Intelsat has told its Chapter 11 bankruptcy court that it has achieved the support of some of its major debt holders. Intelsat says that it could lead to a “comprehensive” […]
Legal
Forrester’s Digest: An ‘Aye’ For Scottish Launch Site + Everyone Is Talking… About Satellite Mergers
A submission from a landowner who objected to the establishment of a rocket launch site in the Sutherland (Scotland) Highlands & Islands failed and permission has now been given for […]
Forrester’s Digest: Viasat’s Momentum, EchoStar’s Smallsat S-Band Save, EUTELSAT Vs. Intelsat’s EAN, Measat-3 Farewell
Broadband satellite operator Viasat has already a solid client list for its connectivity, including private customers, businesses and airlines. In reporting its Q1/2022 numbers to (June 30), the company said […]
Extra Bharti Cash Fully Funds OneWeb + Insider Trading Allegations Class Action Against Certain Intelsat Shareholders Heading To Court In July
Bharti Global has invested an extra $500 million (€420.5 million) into satellite constellation OneWeb and that means the business is now fully funded at $2.4 billion. Bharti’s influx of extra […]
The SES Versus Intelsat Trial Has An October Deadline
June 4th saw a joint agreement from lawyers to Intelsat’s Chapter 11 bankruptcy court saying that they have provisionally set the date for the two-week trial between SES and Intelsat […]
Intelsat’s Subsidiaries + Sister Companies At The Root Of Bankruptcy Court Headaches
Intelsat has dozens of inter-related subsidiary and sister companies. These associated business are creating significant headaches for its bankruptcy court, Intelsat’s many debtors and arch-rival SES. SES, and some bond […]
Intelsat Getting Tough + Musk’s Millions
The avalanche of legal filings and motions in the increasingly bitter dispute between SES and Intelsat over the division of C-band ‘incentives’ from the FCC is simply immense. April 14th […]
Intelsat’s Bankruptcy Court Postpones Hearing Regarding SES Unfair Practices Claim… Plus, Northrop Grumman’s MEV-2 Closing On Target Satellite
Intelsat’s bankruptcy court has postponed a March 17th hearing of the SES action against Intelsat where SES is claiming $1.8 billion for what that company alleges is unfair practice during […]
Speedcast Exits Chapter 11 Via Centerbridge Partners Ownership
Speedcast has successfully completed its restructuring process and has emerged from Chapter 11 proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s $500 million equity investment […]
Speedcast To Clear Chapter 11 Via Company Reorg With Millions In Centerbridge Equity Investments
Speedcast International Limited (ASX:SDA) (together with its subsidiaries, “Speedcast” or the “Company”) has announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited […]