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Vitro may get ruling from U.S. judge by next week on bankruptcy protection

Post Time:Jul 18,2011Classify:Company NewsView:445

Vitro SAB, the Mexican glassmaker that defaulted on $1.2 billion in bonds, may get a ruling as early as next week on a petition for U.S. bankruptcy protection to apply to its restructuring proceedings in Mexican court, according to a July 14 Bloomberg report.

 

U.S. Bankruptcy Judge Harlin D. Hale said during a hearing yesterday in Dallas that he'll make a decision in the "next few days" after receiving complete documentation supporting both parties' arguments.

 

Vitro completed the 

Source: http://www.glassmagazine.comAuthor: shangyi

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