Article: The Supreme Court, New York County Denies Request vs. Iusacell.

Grupo Iusacell, S.A. de C.V. [BMV: CEL, NYSE: CEL] informs that on June 30, 2004, the Supreme Court, New York County entered a decision and order denying in its entirety the request of certain holders of 2004 senior notes that the Company be preliminarily enjoined from selling or otherwise transferring certain assets. This in connection with the extension of the lawsuit filed on January 2004, by certain holders of the Senior Notes due 2004 against our principal subsidiary, Grupo Iusacell Celular, S.A. de C.V. ("Iusacell Celular") and others.

About Iusacell

Grupo Iusacell, S.A. de C.V. (Iusacell, NYSE: CEL; BMV: CEL) is a wireless cellular and PCS ...

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