Dispelling the Mexican Entrepreneur’s
Myths of Doing Business in America
… Notes from a Texas Litigator
presented by:
Edga...
Why is this relevant today?
GROWING TEXAS ECONOMY:
 Overall, US-Mexico trade over $1B daily!
 Port of Houston: largest f...
Increased Opportunity on Many Levels
Mexican Entrepreneurs Looking to Invest Money Here
 Creation of New Businesses in a ...
 “I don’t need legal counsel for every aspect of my
business.”
 Reality No. 1: Legal counsel necessary for every step of...
Myth (or misconception) No. 2
 “Lawyers and the legal system can’t be that much
different from those in Mexico”
 Reality...
Myth (or misconception) No. 3
 “In a business friendly environment like Texas,
disputes should be resolved rather fast an...
Texas: Still a Land of Opportunity for Mexican
Entrepreneurs who can manage risks with proper and
strategic legal counsel
Questions?
Edgar Saldivar
BoyarMiller
832.615.4276
esaldivar@boyarmiller.com
http://www.linkedin.com/in/saldivar https://t...
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Dispelling the Mexican Entrepreneur's Myths of Doing Business in America

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Notes from a Texas litigator, dispelling the myths Mexican entrepreneurs believe about doing business in America.

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Dispelling the Mexican Entrepreneur's Myths of Doing Business in America

  1. 1. Dispelling the Mexican Entrepreneur’s Myths of Doing Business in America … Notes from a Texas Litigator presented by: Edgar Saldivar BoyarMiller 832.615.4276 esaldivar@boyarmiller.com MABA-TX Summer CLE Conference August 2, 2013
  2. 2. Why is this relevant today? GROWING TEXAS ECONOMY:  Overall, US-Mexico trade over $1B daily!  Port of Houston: largest foreign tonnage port  Oil & Gas: Booms throughout Texas  Crime in Mexico: Motivating Mexico’s wealthy and business owners to branch out or set roots in different pockets of TX
  3. 3. Increased Opportunity on Many Levels Mexican Entrepreneurs Looking to Invest Money Here  Creation of New Businesses in a Robust Economy  Setting up U.S. affiliates to expand operations in Texas  Seeking investment vehicles to take advantage of immigration visas for residency and/or citizenship Real Opportunities for Lawyers Serving this Market  Immigration law opportunities, Small to Middle Market Transactional Lawyers, Business Litigators to Counsel Clients on Risks and Liability Concerns  Clients will come to lawyers with certain conceptions about the U.S. Legal System, presenting lawyers an opportunity to manage their expectations  Lawyers can become a trusted guide in a perceived litigation minefield
  4. 4.  “I don’t need legal counsel for every aspect of my business.”  Reality No. 1: Legal counsel necessary for every step of business: formation/corporate transactions, finance and capital formation, real estate, employment matters, and business disputes.  Reality No. 2: Do business at your own risk; best friends will be: your banker, accountant, and lawyer Myth (or misconception) No. 1
  5. 5. Myth (or misconception) No. 2  “Lawyers and the legal system can’t be that much different from those in Mexico”  Reality No. 1: American legal system is much different than the Mexican legal system. And no you can’t ask a judge to throw a breaching party in jail.  Reality No. 2: U.S. Lawyers are very specialized and often you need different lawyers for different questions.
  6. 6. Myth (or misconception) No. 3  “In a business friendly environment like Texas, disputes should be resolved rather fast and easily”  Reality No. 1: Litigation process is more complicated than it appears as there are many steps in the process. For example, a demand letter is not that simple; and often, that’s just the beginning.  Reality No. 2: Litigation is much more intrusive than in Mexico and often requires disclosures and discovery to which businesses are not accustomed in Mexico  Reality No. 3: Cost of litigation is rising exponentially due to various factors: e- Discovery, Litigation Holds/ Spoliation concerns, rising costs of arbitration
  7. 7. Texas: Still a Land of Opportunity for Mexican Entrepreneurs who can manage risks with proper and strategic legal counsel
  8. 8. Questions? Edgar Saldivar BoyarMiller 832.615.4276 esaldivar@boyarmiller.com http://www.linkedin.com/in/saldivar https://twitter.com/s4ldivar

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