Try our Advanced Search for more refined results

Expert Analysis

Case Study: In Re TerreStar Networks

Law360, New York (September 22, 2011, 12:23 PM EDT) -- In a recent decision, Judge Sean H. Lane of the U.S. Bankruptcy Court for the Southern District of New York held that secured noteholders of TerreStar Networks Inc. and certain of its affiliates hold a valid lien on the economic value of TerreStar's Federal Communications Commission licenses, notwithstanding well-established federal law prohibiting a secured creditor from having a lien on an FCC license itself.[1] Importantly, Judge Lane also rejected any interpretation of FCC rulings that would direct the adjudication, priority or validity of bankruptcy claims, as such claims issues lie within the exclusive jurisdiction of the bankruptcy court....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Companies

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!