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Automotive Related Contracts In Mexico: What You Need To Know

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GlobalAutoIndustry.com’s latest Audio Interview, “Automotive Related Contracts in Mexico: What You Need to Know” features Juan Carlos Banuelas, a multi-cultural, international lawyer (raised in Germany and Mexico), with emphasis in the negotiation and drafting of international contracts (terms & conditions of automotive OEMs and TIER 1s), with proven experience in Mexican and U.S. commercial law. Banuelas also is a speaker at conferences in Mexico, Frankfurt, Zurich and Chicago. He is the co-author of numerous international articles and manuals as well.

In the 14-minute Audio Interview, Banuelas discusses these questions:
• If you are not settled in Mexico yet, but are interested in doing business in Mexico, what are the requirements for the incorporation of a company in Mexico?
• Which aspects in the contracts should you pay special attention to or should you have in mind when you are doing business in Mexico?
• Instead of going to court, how recommendable is the use of arbitration or friendly composition procedures in Mexico, as an alternative media of solution of conflicts?

About Juan Carlos Banuelas, LL.M.
Banuelas has extensive experience in Mexican and U..S commercial law, including negotiations of claims with contractors / suppliers, claims handling with multinationals in Central America, audits, security, arbitration, tenders, labor, anti-trust, unfair competition, compliance, migration, IP issues and supervision of external attorneys.

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He obtained the degree of attorney at law at the UNAM (cum laude) and received his master’s degree in law from the Konstanz University (Germany), in addition to other studies like Legal Framework in the Foreign Trade, Corporate Law, Incoterms, North American Public and Private Law, and also Specialization in Penal Procedure Law and Intellectual Property Rights.

In addition to having worked at well-known law firms, he has occupied diverse positions: at the Secretary of Finances, in charge of international tenders and of legal assessment, at Zurich International Group (Mexico); as the international claims manager, responsible for the claims handling for multinationals in Mexico and Central America; as legal counsel of the Development Bank of Mexico, BANCOMEXT; as the main presenter of seminars on international contracts, foreign trade and IP and provided advice on diverse contracts and trade; as the general counsel of ASE, an affiliate of German-Mexican Chamber of Commerce (CAMEXA), being simultaneously the general counsel of the same, assisting management, as well as providing legal, corporate and contractual advice, assisting security audits and took participation in high-level diplomatic events.

For more than 12 years, he was the international lawyer for Bocar Group, a German-Mexican Tier I and OEM supplier, in charge of the international management of all legal aspects of four companies in the U.S. and one company in Japan, and for the entire Bocar Group internationally, of any legal negotiations, national and international contracts, advising on product liability claims and insurance, immigration issues abroad (mainly U.S., Germany and Japan), on industrial property issues in Mexico, the U.S., Canada, Brazil, China and EU, and coordinated external law offices in Mexico and abroad.

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In November 2018, he was named partner in International Business and Contracts at the law firm Cruz Vernet, Taxes & Customs Laws. He is a member of the “National College of Lawyers of Mexico.”

To listen to the audio interviewclick here.

To learn more about GlobalAutoIndustry.com, click on this link.

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