Intelsat’s Chapter 11 bankruptcy court denied Intelsat’s Motion (Ref: 1774 of March 31st) to compel SES to produce its communications with Hogan Lovells US LLP, who were the legal advisers to the C-Band Alliance for both Intelsat and SES. The hearing was held on May 17th and the court denied in its entirety the Intelsat […]
Reporting on Intelsat’s Chapter 11 reconstruction is not helped by the slew of daily Motions and Filings made to the company’s bankruptcy court, nor by the conflicting arguments lodged by the varied interested parties. Yours truly is assisted in this revision by a source close to the action. There are two important strands: The first […]
Intelsat’s bankruptcy court ordered that a mediator be appointed to try and find more common ground between the disputing pair. That has now happened. SES and Intelsat informed the court on May 11th that the two litigants met on April 29th and agreed both the appointment and scope of the referees authority. The two parties […]
Intelsat’s Q1 results were released on May 5th and showed some significant improvements y-o-y. For example, total revenues for the quarter-year were $502.7 million ($458.8m in 2020) up by 9.6 per cent y-o-y, and while the company is still working its way through Chapter 11 bankruptcy reconstruction its net loss position also improved to $174.9 […]
Intelsat has announced a deal with Slovak Telekom that it says will change the landscape of its services, including DTH, in the Central and Eastern European (CEE) region. Finalised last week, the deal will provide Slovak with three new transponders for extra capacity, so the company can bring more content to its customers. “This collaboration […]
The Court handling Intelsat’s Chapter 11 bankruptcy reconstruction has agreed to delay the trial between SES and Intelsat and the SES claim over how the FCC’s C-band incentive payments are apportioned. SES is claiming that it is entitled to a greater share of the FCC payment and in addition is alleging that Intelsat is deliberately […]
Intelsat SA has issued its proxy notice to shareholders for its AGM to be held on June 15th in Luxembourg. The proxy notification was signed by Intelsat SA’s chairman, Dave McGlade who is still at the business despite allegations of past insider dealing. A Federal Court lawsuit in January 2021 claims that McGlade, Intelsat’s chairman […]
There’s to be a hearing at Intelsat’s bankruptcy court tomorrow (April 27th) where the judge will hear motions including those from SES which is looking for the court to compel Intelsat to release more documents (and to hear the related Intelsat replies). The SES requests are firmly denied by Intelsat. However, the court was informed […]
Intelsat’s bankruptcy judge, Keith Phillips, has ordered that the varies parties objecting to one or other of Intelsat’s proposed exit plan from bankruptcy must meet before a Mediation judge to try and resolve their objections. The mediation, however, is non-binding. The ruling was made on April 21st and the court appointed Judge Frank J. Santoro […]
The bitter C-band dispute between SES and Intelsat, and where SES is arguing for a greater share of the FCC’s incentive payments, will now be heard by Intelsat’s bankruptcy judge on April 27th. The hearing, according to Judge Phillips’ decision, will be heard in camera. The full transcript of the judge’s April 20th hearing has […]