Sprint Says DBSD Claim Decision Belongs With FCC

Law360, New York (November 20, 2009, 6:05 PM EST) -- Sprint Nextel Corp. has claimed a bankruptcy court made a reversible error in striking down its $1.9 billion spectrum-clearing reimbursement claims against DBSD North American Inc., saying the final call on the claim should go to the Federal Communications Commission.

In a brief filed Friday with the U.S. District Court for the Southern District of New York, Sprint called a bench decision from the bankruptcy judge overseeing the Chapter 11 case of DBSD and its affiliates “nonsensical” in interpreting a previous FCC order pertaining to spectrum-clearing...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.