I've read several articles to the effect that the US will be basically out of spectrum within the next two years. Just like the article you reference.
The shareholders can make sure the receiver understands the value of the patent and the value of looking back to the players that put us where we are. I would think the shareholders might hold a significant amount of power in righting the wrongs of the past, especially given the ruling of the judge and the fact that shareholders were never represented in any court proceeding or settlement agreement. It is undisputed that management gave away most of Calypso's asset without a shareholder vote. This was done by a BOD that were not elected to represent the shareholder's. When you factor in that not only did the shareholders not get to elect a BOD, but a BOD was placed there in 2008 by the buyers, as part of that settlement agreement process. It really depends on whether the judge or receiver will allow outside shareholder suits, as to whether the past can be revisited, however this seems to be a place for significant undoing and return of value to the rightful owners, the shareholders. While this might have been possible in the past, I think the shareholders have a greater chance of pursuing this avenue, now that the court has confirmed that the shareholders have never been represented. There is no backing up on that idea and given the fact that the shareholder's haven't been represented, it would seem a number of options might have opened up. I will be interested in seeing how the receiver plans to proceed and whether he plans to revisit the past.
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