UnitedLex’s motion to dismiss a $128 million lawsuit filed by LeClair Ryan PLLC trustee Lynn Tavenner was denied by a U.S. bankruptcy judge on Tuesday, according to The American Lawyer.
Intelsat Corp. creditors approve restructuring
McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion
London- and McLean-based satellite internet company filed for bankruptcy in March
Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters
Petersburg Regency LLC seeks relief in insurance dispute
Virginia hotel operator Petersburg Regency LLC filed a $28 million claim in the LeClairRyan bankruptcy case Thursday in Richmond, according to the federal court filing. Petersburg Regency is seeking relief