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    LightSquared Looks to Lawyers

    Fri, 02/17/2012 - 01:01 EDT - WSJ Europe
    • PAID
    • RDF10

    Philip Falcone has hired lawyers to map out a strategy to overcome a regulator's decision blocking the launch of wireless network start-up LightSquared.

    • Original article
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    Related

    • LightSquared Looks to Lawyers

      Philip Falcone has hired lawyers to map out a strategy to overcome a regulator's decision blocking the launch of wireless network start-up LightSquared.

    • LightSquared Asks FCC to OK on New Technology Plan

      LightSquared., the wireless venture controlled by hedge-fund manager Philip Falcone, wants regulatory approval for a plan it believes will overcome the technical problems that have postponed its launch of a next-generation network and tipped the company into bankruptcy protection.

    • LightSquared creditors eye equity, Falcone may cut role

      NEW YORK (Reuters) - LightSquared creditors are pushing for Philip Falcone's Harbinger Capital Partners to reduce its ownership stake in the money-losing telecommunications start-up as they extend talks to avoid declaring a loan default that would result in bankruptcy. Falcone has told creditors he could reduce his own role in LightSquared if they hold off on declaring a loan default. On Sunday, Falcone and LightSquared creditors agreed to delay a default notice on a $1.6 billion loan for at least a week as they continue their talks. ...

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    • Exclusive: Icahn sells LightSquared debt, creditors extend talks: sources

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    • LightSquared creditors eye equity, Falcone may cut role

      NEW YORK (Reuters) - LightSquared creditors are pushing for Philip Falcone's Harbinger Capital Partners to reduce its ownership stake in the money-losing telecommunications start-up as they extend talks to avoid declaring a loan default that would result in bankruptcy.

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