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LightSquared Inc. news

  
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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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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)
US investor lawsuit over Harbinger's LightSquared is dismissed
Once known as SkyTerra Communications Inc, LightSquared filed for bankruptcy protection in May 2012 after the U.S. Federal Communications Commission revoked its spectrum license.
Harbinger Investor Suit Over Lightsquared Dismissed by Judge  Bloomberg
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
LightSquared files for Chapter 11 bankruptcy protection  GlobalPost
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Bankruptcy: Solus Joins LightSquared Derby With New 11th-Hour Proposal
´┐ŻUnder the Solus plan, all classes of creditors and equity security holders of the [LightSquared] Inc. debtors and [LightSquared] LP debtors would receive the same or better treatment, and the debtors would receive significantly more cash, than is ...
LightSquared disclosure statement approved
Judge Shelley Chapman approved the disclosure statement to LightSquared Inc.'s reorganization plan during a Tuesday, Jan. 20 hearing.
Falcone's Harbinger Capital Files New LightSquared Plan
Aug. 11 (Bloomberg) -- Philip Falcone's LightSquared Inc., the bankrupt wireless company, is again the subject of competing plans over how to reorganize its business, with a potential hearing in October to confirm a final plan, a judge said.
LightSquared plans head toward confirmation hearing  The Deal Pipeline
Falcone fights to keep control of LightSquared as bankruptcy maneuvering ...  FierceWireless
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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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Globalstar: LightSquared Filing Reinforces Worthlessness Of GSAT's 1.6GHz ...
Globalstar (NYSEMKT:GSAT) shareholders, desperate for validation, have recently seized upon an unlikely source: the latest disclosure statement in the LightSquared bankrupty case. Like Globalstar, LightSquared sought to repurpose its satellite-based ...
LightSquared Files New Recovery Plan Backed by Harbinger
(Bloomberg) -- LightSquared Inc., the bankrupt broadband startup, filed a new reorganization plan that features exit financing of $1.25 billion and has support from Philip Falcone's Harbinger Capital Partners LLC, an original backer of the company ...
LightSquared Files Restructuring Plan That Includes Phil Falcone  Wall Street Journal
Harbinger Backs LightSquared's New Restructuring Plan  Law360 (subscription)
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