Intelsat S.A.

  1. September 05, 2023

    Intelsat Asks To Reopen Ch. 11 After SES Claim Remand

    Satellite operator Intelsat SA filed a joint motion to reopen its Chapter 11 case late Friday in Virginia bankruptcy court, following through on a stipulation with competitor SES Americom Inc. that the proceedings would resume if the district court reversed the denial of SES' $421 million claim against the estate.

  2. October 07, 2022

    BakerHostetler Accused Of Fraud, Jones Asks For New Hire

    Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.

  3. October 04, 2022

    Intelsat Not Liable for Contract Breach, Judge Rules

    A Virginia bankruptcy judge has ruled against a satellite operator creditor of Intelsat SA on breach of contract claims related to an agreement to split the proceeds from selling capacity on communications spectrum, finding a decision by the Federal Communications Commission to hold a public auction instead nullified the agreement.

  4. April 19, 2022

    Intelsat Creditor Says Deal Breach Was A Money Grab

    A satellite operator creditor of Intelsat SA told a Virginia bankruptcy judge on Tuesday that Intelsat pulled out of a contractual arrangement to split the proceeds from selling capacity on wireless communications spectrum as part of a money grab to stave off bankruptcy.

  5. February 17, 2022

    FCC Approves Intelsat's Plan To Emerge From Bankruptcy

    The Federal Communications Commission on Wednesday gave its blessing to Intelsat SA's plan to emerge from Chapter 11, finding that a transfer of control from the bankrupt commercial satellite operator to a planned new parent company is in the public interest.

  6. February 07, 2022

    Intelsat Competitor Wants $1.8B In Ch. 11 Bandwidth Fight

    A competitor of reorganized debtor Intelsat SA told a Virginia bankruptcy judge that it's entitled to $1.8 billion in damages from a joint project to vacate the companies' space on a satellite communications spectrum, accusing Intelsat of reneging on a contract at the last minute to keep an unfair share of $9.7 billion in payments from wireless carriers.

  7. December 16, 2021

    Intelsat Strikes Ch. 11 Deal To Confirm Restructuring Plan

    Intelsat SA brokered a last-minute deal Thursday morning that helped the bankrupt commercial satellite operator reach consensus among its creditors for a Chapter 11 restructuring, leading a Virginia judge to approve the reorganization plan later in the day. 

  8. December 15, 2021

    Intelsat Reaches Deal To Pay First-Lien Notes In Ch. 11

    Commercial satellite operator Intelsat SA filed a proposed settlement Wednesday in the Virginia bankruptcy court that would pay the allowed claims of first-lien noteholders in full from the proceeds of a new post-bankruptcy loan.

  9. December 13, 2021

    Judge Pauses Intelsat Ch. 11 In Va. For Mediation Push

    Confirmation opponents in the $15 billion Chapter 11 of global satellite telecommunications venture Intelsat SA received a 1½-day break after a sixth day of testimony Monday, with a judge reporting signs of progress during parallel mediation efforts.

  10. December 09, 2021

    Intelsat Creditors Float $1.8B Note Remedy In $15B Ch. 11

    An Intelsat SA creditor quizzed a company financial adviser Thursday on whether the bankrupt venture had taken a new look at reinstating some $1.8 billion in first lien notes to save cash and claims in its nearly $15 billion Chapter 11 debt restructuring case, pointing to recent success with the tactic in another proceeding.