The Court handling Intelsat’s Chapter 11 bankruptcy reconstruction has agreed to delay the trial between SES and Intelsat and the SES claim over how the FCC’s C-band incentive payments are apportioned. SES is claiming that it is entitled to a greater share of the FCC payment and in addition is alleging that Intelsat is deliberately […]
Intelsat SA has issued its proxy notice to shareholders for its AGM to be held on June 15th in Luxembourg. The proxy notification was signed by Intelsat SA’s chairman, Dave McGlade who is still at the business despite allegations of past insider dealing. A Federal Court lawsuit in January 2021 claims that McGlade, Intelsat’s chairman […]
There’s to be a hearing at Intelsat’s bankruptcy court tomorrow (April 27th) where the judge will hear motions including those from SES which is looking for the court to compel Intelsat to release more documents (and to hear the related Intelsat replies). The SES requests are firmly denied by Intelsat. However, the court was informed […]
Intelsat’s bankruptcy judge, Keith Phillips, has ordered that the varies parties objecting to one or other of Intelsat’s proposed exit plan from bankruptcy must meet before a Mediation judge to try and resolve their objections. The mediation, however, is non-binding. The ruling was made on April 21st and the court appointed Judge Frank J. Santoro […]
The bitter C-band dispute between SES and Intelsat, and where SES is arguing for a greater share of the FCC’s incentive payments, will now be heard by Intelsat’s bankruptcy judge on April 27th. The hearing, according to Judge Phillips’ decision, will be heard in camera. The full transcript of the judge’s April 20th hearing has […]
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 holders, are arguing that Intelsat is deliberately using these sister businesses to hide its current and especially future assets. Those future assets include the much-anticipated […]
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 saw another flood of documents, but one stood out, which contained Intelsat’s strong rebuttal of some of SES arguments. The opening paragraph says it all: […]
A Northrop Grumman Mission Extension Vehicle, MEV-2, successfully docked with Intelsat 10.02 on April 12th. MEV-2, as its name indicates, is the second rescue tug from Northrop Grumman used to make contact with an Intelsat craft and thus extend the mission of the orbiting satellite by around five more years. The rescue was a ‘first’ […]
Satellite operator SES is maintaining pressure on Intelsat and its lawyers over the upcoming trial between the two regarding the disputed division of FCC C-band incentive payments. SES, in its filing to Intelsat’s Chapter 11 bankruptcy court on April 8th, asked the court to compel Intelsat to supply documents ahead of the trial. SES says […]
Intelsat is asking its Chapter 11 bankruptcy court for more time to deliver its exit plan from bankruptcy. A hearing scheduled for April 14th will see Judge Phillips asked for more time. Intelsat says the additional time is necessary to ensure that it maintains control of its case, which is particularly complicated because of the […]