In re Terrestar Networks, Inc.

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August 19, 2011

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4899 Communications Services, NEC
517410 Satellite Telecommunications
bankruptcy
bankruptcy code
In re Terrestar Networks, Inc.
2011 WL 3654543 (Bkrtcy. S.D.N.Y.)
US
Federal Court
New York
United States Bankruptcy Court
Lane

Summary

Bankruptcy court holds that a security interest may exist in the economic value of an FCC license, despite federal law precluding the granting of a collateral interest in the license itself.
In re Terrestar Networks, Inc.
PDF, Size: 111 KB

See Also

Security Interest Exists in Economic Value of FCC License

Legal and Court Case Update
October 2011

Bankruptcy court holds that a security interest may exist in the economic value of an FCC license, despite federal law precluding the granting of a collateral interest in the license itself.

This article also appears in:
Business Valuation & Bankruptcy Compendium, Third Edition