LIGHTSQUARED INC. Bankruptcy Filing

Filing Information

LIGHTSQUARED INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on May 14, 2012. This is a voluntary filing; it was assigned the bankruptcy case number #12-12080.

LIGHTSQUARED INC. Bankruptcy Information

The bankruptcy petition for LIGHTSQUARED INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. LIGHTSQUARED INC. reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as 'None of the Above'. The options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

LIGHTSQUARED INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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LIGHTSQUARED INC. Bankruptcy Docket Header

Lead, MEGA, CLMAGT, FeeDueAP, PENAP, CLOSED, SchedF, LV2APPEAL, WDREF, Mediation

U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 12-12080-scc

Assigned to: Judge Shelley C. Chapman
Chapter 11
Voluntary
Asset

Show Associated Cases

Claims Register

Debtor disposition: Discharge Not Applicable

Date filed:	05/14/2012
Date terminated:	04/18/2016
Plan confirmed:	03/27/2015

Debtor LightSquared Inc. 450 Park Avenue Suite 2201 New York, NY 10022 NEW YORK-NY Tax ID / EIN: 23-2368845 aka SkyTerra Communications, Inc.	rep. by	Matthew Scott Barr Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, NY 10153 212 310 8000 Fax : 212 310 8007 Email: Matt.Barr @ weil.com Paul M. Basta Kirkland & Ellis, LLP 601 Lexington Avenue New York, NY 10022 (212) 446-4800 Fax : (212) 446-4900 Email: pbasta @ kirkland.com Mitchell S. Bigel Myers Bigel Sibley & Sajovec, P.A. 4140 Parklane Avenue, Suite 600 Raleigh, NC 27612 (919) 854-1400 Fax : (919) 854-1401 Email: mbigel @ myersbigel.com TERMINATED: 07/25/2012 Karen Gartenberg Milbank, Tweed, Hadley & McCloy LLP 28 Liberty Street New York, NY 10005 (212) 530-5000 Fax : (212) 530-5219 Email: kgartenberg @ milbank.com Christopher Marcus Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022 (212) 446-4800 Fax : (212) 446-4900 Email: cmarcus @ kirkland.com Patrick J. Potter Pillsbury Winthrop Shaw Pittman LLP 1200 Seventeenth Street NW Washington, DC 20036 (202) 663-8928 Fax : (202) 663-8007 Email: patrick.potter @ pillsburylaw.com Mitchell A. Seider 885 Third Avenue New York, NY 10022 (212) 906-1200 Fax : (212) 751-4864 Email: mitchell.seider @ lw.com Alan Stone Milbank Tweed Hadley & McCloy LLP 1 Chase Manhattan Plaza New York, NY 10005 (212) 530-5000 Fax : (212) 530-5219 Email: astone @ milbank.com
Debtor Reorganized Debtors NEW YORK-NY	rep. by	Karen Gartenberg (See above for address)
U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500	rep. by	Susan D. Golden Office of United States Trustee SDNY 33 Whitehall Street New York, NY 10004 (212) 510-0500 Fax : (212) 668-2255 Email: susan.golden @ usdoj.gov
Claims and Noticing Agent Kurtzman Carson Consultants LLC, Claims Agent Attn: James Le 2335 Alaska Avenue El Segundo, CA 90245 www.kccllc.com 310-823-9000

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