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LightSquared Inc. news

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Falcone's Harbinger Capital Files New LightSquared Plan
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
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LightSquared Offers New Dish Proposal With Ergen in Mind
Philip Falcone's LightSquared Inc. filed a reorganization plan that offers new treatment to Dish Network Corp. (DISH) Chairman Charles Ergen's $1 billion in debt, in a bid to resolve a protracted legal fight.
LightSquared Offers Ch. 11 Plan Averting Ergen Debt Brawl  Law360 (subscription)
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Milbank Reaps $14M In LightSquared Bankruptcy Fees
Law360, Los Angeles (August 08, 2014, 5:52 PM ET) -- A New York bankruptcy judge on Friday signed off on nearly $19 million in fees for professionals working on the LightSquared Inc. bankruptcy, with debtors' counsel Milbank Tweed Hadley & McCloy LLP ...
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LightSquared Fights GPS Makers' Bid To Toss Contract Suit
Law360, New York (August 04, 2014, 9:38 PM ET) -- Bankrupt LightSquared Inc. blasted Monday Garmin International Inc. and other GPS companies' bid to nix the wireless startup's contract suit over spectrum usage, saying in New York court that their ...
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LightSquared Seeks $121M In DIP Financing
Law360, New York (August 26, 2014, 7:09 PM ET) -- Lightsquared Inc. has asked a New York bankruptcy court to approve $120.6 million in post-petition financing during its drawn-out bankruptcy battle, according to documents filed Monday.
Harbinger Files Competing LightSquared Bankrutpcy Plan
Mast's proposal would also split LightSquared into �Inc.� and �LP� divisions. Both Harbinger and Mast plan to oppose the LP reorganization proposed by LightSquared; that unit's largest creditor and one of the biggest beneficiaries of that latest plan ...
LightSquared losses since bankruptcy filing hit $1.51 billion
... to get a much smaller slice of LightSquared under a tentative plan announced last month but later scrapped. Harbinger opposes LightSquared's plan, and has presented a reorganization proposal for a smaller piece of the company called the "Inc." assets.
There's room for T-Mobile on Ergen's Dish
... chairman Charlie Ergen challenged Softbank Corp. chairman and CEO Masayoshi Son to a hostile bid for Sprint Nextel Corp. last year, and has been reprimanded in bankruptcy court for his aggressive tactics in targeting Philip Falcone's LightSquared Inc.
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Forward Motions: Revel Set to Hit Bankruptcy Auction Block
In the plan, filed Thursday with the Manhattan bankruptcy court, LightSquared didn't make any references to a prior $3.05 billion restructuring proposal it had touted, which would have given 74% of the company to Cerberus Capital Management, Fortress ...
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Canada Agency Cites Host of Factors for Quebec Rail Disaster
The Transportation Safety Board of Canada's final report into the Lac-M�gantic derailment, which killed 47 people, cited 18 factors for the accident, among them a weak safety culture at the train's operator�Montreal, Maine & Atlantic Railway Ltd.�and ...
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