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Court approves application of Desarrolladora Homex for insolvency proceedings

Tuesday, 10 Jun 2014 01:53pm EDT

Desarrolladora Homex SAB de CV:First District Court in state of Sinaloa, via order dated June 6, approved request of company to be declared in insolvency proceedings with restructuring plan.

Corporacion Geo enters bankruptcy protection-Reuters

Sunday, 20 Apr 2014 08:00pm EDT

Corporacion Geo SAB de CV:Enters bankruptcy protection after judge accepted its filing for restructuring-Reuters.Company to seek to replace most of its about $1 billion in debt with stock.Geo presented its bankruptcy proposal jointly with Banamex, Banorte, Santander, Inbursa and BBVA Bancomer.

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