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News

2021

03

February 03, 2021

Energy and Infrastructure Projects

Newsflash - Office of the President files an Initiative to Reform the Electric Industry Law

On January 29, 2021, the President of Mexico submitted to the Chamber of Representatives (Cámara de Diputados) of the Mexican Congress an initiative (the “Initiative”) to reform the Electric Industry Law (“LIE").  Prior to its entry into force, the Initiative needs to...
28

January 28, 2021

Ritch Mueller

Ritch Mueller wins Law Firm of the Year in Mexico in LatinFinance's Awards

On January 28, the LatinFinance Deals of the Year Awards 2020 were held to recognize the most outstanding transactions in the financial markets in Latin America, as well as the individuals and institutions involved.  Ritch Mueller won the award for Law Firm of the Year in Mexico, and was...

2020

18

November 18, 2020

Competition and Antitrust
Mergers and Acquisitions

CI Bank buys Deutsche Bank's corporate trust business in Mexico

Ritch Mueller represented Deutsche Bank, in the sale to CIBanco, of the corporate trust business of Deutsche Bank Mexico, and in the process to obtain authorization from the National Banking and Securities Commission and the Federal Antitrust Commission. Read note (only available in Spanish)...
17

November 17, 2020

Tax

Newsflash - Bill to eliminate outsourcing schemes

On November 12, the Mexican President presented a bill to amend the Federal Labor Law, the Federal Tax Code, the Mexican Income Tax Law and the Value Added Tax Law, among other regulations, in order to eradicate illegal outsourcing schemes.  The following is a summary of the most relevant...
09

November 09, 2020

Tax

Newsflash - 2021 Tax Reforms and Pending Items of 2020 Tax Reform

2021 Tax Reform  On November 5, the Congress approved the 2021 tax reform, including the decree with amendments to various provisions of the Mexican Income Tax Law, the Value Added Tax Law and the Federal Fiscal Code (“FFC”), presented to the Congress on September 8, 2020 by the...
04

November 04, 2020

Tax

Newsflash - Application of the new interest deductibility limitation

Pursuant to the new limitation included in section XXXII of article 28 of the Mexican Income Tax Law with respect to interest deductibility, the “net interest” of the fiscal year that exceeds the amount obtained by multiplying the “adjusted tax profit” by a 30%, shall be...
23

October 23, 2020

Capital Markets

Mexican miner Fresnillo places 850 million dollars

Ritch Mueller represented Fresnillo, in connection with its offering of USD$850 million of its 4.250% Senior Notes due 2050, and its concurrent cash tender offer of its outstanding 5.500% Senior Notes due 2023. Read news (only available in Spanish)...
02

October 02, 2020

Energy and Infrastructure Projects

Ritch Mueller is recognized by LatinFinance as "Infrastructure Law Firm of the Year in Mexico"

On September 30, 2020 LatinFinance announced the winners of the Project & Infrastructure Finance Awards 2020, recognizing Ritch Mueller as "Infrastructure Law Firm of the Year in Mexico".   LatinFinance also recognized CA-KU-A Gas Compression Project as "Infrastructure Financing...
01

October 01, 2020

Ritch Mueller

Ritch Mueller - New Partners' Announcement 2021

We are pleased to inform you that as of January 1, 2021, Alejandra Echeverria Gonzalez and Gabriel Robles Beistegui will become partners of the firm. Read announcement...
15

September 15, 2020

Capital Markets

Cleary, Sullivan and Ritch Mueller in Mexico's $885 million "green bond" issuance

Ritch Mueller represented BNP Paribas, Crédit Agricole, Morgan Stanley and Natixis Securities Americas, in connection with the offering by the United Mexican States of EUR€750 million of its 1.350% Global Notes due 2027. Read note (only available in Spanish) Other media...
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