“Commercial Competition, for Not Having the Capacity to Pay”

La Jornada

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Without expressly referring to the legal and administrative situation of Tv Azteca because she is immersed in a legal process, President Claudia Sheinbaum said that “when any company declares itself in a commercial contest it is because it has no capacity to pay its creditors. A judge enters and begins a negotiation process with its creditors, more or less, to put it quite simply,” she said.

oem.com.mx

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The television network indicated that it is an instrument provided for in the legislation to reorganize liabilities, preserve the continuity of operations and strengthen its financial position