Overview
- U.S. District Judge Paul G. Gardephe enforced a 2017 forum‑selection clause requiring TV Azteca’s bond dispute to be litigated exclusively in New York.
- The order compels the company to withdraw 2022 actions in Mexico that invoked COVID‑19 to halt payments and bars any new filings there.
- The court called the Mexican cases a malicious attempt to obstruct creditors and warned of contempt penalties, including fines and possible arrest of executives.
- Claudia Sheinbaum asked Mexico City’s judiciary to review Judge Miguel Ángel Robles Villegas’s pandemic‑era rulings and said her government will not assume or privately negotiate the debts.
- Creditors led by The Bank of New York Mellon seek roughly $580 million and are also pursuing a USMCA arbitration over Mexico’s court measures that delayed payment.