LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., has filed for bankruptcy protection. Regulators blocked the company's plan last winter because of concerns that its transmissions would interfere ...
The pilots' chief negotiator laid out disputes over outsourcing, work rules, sick leave and medical costs that roiled the carrier leading up to the bankruptcy filing last year. At least a half-dozen pilots in uniform attended the court hearing.
You made it through the Meeting of Creditors and are all geared up and ready to go! You had your day in court and are ready to tack on whatever comes next. If your case is like the typical chapter 7 bankruptcy at this point there is a whole lot of nothing ...
The case is In re LightSquared Inc., 12-12080, U.S. Bankruptcy Court, Southern District of New York (Manhattan). --With assistance from Steven Church, Phil Milford and Dawn McCarty in Wilmington, Delaware, Margaret Cronin Fisk in Detroit ...
(Reuters) - Hedge fund manager Philip Falcone's dream of bringing another wireless network to the United States likely came to an end on Monday, when LightSquared Inc, the ailing telecommunications company he bankrolled, filed for bankruptcy protection.
LightSquared, based in Reston, Virginia, listed assets of $4.48 billion and debt of $2.29 billion as of Feb. 29 in a Chapter 11 filing today in U.S. Bankruptcy Court in Manhattan. The filing followed intense negotiations with creditors ...
LightSquared (News - Alert) announced today that it commenced voluntarily reorganization cases under Chapter 11 of the U.S. Bankruptcy Code to give it time to resolve regulatory issues that have prevented it from building its coast-to-coast ...
which is owed $7.4 million. Milbank, Tweed, Hadley & McCloy is serving as general bankruptcy counsel to the company. FALCONE'S HOPES AND DREAMS For Falcone, who sank billions of dollars of his investors' and his own money into LightSquared ...
... Nancy Dreher had fined Nett for bigoted and anti-Catholic slurs in a filing for a client she represented in a bankruptcy case. Among other things, Nett called Dreher a "black robed bigot" and accused the judge and other court personnel of ...
The case is In re LightSquared Inc., 12-12080, U.S. Bankruptcy Court, Southern District of New York (Manhattan). To contact the reporter on this story: Michael Bathon in New York at [email protected] To contact the editor responsible for ...
