Juan focuses his practice in commercial and financial transactions as well as corporate governance. He began his legal career in 2013 as a litigation law clerk at Barrera Siqueiros y Torres Landa (now Hogan Lovells). In August 2017 he obtained his law degree from Universidad Panamericana, where he currently studies a master’s degree in Legal Sciences.
Many loans involve the transfer of assets to a collateral or payment-source trust, especially (but not exclusively) when dealing with cash-generating assets, such as long-term contracts or receivables. A 2016 federal collegiate circuit court decision could jeopardise these structures in the context of insolvency proceedings. However, new judicial guidance was recently issued to reinforce traditional considerations regarding trusts.
In recent years, Mexico has been rated as having one of the highest rates of credit card fraud in the world. The National Banking and Securities Commission recently published the Resolutions that Modify the General Rules Applicable to Credit Institutions, which require credit institutions to verify information and documentation filed by users and customers with different government bodies in order to assure the identity of each prospective customer.