9 More Complicated
This spring U.S. Customs and Border Protection (CBP) began implementation of a phased in Form I-94, Arrival/Departure Record, automation process. The Form I-94 is issued to all visitors entering the U.S. and assists CBP in tracking temporary non-immigrants, visa…
Filling out the Form I-9 for TPS beneficiaries: Work Permits extended for El Salvadorians
On May 30, 2013, the Department of Homeland Security (DHS) extended Temporary Protected Status (TPS) for El Salvadorians for an additional 18 months beginning September 10, 2013, and ending March 9, 2015.
What does this mean for employers?
For companies…
Internal Revenue Service Concludes that Fideicomiso or Mexican Land Trusts are not “Trusts” for United States Tax Purposes
On June 6, 2013, the Internal Revenue Service issued Revenue Ruling 2013-14, which concludes that a Fideicomiso or a Mexican Land Trust (MLT) is not taxed as a “trust” for U.S. income tax purposes. While most practitioners have operated on…
Mexico’s Telecommunications’ reform ready to be signed by President Peña Nieto
On May 23, after the approval of 24 Mexican states (Aguascalientes, Baja California Sur, Campeche, Chiapas, Chihuahua, Coahuila, Colima, Durango, Guanajuato, Hidalgo, Jalisco, México, Morelos, Nayarit, Puebla, Querétaro, Quintana Roo, San Luis, Potosí, Sonora, Tamaulipas, Veracruz, Yucatán and Zacatecas) the…