On February 25, 2015, a motion for a protective order/to file a pleading under seal was filed in the bankruptcy case of LightSquared Inc. (a/k/a SkyTerra Communications, Inc.) and its affiliates.
The filing was assigned docket number 2123 and is described on the court’s official docket as follows:
Motion to Seal OBJECTIONS TO (1) SECOND AMENDED JOINT PLAN PURSUANT TO CHAPTER 11 OF THE BANKRUPTCY CODE AND (2) MOTION FOR ENTRY OF ORDER AUTHORIZING PAYMENT OF ALTERNATIVE TRANSACTION FEE IN CONNECTION WITH PROPOSED PLAN OF REORGANIZATION filed by Emanuel C. Grillo on behalf of Providence TMT Special Situations Fund LP and TMT Debt Opportunity Fund II LP, investment funds managed by affiliates of Providence Equity Partners LLC (collectively, the “Providence Funds”). (Grillo, Emanuel)
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.