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

On June 29, 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 2381 and is described on the court’s official docket as follows:

Ninth Application for Interim Professional Compensation / Ninth Application of Alvarez & Marsal North America, LLC Financial Advisors to Debtors and Debtors in Possession, for Interim Approval and Allowance of Compensation for Services Rendered and Reimbursement of Expenses During Period from January 1, 2015 Through March 26, 2015 for Alvarez & Marsal North America, LLC, Other Professional, period: 1/1/2015 to 3/26/2015, fee:$8,317.00, expenses: $57.24. filed by Alvarez & Marsal North America, LLC. (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.


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