Results for Mexico
- Mexico's Maxcom Files For Bankruptcy, Pursues Ventura Deal
Maxcom filed for pre-packaged Chapter 11 bankruptcy in a U.S. court, legal filings showed, as the Mexican telecoms firm pursues a recapitalization plan that would give full control to a investor group led by private equity firm Ventura Capital, Reuters r ...
Daily Headline - global.abi.org - 07/24/2013 - 23:53 - 0 comments
- Mexican Homebuilder Geo Says Lenders Reject Bank Creditor Deal
Some local lenders to Mexican homebuilder Geo voted against signing an agreement the company recently reached with its major bank lenders to restructure its debt, according to a statement on Monday with Mexico's stock exchange, Reuters reported. The ...
Daily Headline - global.abi.org - 07/15/2013 - 23:40 - 0 comments
- Mexico Housing Bust Bruises Investors, Buyers
Home buyers and investors are turning their backs on Mexico's low-income housing darlings, bringing a government-fueled boom that lasted more than a decade to a screeching halt. Scores of new homes in far-flung communities sit empty, while banks hav ...
Daily Headline - global.abi.org - 05/29/2013 - 21:24 - 0 comments
- Mexico's Homex Says Some Creditors Could Seek Early Payment
Creditors of struggling Mexican homebuilder Homex could seek accelerated payment of the company's debt after Homex missed payments on derivative positions, according to a filing on Wednesday, Reuters reported. Failure to meet payments due on derivat ...
Daily Headline - global.abi.org - 05/22/2013 - 19:36 - 0 comments
- In Mexico, Troubling Times
Mexican home builders and their creditors have been hiring U.S. bankruptcy lawyers and other advisers, as the companies struggle with mounting debt obligations, The Wall Street Journal reported. Two of the country's leading builders—Urbi Desarro ...
Daily Headline - global.abi.org - 05/15/2013 - 20:08 - 0 comments
- Mexico Seeks Easier Foreclosures, Cheaper Loans
Mexico's government proposed a sweeping overhaul of the banking sector Wednesday to make credit cheaper and more available, a move desperately needed in a country where bank loans represent less than 20 percent of GDP - one-tenth the level seen in t ...
Daily Headline - global.abi.org - 05/08/2013 - 20:48 - 0 comments
- Complex Cross-Border Bankruptcy Issues (Chapter 15)
Complex Cross-Border Bankruptcy Issues (Chapter 15) (2013 ABI New York City Bankruptcy Conference) - Alan W. Kornberg, Kenneth A. Buckfire, Hon. Martin Glenn, Gary L. Kaplan, Madlyn Gleich Primoff, Glenn E. Siegel (Chapter 15, Mexico, North Ame ...
Resource Article - abi_editor - 05/08/2013 - 15:38 - 0 comments - 0 attachments
- Mexican Homebuilder Geo Seeks Restructuring as Bonds Sink
Corp. Geo SAB, Mexico’s second- largest publicly traded homebuilder, said it will seek to restructure debt after bleeding cash for a third straight year, sparking a selloff that sent its bonds to record lows, Bloomberg reported. Geo hired Fians Capital t ...
Daily Headline - global.abi.org - 04/14/2013 - 21:37 - 0 comments
- Mexico's Vitro Says Reaches Debt Deal To End Court Battle
Mexico's Vitro said on Monday it had ended a lengthy legal fight with creditors after a Mexican businessman bought a chunk of the glassmaker's debt held by funds that had led the court fight, Thomson Reuters News & Insight reported. Under t ...
Daily Headline - global.abi.org - 03/04/2013 - 21:25 - 0 comments
- Shattered: Vitro SAB de CV, Chapter 15 and § 1507
THE INTERNATIONAL SCENE: Shattered: Vitro SAB de CV, Chapter 15 and § 1507 (citation: Rafael X. Zahralddin-Aravena, Shattered: Vitro SAB de CV, Chapter 15 and § 1507, XXXII ABI Journal 1, 32-33, 73-74, February 2013) - Rafael X. Zahralddin-Aravena ...
Resource Article - abi_editor - 02/07/2013 - 16:50 - 0 comments - 0 attachments