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UnitedLex still faces $128M lawsuit from LeClairRyan trustee
U.S. Bankruptcy Court judge rules lawsuit can move forward
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.
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McLean satellite operator eyes Chapter 11 emergence
Intelsat Corp. creditors approve restructuring
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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
OneWeb co-acquired by Maryland-based Hughes
London- and McLean-based satellite internet company filed for bankruptcy in March
Published
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
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Petersburg hotel operator files $28M claim in LeClairRyan bankruptcy case
Petersburg Regency LLC seeks relief in insurance dispute
Published
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