Security Interest Exists in Economic Value of FCC License

Business Valuation UpdateVol. 17 No. 10
Legal and Court Case Update
October 2011
4899 Communications Services, NEC
517410 Satellite Telecommunications
bankruptcy
bankruptcy code

In re Terrestar Networks, Inc.
2011 WL 3654543 (Bkrtcy. S.D.N.Y.)
August 19, 2011
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.

See Also

In re Terrestar Networks, Inc.

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.