US EditionGrupo Salinas Asks for Dialogue with Tv Azteca Creditors
15 Articles
15 Articles
Grupo Salinas reiterated its total willingness to negotiate with U.S. investors to which it owes at least $580 million, for an issue of debt by TV Azteca that it stopped paying in February 2021. The above, after a federal court this Wednesday revoked, in an unappealable judgment, the protection that a local judge in Mexico City had granted since September 2022 to TV Azteca to not pay the debt holders. "We reiterated our total willingness to dial…
One of the various judicial fronts with which Ricardo Salinas Pliego has returned another defeat to the businessman before Mexican Justice. A federal court this week revoked the precautionary measure that allowed him to avoid paying off a debt to his creditors in the United States. Although the initial debit was 400 million pesos, the delay in payment has been increasing the figure to 580 million that he currently faces. The resolution comes aft…
Reforma
Federal court revoc protection granted by a judge to TV Azteca not to pay 580 mdd that owes to holders of debt issued in the United States.
It was announced that the meeting with the creditors of Ricardo Salinas Pliego in the United States was postponed, without an expected date, so Grupo Salinas will review the financial situation.According to the above, the meeting with the creditors of the United States would correspond to the debt maintained by one of its companies, TV Azteca, for which they claim the payment of 580 million dollars. Only the recent 22 October was announced the d…
Mexico City. After Tv Azteca and his control group were asked to be punished in the United States for contempt and in Mexico City a federal court lifted the precautionary measures that allowed the company to evade payment of its obligations for a debt of up to $580 million, Grupo Salinas seeks dialogue with its creditors. “We reiterate our total willingness to dialogue to reach a favourable agreement for all parties and in accordance with the re…
Grupo Salinas said it maintains the disposition to ‘dialogue’ with its creditors in the United States, after a federal judge withdrew the precautionary measures that allowed it to continue evading the payment of more than 500 million dollars. After it transcended that the Tenth Collegiate Court in Civil Matters of Mexico City left without effect the protections that a judge of the same circuit granted to the conglomerate owned by Ricardo Salinas…
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
