August 06, 2026
A group of noteholders of insolvent telecommunications company Hughes Satellite has asked a Texas bankruptcy court to allow the appointment of an examiner to investigate $1.5 billion in transactions that creditors alleged were self-dealing between the firm and its parent.
August 04, 2026
Two companies facing significant asbestos-related liabilities headed to bankruptcy court with roadmaps for a resolution. A steel tube maker sought Chapter 15 protection following what it described as a year of tariff-related woes. And Arizona's largest fire district, which has stopped responding to emergency calls, filed for Chapter 9 relief after its local government withheld funding.
August 04, 2026
A Texas bankruptcy judge said Tuesday that he would allow Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, to use cash collateral if it sets aside a sum in escrow to protect creditors.
August 03, 2026
Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, has filed for Chapter 11 protection in Texas bankruptcy court with about $1.5 billion in funded debt.