FAIRLESS HILLS, Pa. -- TerreStar wants to reject its agreements with Elektrobit Inc., one of the company's largest unsecured creditor. Elektrobit has filed a $25 million claim in TerreStar's bankruptcy cases.
More news on TerreStar's bankruptcy, including Colbeck Capital's objection to the $13 million proposed financing for TerreStar Corp. and the schedules of assets and liabilities filed by TerreStar Corp., are in TERRESTAR BANKRUPTCY NEWS, Issue No. 20 published by Bankruptcy Creditors' Service, Inc.
The newsletter contains these headlines:
[00247] TERRESTAR CORP.'S MOTION TO OBTAIN $13MM IN DIP FINANCING
[00248] DEBTORS' MOTIONS TO REJECT ELEKTROBIT AGREEMENTS
[00249] TERRESTAR CORP.'S SCHEDULES OF ASSETS & LIABILITIES
[00250] TERRESTAR CORP.'S STATEMENT OF FINANCIAL AFFAIRS
[00251] TERRESTAR HOLDING INC.'S SCHEDULES OF ASSETS & DEBTS
[00252] TERRESTAR HOLDINGS INC.'S STATEMENT OF FINANCIAL AFFAIRS
[00253] TSC DEBTORS' LIST OF EQUITY SECURITY HOLDERS
[00254] TSN DEBTORS' MOTION TO PURCHASE EQUIPMENT FOR $557,472
[00255] DEBTORS' OMNIBUS OBJECTION TO SPRINT NEXTEL'S CLAIMS
[00256] STIPULATION EXTENDING TSN COMMITTEE'S CHALLENGE PERIOD
[00257] TSC DEBTORS' MOTION TO EMPLOY BLACKSTONE AS ADVISOR
[00258] TSC DEBTORS' MOTION FOR TSN ORDERS TO BE MADE APPLICABLE
[00259] DEBTORS' APPLICATION TO EMPLOY AKIN GUMP AS MAIN COUNSEL
A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=TERRESTAR for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.
TERRESTAR BANKRUPTCY NEWS tracks the restructuring of TerreStar Corporation, TerreStar Networks Inc. and their affiliates.
How to Subscribe to TERRESTAR BANKRUPTCY NEWS
TERRESTAR BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.
To continue receiving TERRESTAR BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=TERRESTAR
[00247] TERRESTAR CORP.'S MOTION TO OBTAIN $13MM IN DIP FINANCING
[00248] DEBTORS' MOTIONS TO REJECT ELEKTROBIT AGREEMENTS
[00249] TERRESTAR CORP.'S SCHEDULES OF ASSETS & LIABILITIES
[00250] TERRESTAR CORP.'S STATEMENT OF FINANCIAL AFFAIRS
[00251] TERRESTAR HOLDING INC.'S SCHEDULES OF ASSETS & DEBTS
[00252] TERRESTAR HOLDINGS INC.'S STATEMENT OF FINANCIAL AFFAIRS
[00253] TSC DEBTORS' LIST OF EQUITY SECURITY HOLDERS
[00254] TSN DEBTORS' MOTION TO PURCHASE EQUIPMENT FOR $557,472
[00255] DEBTORS' OMNIBUS OBJECTION TO SPRINT NEXTEL'S CLAIMS
[00256] STIPULATION EXTENDING TSN COMMITTEE'S CHALLENGE PERIOD
[00257] TSC DEBTORS' MOTION TO EMPLOY BLACKSTONE AS ADVISOR
[00258] TSC DEBTORS' MOTION FOR TSN ORDERS TO BE MADE APPLICABLE
[00259] DEBTORS' APPLICATION TO EMPLOY AKIN GUMP AS MAIN COUNSEL
A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=TERRESTAR for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.
TERRESTAR BANKRUPTCY NEWS tracks the restructuring of TerreStar Corporation, TerreStar Networks Inc. and their affiliates.
How to Subscribe to TERRESTAR BANKRUPTCY NEWS
TERRESTAR BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.
To continue receiving TERRESTAR BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=TERRESTAR
Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com
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