Mexico City Court Ruled TV Azteca Must Pay US Debt: Sheinbaum

Mexico City court ruled that billionaire Ricardo Salinas Pliego’s TV Azteca must pay its debt with US creditors, President Claudia Sheinbaum said at her daily press conference.

• A Mexican court had allowed TV Azteca to defer payments to US creditors due to the pandemic, but a court in Mexico City said on Wednesday that decision is no longer valid because the pandemic has ended, Sheinbaum said
• TV Azteca has other legal proceedings pending in Mexico City: Sheinbaum
  • Mexico’s Finance Minister Edgar Amador will meet with TV Azteca’s US creditors in Mexico once the legal proceedings have been resolved, Sheinbaum ...