Judge Keith Phillips, who is supervising Intelsat’s Chapter 11 bankruptcy exit as well as on-going litigation between SES and Intelsat over the division of the FCC’s C-band incentive payments, issued some key rulings in court on February 2nd. Phillips ruled that James Murray could be called as a witness on behalf of Intelsat and would […]
February 2nd will see Intelsat’s Chapter 11 bankruptcy court hear the final pre-trial Motions and applications in the action whereby SES is seeking a 50/50 division of the FCC’s C-band incentive payments. Top of the list is the SES expedited hearing Motion to exclude the testimony of a proposed Intelsat expert witness (James Murray) who […]
Earlier this week, SES requested that Intelsat’s bankruptcy court forbid Intelsat calling James Murray to provide expert evidence as part of the SES vs Intelsat 50/50 claim over the FCC’s C-band incentive payments. Intelsat has now filed its own Motion, and it pulls no punches. Intelsat’s lawyers in a 2-page objection states bluntly: “If SES’s […]
Intelsat’s Chapter 11 bankruptcy reconstruction has seen the court-appointed Fee Examiner look at every invoice submitted during the three-month period of June 1st-August 31st 2021 by Intelsat’s various professional advisers and advisors to Intelsat’s shareholders and other key parties. The Examiner has trimmed just about every monthly/quarterly billing summary. The Examiner’s work is routine although […]
In the SES vs Intelsat court case, due to start on February 7th, Intelsat is looking to introduce evidence from James Murray, an acknowledged expert in telecommunications and competitive intelligence and currently working for PJT Partners. The problem is that Murray comes extremely late to the action. Intelsat’s bankruptcy Court ruled initially in June last […]
ArianeGroup Chief Executive André-Hubert Roussel has said the Ariane family of rocket launchers would be fully reusable starting by the end of this decade. His comments follow on from French Economics Minister Bruno Le Maire who has been highly critical of the Arianespace’s current use of non-reusable rockets, including the giant Ariane 5 and smaller […]
Between now and the end of 2023, the Federal Communications Commission (FCC) will pay out almost $10 billion (€8.8bn) in ‘accelerated clearance payments’. The FCC cash rewards the world’s four largest satellite operators for freeing up some of their C-band spectrum over the US. The question now is whether this windfall cash will be spent, […]
The FT reports that as Intelsat emerges from its Chapter 11 bankruptcy reconstruction the satellite operator will lose its CEO Steve Spengler (who will leave with a pay-out of at least $4 million) but could also find itself open to a takeover. SES is mentioned as a potential buyer. The FT quotes analyst Armand Musey, […]
At the moment, any merger plan between Dish Network and AT&T’s DirecTV is just behind the scenes talk. But it could happen, and if so, how would the pair start saving cash? The usual synergy promises will trim head-count and the marketing and advertising budgets would be trimmed. But what about those orbital assets? The […]
It goes without saying that the current British government is an embarrassment at home and abroad. With Trump, for now, off the stage, and Berlusconi, for now, in retirement, Boris Johnson has the stage to himself as a global unifier as nations the world over laugh at him, and pity us. One of the worst […]