A series of motions filed into Intelsat’s bankruptcy court on March 31st asks the court to place under formal seal the document flow following on from Intelsat’s requests for SES to supply its correspondence with the then joint legal advisors to the C-Band Alliance (Hogan Lovells US LLP). The motion from Intelsat’s lawyers states that […]
SES has dramatically turned up the heat in its increasingly acrimonious dispute with Intelsat over the division of the FCC’s ‘incentive’ payments for C-Band restructuring over the US. There will be a detailed court hearing on SES’s allegations in June. Intelsat has already asked its bankruptcy court to ‘seal’ many of the documents, but SES, […]
Intelsat, still in the middle of its Chapter 11 bankruptcy reconstruction, continues to be hit by the Coronavirus and other severe headwinds. Its full-year loss for 2020 was a worrying $912 million (€776.3m) on revenues of $1.9 billion. Intelsat’s CEO Stephen Spengler, said: “The Covid-19 pandemic made 2020 a challenging year; however, we are proud […]
OneWeb (and its WorldVu business) and Intelsat have “consensually” settled and withdrawn their claims on each other as part of Intelsat’s Chapter 11 bankruptcy reconstruction. OneWeb itself also spent part of last year in Chapter 11. The filing into Intelsat’s bankruptcy court on March 29th stated: “Intelsat and the Reorganized Debtors of OneWeb will work […]
A hearing on March 17th before Judge Keith Phillips at his Intelsat bankruptcy court decided to deny certain stockholders any official voice in the upcoming Intelsat financial restructuring. The ad hoc group also wanted the court to determine which of the dozens of Intelsat businesses should receive the FCC’s C-band incentive payments. The group of […]
A motion lodged on March 12th, into the US bankruptcy court handling Intelsat’s Chapter 11 bankruptcy reconstruction, argues that one group of claimants on Intelsat’s debt promises is adopting a “scorched Earth” litigation policy in order to “extract an unjustified degree of leverage in these cases.” The motion was filed by the trustees for the […]
Intelsat’s bankruptcy court has postponed a March 17th hearing of the SES action against Intelsat and where SES is claiming $1.8 billion for what it alleges is unfair practice during the C-Band Alliance process and the subsequent division of the FCC’s ‘incentive’ payments for clearing the satellite frequencies. The bankruptcy court adjourned the hearing on […]
A Northrup Grumman ‘space tug’ rescue mission is closing in on its target satellite, Intelsat’s 10-02 craft. The Mission Extension Vehicle (MEV-2) has spent the past few days getting up close and personal to the Intelsat satellite while systems have been tested. The MEV-2 craft is having to be ultra-cautious because 10-02 is still a […]
SpaceX, which is moving ahead with its broadband-by-satellite service, is asking the FCC for permission to beam signals to moving vehicles, vessels and aircraft. If granted, the SpaceX services will be ‘blanket licensed’ under the FCC’s existing ‘Earth Stations in Motion’ rules and be capable of handling internet services to any moving vehicle including cars […]
Intelsat’s Chapter 11 bankruptcy court will hold an omnibus hearing on March 17th. The remote video hearing will see Judge Philips hear a number of motions. Three important items listed for hearing are the application by Intelsat’s lawyers for the court to approve Intelsat’s request for an “Expedited” process for its exit plan from bankruptcy. […]