Limitless Creditors Oppose Cell Tower Lease Rejection Plan

Law360, Wilmington (January 10, 2017, 6:49 PM EST) -- The unsecured creditors of bankrupt wireless communications firm Limitless Mobile LLC objected Tuesday to the company's attempt to reject more than 100 cell tower leases and abandon the wireless equipment mounted on the towers, saying it should wait until the end of January.

In the objection, the committee of unsecured creditors said that Limitless has enough money to continue paying leases on the cell towers in central Pennsylvania until Jan. 31. The money is available because of a negotiation with creditors that allows the company to...
To view the full article, register now.