InvestorsHub Logo
Followers 1
Posts 667
Boards Moderated 0
Alias Born 02/02/2012

Re: None

Saturday, 02/25/2017 10:37:43 AM

Saturday, February 25, 2017 10:37:43 AM

Post# of 4715
Terrestar Was a very complex bankruptcy case, and once the bankruptcy was approved and got rolling, their was no way to turn back the clock.

While in the case of Fibertower, the company's value is really in the 692 licenses that remain in pocession of the FCC, so one could argue that the current bankruptcy plan has not been substantially consummated

http://www.pepperlaw.com/publications/section-1144-action-moot-after-findings-of-substantial-consummation-2015-10-16/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.