Publication
Supreme Court rules CFPB funding structure is lawful
The Supreme Court of the United States ruled on May 16, 2024 that the current funding structure for the Consumer Financial Protection Bureau (CFPB) is constitutional.
Author:
Global | Publication | February 6, 2018
On January 24th, 2018, the Mexican Ministry of Economy published in the Official Gazette of the Federation several amendments to the General Law of Business Organizations, in connection with the process to dissolve and liquidate companies incorporated under such law. Such amendments will come into full force and effect as of July 25, 2018.
The most relevant amendments include the following:
This simplified dissolution and liquidation process includes several benefits. As instance, it will no longer be necessary to formalize the act in which the liquidation agreement is approved before a notary public.
The simplified process of dissolution and liquidation of companies promotes the dynamic efficiency of the market by facilitating the exit of inefficient companies, promoting the reuse of resources in more productive activities.
Publication
The Supreme Court of the United States ruled on May 16, 2024 that the current funding structure for the Consumer Financial Protection Bureau (CFPB) is constitutional.
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