U.S. Bankruptcy Judge Shelley C. Chapman ruled in a hearing Tuesday that LightSquared could proceed with most of its claims â€" including a breach of contract claim â€" against Ergen’s firm SP Special Opportunities LLC, which he used...
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Judge Allows LightSquared Suit to Go Forward
Law360, New York (December 10, 2013, 9:29 PM ET) -- Bankrupt wireless firm LightSquared Inc. on Tuesday won the green light to proceed with most of its suit against Dish Network Corp. and its chairman Charlie Ergen, whom it is accusing of secretly buying $1 billion in LightSquared's debt in a tactical ploy for its valuable spectrum assets.
