Vitro’s Mexican Bankruptcy Has New York Hedge Funds Screaming Caramba! – Forbes

Under Mexican law, a simple majority suffices to approve a bankruptcy plan (compared to the U.S. where a supermajority must approve any plan where equity holders retain their interest at the expense of bondholders). Even so, the first judge to ...
Subscribe to LegalLaw247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>