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Lightsquared Inc news

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LightSquared Bankruptcy Debt Doubles as FCC Weighs Wireless OK
The goal of bankruptcy law is to help failing companies dig themselves out of debt and start anew. That might be news to investors poised to bring LightSquared Inc. out of Chapter 11. It'll have around twice the debt it went in with and still no ...
LightSquared Offers Restructuring Backers $200 Million Breakup Fee
Under the plan, Mr. Falcone's Harbinger would own 44.4% of LightSquared's equity, with Fortress getting 26.2% and Centerbridge 8.1%.
LightSquared Floats $200M Breakup Fee For Plan Proponents  Law360 (subscription)
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LightSquared bankruptcy exit plan earns court approval
Harbinger will retain 44 percent of LightSquared's equity, but cede voting control. Centerbridge and Fortress will own a combined 34 percent stake.
Falcone-backed LightSquared wins court approval to exit bankruptcy
Ergen Makes Peace With LightSquared's Ch. 11 Exit  Law360 (subscription)
DISH Network Faces New Harbinger Lawsuit over LightSquared
Harbinger Capital Partners, the principal owner of 4G wireless wholesaler LightSquared Inc., has filed a new case in Manhattan federal court accusing DISH Network Corp.
Ergen Says LightSquared Plan Unfairly Favors Hedge Funds
LightSquared Inc.'s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp.
LightSquared, Failed Wireless Venture, Files for Bankruptcy
May 15 (Bloomberg) -- LightSquared Inc. filed for bankruptcy, saying it will seek to resolve the concerns of U.S. regulators who thwarted the company's plan to deliver high-speed wireless to as many as 260 million people.
LightSquared Pulls the Plug  Wall Street Journal
It's official: LightSquared goes bankrupt  GigaOM
Showdown Looms Over LightSquared Wireless Venture
A hedge fund with ties to satellite mogul Charlie Ergen is headed for a bankruptcy-court showdown with Wall Street financier Philip Falcone over the fate of his LightSquared Inc. wireless venture, opening up yet another front in the battle for ...
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LightSquared Unveils New $210M Bankruptcy Financing Deal
Law360, New York (February 10, 2015, 7:38 PM ET) -- Bankrupt LightSquared Inc. told a New York bankruptcy judge on Tuesday that it has gotten access to a fresh $210 million round of financing to help it through what has so far been a difficult and ...
Solus Bids to Buy $500 Million of Ergen LightSquared Loan
(Bloomberg) -- LightSquared Inc. got an offer from hedge fund Solus Alternative Asset Management LP to buy $500 million of a loan held by Dish Network Corp.
Solus Springs $589M Equity Play In LightSquared Trial  Law360 (subscription)
Falcone files for 'divorce' from LightSquared
On Monday, Falcone filed “divorce papers” from LightSquared, his bankrupt wireless venture, in the form of a proposed plan of reorganization to lead the restructuring for LightSquared Inc., the smaller arm of the failed Reston, Va., startup ...
Falcone's Harbinger Capital Files New LightSquared Plan  Bloomberg
LightSquared plans head toward confirmation hearing  The Deal Pipeline
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