US Bankruptcy Court in Manhattan

Philip Falcone's Harbinger asks bankruptcy court to reject Dish's bid for LightSquared

Harbinger Capital Partners, controlled by American investor Philip Falcone, has asked the US Bankruptcy Court in Manhattan to reject Dish Network Corp.'s $2.2 billion takeover bid for bankrupt satellite firm LightSquared Inc.

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Justice Department questions feasibility of LightSquared bankruptcy exit plans

The US Department of Justice objected to four restructuring plans put forth by bankrupt LightSquared and its creditors. The objection will be discussed at a bankruptcy court hearing on December 10 in Manhattan.

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