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By Paloma Duran - Mon, 08/03/2026 - 11:36
AHMSA and Minosa publish final labor credit list worth $700M owed to 14,000 workers ahead of Sept. 25 auction, as legal risks persist.
https://mexicobusiness.news/tag/bankruptcy
More Mining
By Paloma Duran - Wed, 06/24/2026 - 11:08
AHMSA's court-supervised auction hits another delay as the judge grants a second 10-day extension to finalize bid terms.
By Paloma Duran - Tue, 06/09/2026 - 09:36
A Mexican federal court has approved new auction terms for AHMSA and Minosa, with bidding expected to open at US$1.127 billion.
By Perla Velasco - Fri, 04/17/2026 - 09:34
Mexico faces a potential US$270 million liability after a Canadian court reversed a 2024 arbitration award.
By Mariana Allende - Fri, 02/27/2026 - 14:47
TV Azteca to seek bankruptcy protection amid US$600 million debt and tax pressures.
By MBN Staff - Thu, 01/29/2026 - 12:50
First Brands Group’s Chapter 11 filing disrupted northern Mexico’s auto supply chain, closing plants and leaving about 1,400 workers jobless.
By Teresa De Alba - Tue, 01/27/2026 - 18:13
Spirit Airlines is in talks with Castlelake on a potential takeover as it navigates Chapter 11 bankruptcy and creditor negotiations
By MBN Staff - Mon, 01/19/2026 - 08:02
Saks Global filed for Chapter 11 in Texas, citing inventory constraints and weakened vendor confidence rather than a drop in luxury demand.
By MBN Staff - Wed, 01/07/2026 - 07:36
Saks Global seeks a US$1 billion loan for a potential bankruptcy filing following a missed US$100 million payment and the appointment of a new CEO.
By Paloma Duran - Tue, 12/16/2025 - 12:09
AHMSA could be auctioned in December, with a sale to the highest bidder expected by January 2026.
By Paloma Duran - Mon, 12/01/2025 - 11:46
Eight companies, including ArcelorMittal and Nippon Steel, have formally expressed interest in acquiring AHMSA and MINOSA.
