News

LightSquared Files Bankruptcy After Network Blocked (Update 1) - Bloomberg

05/14/12

Bankruptcy “is intended to give LightSquared sufficient ... LightSquared’s biggest unsecured creditors include Boeing Satellite Systems Inc., owed $7.5 million, and Alcatel-Lucent, owed $7.3 million. Debt includes $322.3 million outstanding ...

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LightSquared files for Chapter 11 bankruptcy protection - GlobalPost

05/14/12

LightSquared Inc., a Reston, Va.-based high-speed wireless company that planned to compete with Verizon and AT&T, filed for Chapter 11 bankruptcy protection today, the New York Times reported. The company filed for bankruptcy after failing to reach an ...

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Falcone's LightSquared files for bankruptcy - Yahoo Finance

05/14/12

(Reuters) - Hedge fund manager Philip Falcone's dream of bringing another wireless network to the United States appeared to collapse on Monday when LightSquared Inc, the ailing telecommunications company he bankrolled, filed for bankruptcy protection.

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Former DA Kratz files for bankruptcy - madison

05/14/12

A former Wisconsin prosecutor accused of sending racy text messages to a domestic abuse victim has filed for bankruptcy. Ken Kratz's attorney, William Woodrow, filed the petition in federal court on April 5. According to court records, Kratz said he has as ...

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Former Wisconsin DA files for bankruptcy - Pioneer Press

05/14/12

MADISON, Wis. -- A former Wisconsin prosecutor accused of sending racy text messages to a domestic abuse victim has filed for bankruptcy. Ken Kratz's attorney, William Woodrow, filed the petition in federal court in Green Bay on April 5.

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JPMorgan Spokesman Evangelisti Sells NYC Home for $6.7 Million - Businessweek

05/14/12

Evangelisti listed the five-bedroom home for $7.9 million in November 2008, when the global economy slid into recession and the Manhattan sales market stalled after the bankruptcy of Lehman Brothers Holdings Inc., according to property website ...

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LightSquared files for Chapter 11 - Chicago Tribune

05/14/12

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., has filed for bankruptcy protection. Regulators blocked its plan this winter because of concerns that its transmissions would interfere with GPS ...

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LightSquared files Chapter 11 bankruptcy - The Business Journal

05/14/12

LightSquared LightSquared Latest from The Business Journals LightSquared files for Chapter 11 protection LightSquared moves toward bankruptcy DBJ Tech Watch for Monday: Upheaval at Yahoo, Facebook's IPO, Microsoft, Apple Follow this company Inc ...

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Dewey Troubles Touch NewPage Chapter 11 - Wall Street Journal

05/14/12

Curious what happens to a client whose law firm is on the brink of collapse? Just ask paper maker NewPage Corp., which saw a hearing on a key issue in its Chapter 11 case pushed back because of the “extraordinary difficulties” its lawyers ...

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Former GM unit Ally sends mortgage unit into bankruptcy - Lansing State Journal

05/14/12

The government is hoping to get the rest of the money back through a public stock offering by Ally, or perhaps the sale of its remaining businesses. When the bankruptcy and potential sale of international operations are finished, Ally expects to ...

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