SES has won a significant step in its long-running action against Intelsat over how the FCC’s compensation for C-band is apportioned. A Delaware Appeal Court has reversed the decision made by Intelsat’s bankruptcy court which ruled out the claim from SES. The Appeal Court has directed the claim now go back to Intelsat’s Bankruptcy Court. […]
Last week, the news emerged that SES had dropped its massive $1.35 billion claim on rival Intelsat for “punitive damages” over the way Intelsat handled the negotiations with the FCC and the division of FCC ‘incentive’ payments over the C-Band Alliance. The removal of the claim allows Intelsat’s Chapter 11 bankruptcy to proceed and cancels […]
An 80-page document from SES, filed on June 16th with Intelsat’s Chapter 11 bankruptcy court, lays out in historical detail why it wants the court to heavily penalise Intelsat for its alleged “wilful and intentional breaching of its fiduciary duties”. SES is asking the bankruptcy court to issue a Summary Judgement in favour of SES […]
A series of motions filed into Intelsat’s bankruptcy court on March 31st asks the court to place under formal seal the document flow following on from Intelsat’s requests for SES to supply its correspondence with the then joint legal advisors to the C-Band Alliance (Hogan Lovells US LLP). The motion from Intelsat’s lawyers states that […]