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Ecostate

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Ecostate

Re: Ecostate post# 425

Wednesday, 02/05/2020 3:35:28 PM

Wednesday, February 05, 2020 3:35:28 PM

Post# of 990
WARNING-Intelsat Said to Weigh Chapter 11 Among Options on C-Band Plan- ntelsat SA is considering a possible Chapter 11 bankruptcy filing if U.S. regulators don’t increase the amount of compensation the company would receive for giving up some of its airwaves, a person close to the company said.

Intelsat has hired bankruptcy experts at Kirkland & Ellis LLP to prepare for possible restructuring, said the person who spoke on condition of anonymity because the matter isn’t public.

https://news.bloomberglaw.com/tech-and-telecom-law/intelsat-said-to-weigh-chapter-11-among-options-on-c-band-plan

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