Americas Restructuring Review 2023 | Mexico: The Pandemic Aftermath
Mexico continues to face unprecedented times and historic challenges since the current administration took power in December 2018. While the pandemic appears to have receded and recovery has begun, the outlook remains challenging for businesses that coexist with policies undertaken under a leftist agenda that has done almost nothing when it comes to supporting businesses.
On the contrary, several sectors in which private investors play a significant role seem to be under permanent scrutiny and examination. The torrent of insolvency proceedings predicted two years ago seems to be holding on to a gradual and slow recovery, although new cases continue to emerge. While bankruptcy proceedings remain useful, they have not made a comeback as expected.
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