March 04, 2013
Bankrupt Mexican glassmaker Vitro SAB de CV said Monday that it had settled a protracted, cross-border legal war with bondholders over its attempted reorganization, saying its largest creditor has agreed to buy bondholder debt in exchange for a $235 million bond and equity in a company subsidiary.
December 05, 2012
A Texas bankruptcy judge on Tuesday forced 10 affiliates of bankrupt Mexican glassmaker Vitro SAB de CV into insolvency after learning that they had taken steps to evade collection of the $1.2 billion they owe U.S. bondholders.
June 24, 2011
A Texas bankruptcy judge on Friday granted a preliminary injunction to bankrupt glassmaker Vitro SAB de CV barring holders of notes issued by Vitro's U.S. subsidiaries from pursuing collection actions against their parent while it undergoes reorganization in Mexico.
June 13, 2011
A Dallas bankruptcy judge on Monday approved the $55 million sale of Mexican glassmaker Vitro SAB de CV's U.S. assets to an affiliate of Sun Capital Partners Inc. amid a fight over whether filings related to the parent's Mexican reorganization should be public.