Worldwide Directories Posts

Yahoo!’s Mexican Lawsuit Gets Reduced From $2.75 Billion To $172,500

Yahoo! Mexico
In December 2012, we wrote about Yahoo! was ordered by a Mexico City Court that they need to pay a $2.75 billion fine for a breach of contract to Ideas Interactivas and its parent company World Wide Directories related to releasing a printed Yellow Pages of business telephone numbers in Mexico.  Fortunately Yahoo!’s fine has been dropped to $172,500 based on an appellate court decision in Mexico.  The fine will be paid by Yahoo! Mexico.

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Carlos Bazan-Canabal Says Yahoo!’s Mexican Lawsuit May Be Worth $3.5 Billion

The Yahoo! lawsuit may be a lot more serious than the company thought.  A court in Mexico City ruled that Yahoo! must pay $2.7 billion for breach of contract.  The plaintiff in the case Carlos Bazan-Canabal said that Yahoo! could owe over $2.7 billion.

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Mexico City Court Rules That Yahoo! Must Pay $2.7 Billion In Breach Of Contract With Worldwide Directories

Yahoo! said that they will be vigorously pursuing all appeals of a non-final judgement by a Mexico City court that ruled that they must pay $2.7 billion for breach of contract with Ideas Interactivas and its parent company Worldwide Directories.  Yahoo! was supposed to work with the companies to release a printed Yellow Pages of business telephone numbers for Mexico.

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