Fibertower Corp fka FBBT

[condoe3]

The Bankruptcy Court had the right to invoke a stay on the movement of the licenses ...... However, in the opinion of the FCC, does the FCC believe the court overstepped their authority by terminating the rights of all parties with an interest in the 692 licenses in the dispute ??? The Big stick for unsecured creditors & Fibertower shareholders could be the FCC .... Since it is the FCC, not the Bankruptcy court that signs off on a change in ownership, is the FCC not mandated to insure that all parties that can sight an ownership interest in the 692 licenses be included in any new change in ownership transaction involving the 692 licenses.

So while the Bankruptcy Court did protect the rights of the debtors with the stay / the FCC has the power to conclude the Bankruptcy Court overreach its authority by eliminating the property rights of certain classes of ownership involved in dispute over the 692 licenses prematurely