… manager Phil Falcone recently filed bankruptcy for LightSquared (The case is LightSquared Inc., 12-12080, U.S. Bankruptcy Court ..... Partners, Falcone's hedge fund, owned 74% of LightSquared as of January 27). According to Bloomberg …
(Reuters) - Hedge fund manager Philip Falcone's dream of bringing another wireless network to the United States likely came to an end on Monday, when LightSquared Inc, the ailing telecommunications company he bankrolled, filed for bankruptcy protection.
* Falcone: filing gives LightSquared breathing room By Svea Herbst Bayliss, Sinead Carew and Jonathan Stemple
As expected , LightSquared has filed for Chapter 11 bankruptcy . The would-be 4G network provider ..... creditors get back could depend heavily on the value assigned to LightSquared 's spectrum, which is plagued by GPS interference issues . Post …
May 14 (Reuters) - LightSquared , the wireless startup backed by hedge fund manager Philip Falcone, on Monday filed for Chapter 11 protection.
(Reuters) - LightSquared Inc , the startup telecommunications company bankrolled by hedge fund manager Philip Falcone, is expected to file for bankruptcy protection in the next hours, sources familiar with the matter said.
(Reuters) - Philip Falcone's telecom start-up LightSquared edged closer to a bankruptcy filing on Sunday as the hedge fund manager was far from an agreement with creditors, sources familiar with the matter said.
May 13 (Reuters) - Philip Falcone's telecom start-up LightSquared edged closer to a bankruptcy filing o n Su nday as the hedge fund manager was far from an agreement with creditors, sources familiar...
May 13 (Reuters) - Philip Falcone's telecom start-up LightSquared edged closer to a bankruptcy filing on Sunday as the hedge fund manager was far from an agreement with creditors, sources familiar...