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News Breaks | | | | January 17, 2013 | | 09:28 EDT |  | PAC | GAP says court issues ruling lifting decreed injunctions
Grupo Aeroportuario del Pacífico announces, in relation to the material event notice issued by the company on March 2, 2012, that, following a petition by Casa de Bolsa BBVA Bancomer S.A. de C.V., Grupo Financiero BBVA Bancomer, the State of Jalisco’s Fifth Mercantile Court issued a new ruling that lifted the previously decreed injunctions meant to safeguard GAP’s corporate by-laws. Based on the above, GAP, in defense of its corporate by-laws, has contested the ruling before the appropriate judicial authority as departing from the letter of the law. GAP believes that the new ruling issued by the State of Jalisco’s Fifth Mercantile Court does not mean that the restriction placed on stock brokers is void due to the fact that the new ruling has been appealed by the Company and that the new ruling has no retroactive application. | |
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