News
2019
24
July 24, 2019
Mergers and Acquisitions
WorleyParsons buys Jacobs Engineering Group division
Ritch Mueller represented Jacobs Engineering de México, and its Mexican subsidiaries, in the acquisition by Worley Parsons South America and Worley SPV, of its shares and equity interests. Read note (only available in Spanish)...
23
July 23, 2019
Energy and Infrastructure Projects
Mexicana Red de Carreteras de Occidente obtains loan from Santander
Ritch Mueller represented Santander, as lender, in connection with a loan to Red de Carreteras de Occidente, for capital expenses and expansion works, secured by the revenues from its toll roads. Read note (only available in Spanish) Other media Latin Lawyer (PDF)...
18
July 18, 2019
Real Estate
Waldorf Astoria’s Debut in Mexico
Ritch Mueller represented an affiliate of Walton Street Capital, in the acquisition of The Resort at Pedregal in Los Cabos, the first Waldorf Astoria in Mexico, as well as in the financing granted by Banco Sabadell for such acquisition. Read note...
10
July 10, 2019
Compliance, Anti-corruption and Investigations
Newflash - Mexican authorities hinder taxpayers’ invoicing systems through compliance assurance programs
Due to important changes in the incoming government’s tax policy, tax authorities have heavilyenforced programs to increase tax revenue in recent months. In particular, the Tax AdministrationService (“SAT”) has put particular efforts in implementing tax compliance assurance...
07
July 07, 2019
Real Estate
IKEA finds the place where it will open its first store in Mexico in 2020
Ritch Mueller represented Ikano Retail Mexico, in connection with the drafting and execution of a construction agreement with an affiliate of Pulso Inmobiliario for the construction of the first IKEA store in Mexico. Read note (only available in Spanish) Other media Global Legal Chronicle...
28
June 28, 2019
Energy and Infrastructure Projects
ENR AGS’s Financing of El Llano Solar Park
Ritch Mueller represented Bancomext, Natixis and Société Générale, in the financing of a 375 MW photovoltaic power project located in the State of Aguascalientes, Mexico. The energy to be generated will be sold to CENACE, as the electricity market clearing house, under a...
25
June 25, 2019
Competition and Antitrust
Newsflash - Antitrust Tribunal dismisses constitutional relief (amparo) request by PEMEX
The Second Collegiate Circuit Tribunal on Administrative Matters, specialized in economic competition, broadcasting and telecommunications (the "Tribunal"), recently dismissed the amparo request filed by Pemex Logística challenging the resolution A/015/2018 (the "Resolution") issued by the...
24
June 24, 2019
Capital Markets
Brookfield obtains long-term financing for more than USD$10 billion
Ritch Mueller advised Brookfield Business Partners, and banking financings for the acquisition by Brookfield of the Power Solutions business of Johnson Controls International. Read note (only available in Spanish)Other media Global Legal Chronicle ...
20
June 20, 2019
Banking and Finance
Altos Hornos de México’s $575 Million Refinancing
Ritch Mueller represented Altos Hornos de México (AHMSA), in an advance payment facility agreement for USD$475 million entered into by AHMSA and Cargill Financial Services International, which purpose was to pay the "Convenio General de Pago" under the "Suspensión de Pagos" procedure...
10
June 10, 2019
Energy and Infrastructure Projects
BlackRock’s Refinancing of La Bufa Wind Farm in Mexico
Ritch Mueller represented La Bufa Wind and its sponsors, , in connection with the refinancing of a 130 MW wind farm located in Zacatecas, Mexico.Read note...
