Sure, it all makes sense now.
All this seems like a waste of money, right? Think again and bring the bankruptcy fees. Case Number 1:12-bk-12080 got their exit financing approved on 2 June 2015, so the end is near. The FCC is asking for comment on the available frequencies.
Who’s involved in this bankruptcy? These are the entities for Reston, VA-based LightSquared:
Are we counting the “lawyer dollars” now? More, please. Here are the people on the other side of the table…
Creditor
ACE American Insurance Company and other members of the ACE group of companies
Represented by:
Karel S. Karpe, KarpeLaw
Creditor
APA Properties No. 10, LP
Represented by:
Patrick J. Potter, Pillsbury Winthrop Shaw Pittman LLP
Creditor
ASM Capital IV, L.P.
Represented by:
Douglas Wolfe, ASM Capital, LP
Creditor
ASM Capital, L.P.
Represented by:
Douglas Wolfe, ASM Capital, LP
Unknown
AT&T Corp.
Represented by:
David A. Rosenzweig, Norton Rose Fulbright US LLP
Creditor
Ad Hoc Group of LightSquared LP Lenders
Represented by:
Glenn M. Kurtz, White & Case, LLP
Julia M Winters, White & Case LLP
Unknown
Ad Hoc Preferred LP Group
Represented by:
Creditor
Alcatel-Lucent USA, Inc.
Represented by:
Alyse M. Aruch, McCarter & English
Unknown
Donna Pelligrini Alderman
Represented by:
Joel M Melendez, Molo Lamken LLP
Financial Advisor
Alvarez & Marsal North America, LLC
Represented by:
Karen Gartenberg, Milbank, Tweed, Hadley & McCloy LLP
Unknown
BDC Parkridge LLC
Represented by:
Anthony D. Boccanfuso, Arnold & Porter
Stockholder
Blue Line DZM Corp.
Represented by:
Paul Nii-Amar Amamoo, Kasowitz, Benson, Torres & Friedman LLP
David M. Friedman, Kasowitz, Benson, Torres & Friedman, LLP
Creditor
Boeing Satellite Systems, Inc.
Represented by:
Todd J. Rosen, Munger, Tolles & Olson LLP
Bradley Schneider, Munger, Tolles & Olson, LLP
Creditor
Cates Strategy Group, LLC
Represented by:
Leon S. Jones, Jones & Walden, LLC
Interested Party
Centaurus Capital LP
Represented by:
Jeffrey S. Sabin, Venable LLP
Claims and Noticing Agent
Kurtzman Carson Consultants LLC, Claims Agent
Represented by:
Unknown
Clerks Office of the U.S. Bankruptcy Court
Represented by:
Creditor
Raymond Coburn
Represented by:
Creditor
Comerica Bank
Represented by:
Ronald Scott Beacher, Pryor Cashman LLP
Conrad Chiu, Pryor Cashman LLP
Unknown
Covington & Burling LLP
Represented by:
Ronald A. Hewitt, Covington & Burling LLP
Unknown
Crown Castle USA Inc.
Represented by:
Leslie Ann Berkoff, Moritt, Hock & Hamroff, LLP
Creditor
DACA VI LLC
Represented by:
Unknown
DISH NETWORK CORPORATION
Represented by:
Brian D. Glueckstein, Sullivan & Cromwell LLP
Attorney
DLA Piper LLP (US)
Represented by:
Gregg M. Galardi, DLA Piper LLP (US)
Creditor
Dallas County
Represented by:
Elizabeth Weller, Linebarger Goggan Blair & Sampson, LLP
Creditor
Debt Acquisition Co of America V, LLC
Represented by:
Interested Party
Deere & Company
Represented by:
Philip Le B. Douglas, Jones Day
Attorney
Dentons Canada LLP
Represented by:
Karen Gartenberg, Milbank, Tweed, Hadley & McCloy LLP
Unknown
Dickstein Shapiro LLP
Represented by:
Shaya M. Berger, Dickstein Shapiro, LLP
Mediator
Robert D. Drain
Represented by:
Interested Party
Charles W. Ergen
Represented by:
James C. Dugan, Willkie Farr & Gallagher LLP
Other Prof.
Ernst & Young LLP
Represented by:
Karen Gartenberg, Milbank, Tweed, Hadley & McCloy LLP
Lars A. Peterson, Foley & Lardner LLP
John A. Simon, Foley & Lardner LLP
Unknown
FCDB LSQ LLC
Represented by:
Creditor
Fortress Credit Investments I Ltd., Fortress Credit Investments II Ltd., Fortress Credit Funding IV LP, Fortress Credit Opportunities I LP, Worden Master Fund LP, Worden Master Fund II LP, Drawbridge
Represented by:
Unknown
Fortress Investment Group LLC
Represented by:
Kristopher M. Hansen, Stroock & Stroock & Lavan LLP
Other Prof.
Fraser Milner Casgrain LLP
Represented by: Interested Party
Garmin International, Inc.
Represented by:
Philip Le B. Douglas, Jones Day
Paul Bartholomew Green, Jones Day
Unknown
Gibson, Dunn & Crutcher LLP
Represented by:
Michael A. Rosenthal, Gibson, Dunn & Crutcher LLP
Stockholder
HGW US Holding Company, L.P.
Represented by:
Paul Nii-Amar Amamoo, Kasowitz, Benson, Torres & Friedman LLP
David M. Friedman, Kasowitz, Benson, Torres & Friedman, LLP
Stockholder
Harbinger Capital Partners LLC
Represented by:
Paul Nii-Amar Amamoo, Kasowitz, Benson, Torres & Friedman LLP
Daniel A. Fliman, Kasowitz, Benson, Torres & Friedman LLP
David M. Friedman, Kasowitz, Benson, Torres & Friedman, LLP
Unknown
Harbinger Capital Partners LLC, et al.
Represented by:
Ronit J. Berkovich, Weil, Gotshal & Manges LLP
Debra A. Dandeneau, Weil, Gotshal & Manges, LLP
Stockholder
Harbinger Capital Partners SP, Inc.
Represented by:
Paul Nii-Amar Amamoo, Kasowitz, Benson, Torres & Friedman LLP
David M. Friedman, Kasowitz, Benson, Torres & Friedman, LLP
Unknown
Intelsat Corporation
Represented by:
Stephen B. Selbst, Herrick, Feinstein LLP
Interested Party
Jacksonville Police and Fire Pension Fund
Represented by:
Michael S. Etkin, Lowenstein Sandler LLP
Cassandra M. Porter, Lowenstein Sandler LLP
Unknown
STEPHEN KETCHUM
Represented by:
Charles E. Bachman, O’Melveny & Myers LLP
Peter M. Friedman, O’MELVENY & MYERS LLP
Attorney
Kirkland & Ellis LLP
Represented by:
Paul M. Basta, Kirkland & Ellis, LLP
Christopher Marcus, Kirkland & Ellis LLP
Joshua Sussberg, Kirkland & Ellis LLP
Unknown
Kurtzman Carson Consultants LLC
Represented by: Interested Party
L-Band Acquisition, LLC
Represented by:
Brian D. Glueckstein, Sullivan & Cromwell LLP
Rachel C. Strickland, Willkie Farr & Gallagher LLP
Unknown
Latham & Watkins LLP
Represented by:
Debtor
LightSquared Inc.
Represented by:
Matthew Scott Barr, Milbank, Tweed, Hadley & McCloy
Paul M. Basta, Kirkland & Ellis, LLP
Karen Gartenberg, Milbank, Tweed, Hadley & McCloy LLP
Christopher Marcus, Kirkland & Ellis LLP
Alan Stone, Milbank Tweed Hadley & McCloy LLP
Mitchell S. Bigel, Myers Bigel Sibley & Sajovec, P.A.
Creditor
Liquidity Solutions, Inc.
Represented by: Unknown
MAST Capital Management LLC
Represented by:
Philip Dublin, Akin, Gump, Strauss, Hauer & Feld, LLP
Lawrence S. Robbins, Robbins Russell Englert Orseck Untereiner
Interested Party
Melody Business Finance, LLC
Represented by: Attorney
Milbank, Tweed, Hadley & McCloy LLP
Represented by:
Matthew Scott Barr, Milbank, Tweed, Hadley & McCloy
Creditor
Missouri Department of Revenue
Represented by:
Steven A. Ginther, Missouri Department of Revenue
Financial Advisor
Moelis & Company LLC
Represented by:
Karen Gartenberg, Milbank, Tweed, Hadley & McCloy LLP
Unknown
New York State Department of Labor
Represented by:
Creditor
One Beacon Street Limited Partnership
Represented by:
Douglas B. Rosner, Goulston & Storrs, P.C.
Creditor
Oracle America, Inc.
Represented by:
Shawn M. Christianson, Buchalter Nemer Fields & Younger
Amish R. Doshi, Magnozzi & Kye
Creditor
James Paull, IV
Represented by:
Lawrence A. Katz, Leach Travell Britt PC
Creditor
Jay Paull, IV
Represented by:
Lawrence A. Katz, Leach Travell Britt PC
Creditor
John Paull
Represented by:
Lawrence A. Katz, Leach Travell Britt PC
Unknown
Pillsbury Winthrop Shaw Pittman LLP
Represented by:
Bruce D. Jacobs, Pillsbury Winthrop Shaw Pittman LLP
Brandon Johnson, Pillsbury Winthrop Shaw Pittman LLP
Matthew J Oliver, Pillsbury Winthrop Shaw Pittman LLP
Patrick J. Potter, Pillsbury Winthrop Shaw Pittman LLP
Dania Slim, Pillsbury Winthrop Shaw Pittman LLP
Unknown
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”)
Represented by:
Emanuel C. Grillo, Baker Botts L.L.P.
Creditor
SBA Structures Inc. and SBA Towers III LLC
Represented by:
Lucian Murley, Saul Ewing LLP
Interested Party
SIG Holdings, Inc.
Represented by:
Nicholas E. Baker, Simpson Thacher & Bartlett LLP
Sandeep Qusba, Simpson Thacher & Bartlett LLP
Interested Party
SP Special Opportunities, LLC
Represented by:
James C. Dugan, Willkie Farr & Gallagher LLP
Tariq Mundiya, Willkie Farr & Gallagher LLP
Rachel C. Strickland, Willkie Farr & Gallagher LLP
Interested Party
Lili Schad
Represented by:
Scott D. Cousins, Bayard, P.A.
Kevin D. Galbraith, Zamansky & Associates LLC
Jacob H. Zamansky, Zamansky & Associates, LLC
Unknown
Sandeep Singh
Represented by:
Unknown
Solus Alternative Asset Management LP
Represented by:
Malek Schiffrin LLP, Malek Schiffrin LLP
Interested Party
Sound Point Capital Management, L.P.
Represented by:
Charles E. Bachman, O’Melveny & Myers LLP
Peter M. Friedman, O’MELVENY & MYERS LLP
Unknown
Special Committee of the Board of Directors of LightSquared Inc. and LightSquared GP Inc.
Represented by:
Paul M. Basta, Kirkland & Ellis, LLP
Joshua Sussberg, Kirkland & Ellis LLP
Interested Party
TR Capital Management, LLC
Represented by: Creditor
Tennessee Department of Revenue
Represented by:
Marvin E. Clements, Jr., Office of the Tennessee Attorney General
Unknown
The Law Office of John T. Whelan, LLC
Represented by:
John T. Whelan, The Law Office of John T. Whelan LLC
Interested Party
The U.S. GPS Industry Council
Represented by:
Philip Le B. Douglas, Jones Day
Interested Party
Trimble Navigation Ltd.
Represented by:
Philip Le B. Douglas, Jones Day
Unknown
U.S. Bank National Association
Represented by:
Philip Dublin, Akin, Gump, Strauss, Hauer & Feld, LLP
John W. Weiss, Alston & Bird LLP
Creditor
UBS AG
Represented by:
Adam J. Goldberg, Latham & Watkins, LLP
David S. Heller, Latham & Watkins
U.S. Trustee
United States Trustee
Represented by:
Susan D. Golden, Office of United States Trustee SDNY
Unknown
United States of America on behalf of the Federal Communications Commission
Represented by:
Alicia M. Simmons, U.S. Attorney’s Office, SDNY
Creditor
Universal Service Administrative Company
Represented by:
Michael L. Schein, Vedder Price, P.C.
Unknown
Weil, Gotshal & Manges LLP
Represented by:
Debra A. Dandeneau, Weil, Gotshal & Manges, LLP
Interested Party
Wilmington Savings Fund Society, FSB
Represented by:
Darren T. Azman, McDermott Will & Emery LLP
Unknown
Wilmington Trust, National Association
Represented by:
David S Forsh, Pillsbury Winthrop Shaw Pittman LLP