Monday, February 28, 2011

LORL - Unredacted Space Systems/Loral, Inc. Contract - LORL Suspicious Activity on Satellite Contracts.

Space Systems/Loral, Inc.

"Weil, Gotshal & Manges LLP Attorneys for Debtors and Debtors in Possession"

"United States Bankruptcy Court Southern District of New York"

re: "Loral Space & Communications LTD" Chapter 11 Lead Case 03-41710 (RDD) 03041709, 03-41728.

".. Approval of Assumption of Amended Executory Contract with TerreStar Networks Inc."

"... annexed Motion, dated August 15th, 2005 (the "Motion"), of Loral Space & Communications Ltd and its affiliated debtors in the Above-Referenced chapter 11 cases ..."

".. (Attn: Ira S. Green, Esq. and Scott A. Golden, Esq.), the attorney for TerreStar Network Inc. "


Unredacted Loral Contract - TerreStar Bankruptcy -

Source of Above Quote
http://www.docstoc.com/docs/72574391/Unredacted-Loral-Contract---TerreStar-Bankruptcy


Space Systems/Loral, Inc. Satellite Contract Resource Links

http://www.faqs.org/sec-filings/100303/Hughes-Network-Systems-LLC_10-K/

http://www.fcc.gov/Bureaus/Common_Carrier/Reports/fcc99005.txt


TerreStar Loral Research Links

http://www.terrestar.com/press/archive/20070529.html
"After learning of the revised delivery schedule from Loral we reached out to Arianespace, the commercial launch service chosen by TerreStar to launch TerreStar-1 and as a result of our "launch on demand" arrangement, Arianespace has moved our launch period to now commence on August 1, 2008 to accommodate Loral's new scheduled delivery date. "

"This modification in schedule has not changed the expected capital requirements of TerreStar. We have consistently informed investors and partners that we expect to raise additional capital for the build out of our next generation integrated communications network. However, because of the new delivery schedule for TerreStar-1, TerreStar will not need to make the final payments to Loral and Arianespace until 2008 and will not have to pay a majority of launch insurance in 2007. Consequently, TerreStar does not anticipate the need to raise additional capital for the remainder of 2007. "
More Coming Soon to this Post...

Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.