Replies to post #1761 on TerreStar Corporation (fka TSTRQ)

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At the start of today’s court hearing, Marathon Asset Management LP attorney Philip Anker said the hedge fund was prepared to replace EchoStar as TerreStar’s bankruptcy lender with its own $75 million loan.

Back-up funding for continued operations.

http://www.bloomberg.com/news/2010-11-16/echostar-s-75-million-bankruptcy-loan-to-terrestar-wins-judge-s-approval.html

[Xace]

Solus Alternative Asset Management LP - 7,312,839 - 4.97%
44,334,506(Float)
- 7,312,839 = 37021667(Float)