On June 26, 2014, an application for interim approval of professional compensation was filed in the bankruptcy case of LightSquared Inc. (a/k/a SkyTerra Communications, Inc.) and its affiliates.
The filing was assigned docket number 1603 and is described on the court’s official docket as follows:
Application for Interim Professional Compensation / Sixth Interim Application of Ernst & Young LLP as Tax and Agreed Upon Procedures Service Provider to the Debtors and Debtors in Possession, for Allowance and Payment of Compensation for Professional Services and Reimbursement of Actual and Necessary Expenses During Period From January 1, 2014 Through and Including April 30, 2014 for Ernst & Young LLP, Other Professional, period: 1/1/2014 to 4/30/2014, fee:$735,938.77, expenses: $629.88. filed by Ernst & Young LLP. (Gartenberg, Karen)
LightSquared Inc. (a/k/a SkyTerra Communications, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 14, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 12-12080. The bankruptcy case is currently assigned to United States Bankruptcy Judge Shelley Chapman. The law firm of Milbank, Tweed, Hadley & McCloy LLP is acting as lead bankruptcy counsel to LightSquared Inc. (a/k/a SkyTerra Communications, Inc.) in the bankruptcy case.