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Vitro Reviewing Legal Alternatives in Response to Fifth Circuit Ruling not to Enforce Vitro's Mexican Restructuring Under Chapter 15

Post Time:Nov 30,2012Classify:Industry NewsView:77

SAN PEDRO GARZA GARCIA, NUEVO LEON, Mexico, Nov. 28,2012  /PRNewswire/ -- Vitro S.A.B. de C.V. (BMV: VITROA) announced today that the U.S. Fifth Circuit Court of Appeals in New Orleans, Louisiana, has affirmed the Bankruptcy Court's ruling that denied enforcement of the Company's Mexican restructuring plan in the U.S. under Chapter 15 of the U.S. Bankruptcy Code.

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Source: http://www.glassonweb.com/news/index/17800/Author:

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