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Vitro bondholder collections barred until judge rules on enforcement of Mexican concurso plan in U.S.

Post Time:Mar 12,2012Classify:Industry NewsView:131

Officials ofVitro S.A.B. de C.V. announced, March 12, that the U.S. Bankruptcy Court in Dallas has issued a temporary restraining order preventing bondholders from seeking to collect on judgments and seize assets belonging to Vitro, in particular, accounts receivable owed from Vitro's U.S. customers.

Source: http://www.glassmagazine.com/news-item/commercial/vitro-bondholder-collections-barred-until-judge-rules-enforcement-mexican-concuAuthor:

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