An involuntary bankruptcy against Mexico’s TV Azteca has been dismissed, with a bankruptcy-court judge saying that the multimedia conglomerate and its bondholders are involved in a dispute that ...

A group of three creditors have filed a petition in the United States for Mexico's TV Azteca to enter bankruptcy involuntarily, alleging the broadcaster is not paying the $63.32 million it owes them.

TV Azteca issued $400 million in unsecured notes in 2017, and according to creditors' claims, began missing payments in 2021. A spokesperson for TV Azteca declined to comment.

Mexican billionaire Ricardo Salinas Pliego’s TV Azteca and holders of $400 million in debt owed by the company failed to reconcile their differences over restructuring the bonds in court-ordered ...