Publication
Navigating geopolitical threats in the insurance market: Strategies for success
Ongoing war and civil unrest across the globe has created a complex operating environment for businesses to navigate.
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
Ongoing war and civil unrest across the globe has created a complex operating environment for businesses to navigate.
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