Trade Disputes in Mexico

Overview by
In Mexico, it is possible to use arbitration as a method to solve controversies.
Arbitration Law
Commercial Code
Conformity to International Commercial Arbitration Rules
Party to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
Appointment of Arbitrators
One to three arbitrators can be selected to represent  each party.
Arbitration Procedure
The party that decides to arbitrate must present its petition in written to the organization that will manage the process.  The date when this request is presented is the date when the process of arbitration is open. The other party shall eventually present its written argument as well.

The petition must contain: full name and address of all parties involved; exposition of the events which lead to the present claim, as well as their demands and proposals regarding the place, the rights and the language chosen.  An agreement to arbitrate and the basic contract must be joined too.

For more information, consult  Center of Arbitration in Mexico

Permanent Arbitration Bodies
Information System of Exterior Commerce (Sectors Covered: Commercial Arbitration)

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