It’s always lively at Intelsat’s Chapter 11 bankruptcy court. On September 24th, for example, there were 17 separate filings laid before the court. However, a key problem could be partially resolved on September 29th, when Intelsat’s bankruptcy court will be asked to appoint an external examiner to investigate the potential claims against Intelsat and the […]
SES, in a filing with Intelsat’s Chapter 11 bankruptcy court, says it wants Jane Mago as an expert witness in its dispute with Intelsat. Mago will speak as a witness on the general subject matter of her recent report which covers arguments regarding which Intelsat entity is entitled to any potential FCC accelerated relocation payments […]
The SES claim against Intelsat for a potential $1.8 billion has been postponed. Judge Keith Phillips, who is overseeing Intelsat’s Chapter 11 bankruptcy reconstruction, had earlier confirmed that the trial date for the SES vs Intelsat dispute over FCC payment allocations would start on September 20th. A new date has not – as yet – […]
September 8th saw Amazon fire off another salvo to the FCC with a list of complaints about SpaceX and also citing a WSJ comment that Elon Musk wages a “war on regulators” and that Musk allegedly breaks the rules and endangers people. The Amazon letter to the FCC (and from its subsidiary Kuiper Systems) is […]
A major suite of creditors of Intelsat (the Ad-Hoc/Convert Group) and which hold Intelsat’s 4.5 per cent convertible notes due 2025, are reserving their rights in Intelsat’s bankruptcy case. In a filing to the court on September 3rd, the group of creditors say that Intelsat have “repeatedly touted their goal to try to build further […]
Amazon, in a formal letter to the FCC on August 25th, objected to SpaceX’s enhanced plan for almost 30,000 new Starlink satellites and their adjusted orbits. SpaceX, in a letter to the FCC, said – in essence – that Amazon’s complaint is simply a delaying tactic. The company wrote: “The FCC should recognise this delay […]
The major Omnibus hearing on September 1st of Intelsat’s Chapter 11 bankruptcy reconstruction ended with Judge Keith Phillips approving Intelsat’s disclosure statement pending the company’s organising of a vote from creditors for Intelsat’s bankruptcy Amended Exit Plan. According to the company some 80 per cent of Intelsat’s $15 billion of creditors holding its debt obligations […]
Amazon, in a formal letter to the FCC last week, has objected to SpaceX enhanced plan for almost 30,000 new Starlink satellites and their adjusted orbits. SpaceX, in two submissions, said it could offer a better service by adjusting the existing planned orbits. Amazon, which is developing its own low Earth orbiting system, Project Kuiper/Kuiper […]
On September 1st the Intelsat bankruptcy court is scheduled to hold a pre-trial hearing on the SES claim for a greater share of the FCC’s incentive payments due from the C-band clearing process and auction. SES, in a filing to the court on August 25th, is asking that the actual trial scheduled for September 20th […]
Intelsat has told its Chapter 11 bankruptcy court that it has achieved the support of some of its major debt holders. Intelsat says that it could lead to a “comprehensive” financial restructuring that would reduce the operator’s debt by more than half – from almost $15 billion (€12.7bn) to $7 billion. The proposal, which comes […]