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Ligado Networks, formerly known as LightSquared, is an American satellite communications company. After restructuring, emerging from bankruptcy and modifying its network plan, the new company, Ligado Networks, launched in 2016. It operates the SkyTerra 1 satellite. [3]
That involuntary Chapter 7 case was converted to a Chapter 11 bankruptcy case in June 2011 at the request of the law firm. [6] On July 6, 2011, Howrey filed schedules of assets and liabilities with the bankruptcy court which listed assets of $138.7 million and liabilities of $107 million. [ 7 ]
In 2012, Hughes introduced its first offering of broadband satellite Internet. [41] In March 2017, Hughes became the first satellite-based internet service provider to meet the Federal Communications Commission's definition of "broadband" with HughesNet Gen5, following the launch of the EchoStar XVII and XIX high-throughput satellites.
Attorneys who dabble in a little of everything are likely not aware of the granular aspects of bankruptcy law or up to speed with the latest legal developments in this area of practice.
Loral Space & Communications Inc. is a Delaware-domiciled satellite communications company headed by Michael B. Targoff. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin for $9.1 billion. [3]
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