LightSquared Lenders Object To $6M Incentive Plan

By Lisa Uhlman · September 6, 2012, 2:46 PM EDT

A group of LightSquared LP's lenders objected Thursday to parent LightSquared Inc. and its affiliates' bid to implement a $6 million employee incentive plan, saying controlling equity owners Philip Falcone and...

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Case Information

Case Title

LightSquared Inc.

Case Number

1:12-bk-12080

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012