LightSquared Inc. (a/k/a SkyTerra Communications, Inc.) Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On February 24, 2015, 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 2096 and is described on the court’s official docket as follows:

Eighth Application for Interim Professional Compensation –Eighth Interim Fee Application of Latham & Watkins LLP for Compensation for Services Rendered and Reimbursement of Expenses Incurred as Special Federal Communications Commission (“FCC”) Counsel to Debtors and Debtors in Possession During the Eighth Interim Fee Period from September 1, 2014 Through and Including December 31, 2014 for Latham & Watkins LLP, Debtor’s Attorney, period: 9/1/2014 to 12/31/2014, fee:$280,013.50, expenses: $230.72. filed by Latham & Watkins LLP with hearing to be held on 3/25/2015 (check with court for location) Responses due by 3/18/2015,. (Seider, Mitchell)

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.


Leave a Reply