U.S. Court Proposed Order Warns Ricardo Salinas: Comply, or Risk of Fines and Imprisonment for Contempt
AT&T case reaches critical stage as draft New York order explicitly threatens jail time for Grupo Salinas executives over alleged defiance of court rulings
In the intensifying legal battle between AT&T Mobility Holdings B.V. and entities tied to Mexican billionaire Ricardo Salinas Pliego, a proposed order filed by the Supreme Court of the State of New York has sent a stark message: Salinas could face fines, imprisonment, or both if held in contempt.
According to the draft document, now before the court in Manhattan:
“NOTICE: THE PURPOSE OF THIS HEARING IS TO PUNISH THE ACCUSED FOR A CONTEMPT OF COURT, AND THAT PUNISHMENT MAY CONSIST OF FINE, IMPRISONMENT, OR BOTH, ACCORDING TO LAW.”
The proposed order commands Salinas and Francisco Borrego, another top Grupo Salinas executive,...
