Satellite communications company Ligado Networks is trying to finance its bankruptcy with a high-fee loan that would eat up $100 million that could otherwise be used to repay creditors, according to ...

Satellite operator Ligado Networks has sued its contract partner Inmarsat shortly after filing for Chapter 11 bankruptcy. The company is seeking to recoup $1.7 billion in payments over a 2007 spectrum ...

On January 6th Ligado Networks entered Chapter 11 bankruptcy reconstruction. January 7th opened a legal action against London-based Inmarsat over a 2007 spectrum and capacity leasing agreement.

Jan 7 (Reuters) - Bankrupt satellite communications company Ligado on Tuesday sued its contract partner Inmarsat over a 2007 spectrum leasing agreement, seeking to recoup up to $1.7 billion in ...

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Ligado Networks filed a lawsuit against rival Inmarsat over alleged breaches of contract between the pair, with the troubled satellite company seeking financial damages covering a 17-year period. The ...

Ligado Networks yesterday announced it has filed ... Viasat to restructure Ligado’s significant payment obligations to Inmarsat, which Viasat acquired in 2023.” Viasat had been planning ...

Viasat acquired Inmarsat in 2023. “Ligado will continue to vigorously prosecute its litigation against the US government to enforce its constitutional right to just compensation for the government’s ...

Ligado Networks gets jiggy with AST SpaceMobile, sues Inmarsat AWS pledges $11bn to Georgia investments Samsung falls short in Q4 In today’s industry news roundup: Ligado Networks files for bankruptcy ...

REUTERS/Dado Ruvic/Illustration/File Photo By Dietrich Knauth Bankrupt satellite communications company Ligado on Tuesday sued its contract partner Inmarsat over a 2007 spectrum leasing agreement ...

Inmarsat said in a Wednesday court filing in Delaware that the company's existing lenders are only providing $115 million in new money to Ligado, while the rest of the bankruptcy loan merely ...