Mexico Wins International Arbitration, Avoids Paying TV Azteca’s Million-Dollar Debt to US Creditors
The Mexican government has successfully avoided assuming a claim of over $219 million stemming from a financial dispute between US creditors and TV Azteca. According to recent developments, Mexico has won an international arbitration case, thereby avoiding payment of the debt. The outcome of the arbitration means that Mexico will not be required to pay the multimillion-dollar debt owed by TV Azteca to its US creditors.
Article and image source: laopinion.com
