Dish Network Fights DBSD Plan Cramdown In 2nd Circ.

Law360, New York (August 5, 2010, 6:45 PM EDT) -- Seeking to reverse the cramdown of a Chapter 11 plan for DBSD North America Inc., Dish Network Corp. told a federal appeals court Thursday that it was not plotting to wrest control of its bankrupt rival by investing in DBSD debt.

Dish lawyer Lawrence Byrne of Linklaters LLP told a panel in the U.S. Court of Appeals for the Second Circuit that New York bankruptcy judge Robert Gerber “made a clear legal error” by ruling that Dish’s vote should be discounted because of the company’s alleged...
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