On Jan. 26, 2006, an amendment to the Mexican Industrial Property Law (Ley de la Propiedad Industrial) (“IPL”) became effective.
Mexico Amends Its Franchise Law
On Jan. 26, 2006, an amendment to the Mexican Industrial Property Law (<i>Ley de la Propiedad Industrial</i>) ("IPL") became effective. The new amendment mandates new requirements for presale franchise disclosure and for franchise agreements. To comply with the law, most franchisors will need to change their existing forms of franchise agreements used in Mexico.
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