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LightSquared Inc. news

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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 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 Plan Would Put Ergen in Control
3 (Bloomberg) -- LightSquared Inc.'s two-year-old bankruptcy case has become a tale of shifting fortunes in court for two billionaires competing for control of the wireless broadband company.
Ergen Deal Could Be LightSquared's Ticket Out Of Ch. 11  Law360 (subscription)
LightSquared in deal to hand control to Ergen  Yahoo! Maktoob News
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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 And The Value Of Wireless Spectrum  Seeking Alpha
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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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Forward Motions: LightSquared Seeks Vote on Restructuring Plan
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 Plan to Benefit JPMorgan, Ergen Says
April 28 (Bloomberg) -- LightSquared Inc.'s plan to reorganize will improperly benefit lenders including JPMorgan Chase & Co.
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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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Harbinger Loses Bid to Deny $2.4 Bln LightSquared Claim
Oct. 30 (Bloomberg) -- Philip Falcone's proposed plan to reorganize bankrupt wireless technology developer LightSquared Inc. is in jeopardy after his investment firm, Harbinger Capital Partners LLC, lost a court bid to reject a $2.4 billion claim made ...
Harbinger Fails In Attack On $1.7B LightSquared Guaranty  Law360 (subscription)
Harbinger cannot 'leapfrog' LightSquared creditors -US judge  Reuters
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Falcone Won't Give Up on $2.4 Billion LightSquared Claim
Nov. 14 (Bloomberg) -- Billionaire investor Philip Falcone isn't giving up control of the bankrupt wireless technology developer LightSquared Inc. without a fight. Falcone's Harbinger Capital Partners LLC is appealing a bankruptcy court ruling that ...
Falcone Won't Give Up On LightSquared Equity Play  Law360 (subscription)
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