Dish, Ergen Escape Harbinger's $1.5B Suit Over LightSquared
Law360, Los Angeles (April 28, 2015, 11:47 PM EDT) -- A Colorado federal judge Tuesday tossed Harbinger Capital Partners LLC's $1.5 billion racketeering suit accusing Dish Network Corp. of wresting away the hedge fund's control over LightSquared Inc., ruling its claims were too similar to those in a suit in LightSquared's bankruptcy case.
Granting defendants' motion to dismiss, U.S. District Judge William J. Martinez ruled that the racketeering suit, filed in July of last year, violated prohibitions on claim-splitting and collateral attacks amid an adversary proceeding Harbinger launched in September 2013. However, the judge said the dismissal was without prejudice to Harbinger refiling its claims in another forum.
Harbinger, Philip Falcone's...
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