Liquidation

Dish Network Corp. Chairman Charlie Ergen testified he wanted to keep his purchases of LightSquared’s debt confidential because he didn’t want to drive the price up, not because he was secretly buying it on behalf of LightSquared suitor Dish. Read the Daily Bankruptcy Review article via The Wall Street Journal.

The duel over Fisker Automotive Inc. continued to heat up Monday, when a company connected to Hong Kong’s Richard Li boosted its bid for the failed maker of luxury hybrid vehicles. Read the Daily Bankruptcy Review article here.