In re Iridium Operating LLC

Full Text of Court Cases
October 24, 2012
4813 Telephone Communications, Except Radiotelephone
517911 Telecommunications Resellers

In re Iridium Operating LLC
373 B.R. 283
Federal Court
New York
United States Bankruptcy Court
M. Freddie Reiss and Mark Spragg (creditors’ committee); Paul Pfleiderer and R. Bruce Den Uyl (defendants)


Bankruptcy court confirms that the market price of a public company is the more reliable measure of equity value than experts’ “subjective” estimates, particularly when they do not adequately explain, rebut, or analyze contemporaneous market valuations.
In re Iridium Operating LLC
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