LIGHTSQUARED LP Bankruptcy Filing

Filing Information

LIGHTSQUARED LP 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 #12-12081.

LIGHTSQUARED LP Bankruptcy Information

The bankruptcy petition for LIGHTSQUARED LP showed assets in the range of more than $1B with liabilities in the range of more than $1B. LIGHTSQUARED LP reports that the number of creditors is in the range of 200-999.

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 LP 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.

What We Offer

At Bankruptcy Observer, our mission is to save you time and simplify the process of accessing and monitoring bankruptcy cases. Whether you're a legal professional, financial analyst, business owner, competitor, or employee of a bankrupt company, our platform will help you to stay informed and stay organized quickly and efficiently.

Advanced Search Capabilities

Quickly find specific bankruptcy cases with out highly indexed, relational database.

Real-Time Bankruptcy Monitoring

Stay updated with daily alerts on bankruptcy docket activity and changes.

Document Access and Retrieval

Instantly access, download, and store court documents related to any bankruptcy case.

Search for another bankruptcy case

Access This Case for Only $14.99/month*

Basic Information

Credit or debit card

* Subscription fee does not include the cost of documents which may be purchased separately.

LIGHTSQUARED LP Bankruptcy Docket Header

MEGA, JtAdm, CLOSED

U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 12-12081-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:	04/07/2016

Debtor LightSquared LP 450 Park Avenue Suite 2201 New York, NY 10022 NEW YORK-NY Tax ID / EIN: 54-1993801 aka SkyTerra LP aka Mobile Satellite Ventures LP	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
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

What is the BankruptcyObserver.com Database?

All bankruptcy reporting services in the United States are based on data initially published on PACER. BankruptcyObserver actively monitors all 95 US bankruptcy courts for newly filed bankruptcy cases and newly added bankruptcy docket entries, adding new bankruptcy data hourly. BankruptcyObserver's database of bankruptcy information includes all bankruptcies filed since 2005 (and many cases from before this date) which amounts to millions of bankruptcy cases and hundreds of millions of bankruptcy docket entries.

Anyone who has tried accessing bankruptcy data using PACER will attest to the fact that the service is not easy to use. There are nearly one hundred separate servers that might hold the data that you need and the forms you can use to query the data are very limiting. BankruptcyObserver makes the process of finding and monitoring bankruptcy cases easy. We have one database and we make the data easily accessible through an easy-to-use online interface. We also keep the data up to date, updating the bankruptcy cases every night and alerting subscribers to any changes every weekday (including holidays).

BankruptcyObserver.com offers the option of subscribing to monitor a single bankruptcy case or subscribing to access the entire bankruptcy database. Daily emails are provided updating subscribers on activities in any cases that they are monitoring and on new bankruptcy case filings.

All subscriptions to this site renew monthly. You can cancel at any time.