Rodolfo Rueda Quoted in Wall Street Journal on Mexican President Submitting Bill to Boost State's Role in Fuels Market

“Mexican President Submits Bill to Boost State’s Role in Fuels Market”

Mexican President Andrés Manuel López Obrador sent to Congress a bill that aims to boost the state’s role in the fuels market, including the possibility of taking over operations run by private businesses, the latest effort to curtail the opening of Mexico’s energy industry to foreign investors.

…“This is an imminent risk, which removes legal certainty in the sector,” said Rodolfo Rueda, a partner at the Thompson & Knight law firm. “The bill proposes the temporary intervention in private facilities that could end up in Pemex’s hands.”