If there Was Non-Disclosure in the LORL Bankruptcy - this is Fraud Against the U.S. Government and with a Qui Tam Lawsuit you may be Entitled to 20 to 30 percent of Recovery.
"Representation of official equity committees in the Chapter 11 cases of Loral Space and Communications (Southern District of New York) ..."
Source of Above Quote
http://www.snrdenton.com/people/b/bicks_john_a.aspx
His duties included investigating and prosecuting criminal cases involving municipal corruption, organized crime, labor racketeering and white collar crime. He also had extensive experience with court-supervised electronic surveillance.
John also appears regularly on live television news programs on Fox News, Court TV and CNN as a Legal analyst."
Note: in the Above Terrestar Timeline ...
No entry for 2002. On July 14, 2002, the company signed a contract with LORL to build a $216 million satellite - the biggest commercial satellite ever built.
There is Apparently No mention in the SEC Filings of either company.
John Bicks, Sonnenschein Nath & Rosenthal -
David Botter, Akin, Gump, Strauss, Hauer & Feld, LLP
"TerreStar-1 TerreStar Networks, Inc. under construction" (Page 28)
"5. TerreStar Satellite System
Source of Above and Full Document
TS-2 is 90% done. They are just waiting to to add the comm boards, depending upon the outcome of the BK. If Lightsquared gets Terrestar, they may put, 1.4GHz, 1.6GHz or 2GHz boards on it. If sprint buys it, they could change the mix to include their PCS spectrum.
Effectively, the second SAT will be used to straddle a range of frequencies, providing inter-satellite links to other satellites and backhaul to the ground network.
{Loral Space Communications Inc. -
Space Systems / Loral Inc. - Avi Katz Esq.}
Loral is On the Creditors Committee in the TerreStar Bankruptcy
Space Systems / Loral Inc. - Avi Katz Esq.}
Loral is On the Creditors Committee in the TerreStar Bankruptcy
LORL - there is Suspicious Activity around the Loral Space Systems Satellite Contracts
http://www.investigativeblogger.com/2011/02/unredacted-space-systemsloral-inc.html
http://www.investigativeblogger.com/2011/02/unredacted-space-systemsloral-inc.html
John Bicks, TS-2 Contract Corruption, Fraud against the U.S Bankruptcy Courts?
John Bicks seems to have
John Bicks seems to have
had a lot of prior relationships with the former CEO of Motient/TerrestarRay Steele. Ray Steele was CEO at the time the contract was signed in 2002.
John Bicks seems to have
John Bicks seems to have
covered up the TS-1 contract in the LORL ( Loral Space Communications) Bankruptcy.
http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingORIG1?ID=1821751&SessionID=inzoHFEXcwFiX77John Bicks Links and Resources
It is Said that in the Chapter 11 Case of Loral Space and Communications
that John Bicks of SNR Denton, Did NOT Disclose
that John Bicks of SNR Denton, Did NOT Disclose
http://www.investigativeblogger.com/2011/02/unredacted-space-systemsloral-inc.html
{At SNR Denton, John Bicks }
"At SNR Denton, John Bicks regularly represents debtors, official and unofficial committees, and individual creditors and equity holders in Chapter 11 cases and in out-of-court restructurings. He also represents purchasers of assets and plan sponsors in Chapter 11 cases. He has also represented defendants in numerous adversary proceedings."{At SNR Denton, John Bicks }
"Representation of official equity committees in the Chapter 11 cases of Loral Space and Communications (Southern District of New York) ..."
Source of Above Quote
http://www.snrdenton.com/people/b/bicks_john_a.aspx
Political and Media Connections - John Bicks SNR Denton
"John served as an assistant district attorney in New York County from 1985 to 1991, where he was assigned first to the Special Prosecutions Bureau and subsequently to the Rackets Bureau.His duties included investigating and prosecuting criminal cases involving municipal corruption, organized crime, labor racketeering and white collar crime. He also had extensive experience with court-supervised electronic surveillance.
John also appears regularly on live television news programs on Fox News, Court TV and CNN as a Legal analyst."
Source of Above
Seems Like Some Very Good Connections to Cover Up
a 216 Million Dollar Contract in a Major Chapter 11 Bankruptcy.**********
"SONNENSCHEIN, NATH & ROSENTHAL, ESQS.
Attorney for the Official Committee of Equity and Security Note Holders
1221 Avenue of the Americas
New York, New York 10020
BY: JOHN A. BICKS, ESQ.,
PETER WOLFSON, ESQ.,
ARTHUR H. RUEGGOR, ESQ"
WEIL GOTSHAL & MANGES LLP - Involved in this One Too."TONY CHRIST - Loral Stockholders Protective Committee "
Source of Above
This Document also References DBSD.
The Point is there is a 216 Million Dollar Liability that is Mixed in with the TerreStarBankruptcy and Loral Space Communications has allegedly NOT disclosed this, and Loral Space Communications is on the Creditors Committee for the TerreStar Bankruptcy.
***********
ICO - DBSD Debt Offering ( July 2005 )
Need Documents in Different format ?
eMail me at Crystal@CrystalCox.com
TerreStar Timeline Information
Note: in the Above Terrestar Timeline ...
No entry for 2002. On July 14, 2002, the company signed a contract with LORL to build a $216 million satellite - the biggest commercial satellite ever built.
There is Apparently No mention in the SEC Filings of either company.
Bernard Schwartz, with Avi Katz's advice apparently said the entire time that they had no satellite orders.
This Seems Like Fraud Upon the U.S. Government and Investors / Shareholders to Me..
Also Note:
It took them 7-years to build and launch the satellite from the date of the initial contract.
It took them 7-years to build and launch the satellite from the date of the initial contract.
************
John Bicks, Sonnenschein Nath & Rosenthal -
David Botter, Akin, Gump, Strauss, Hauer & Feld, LLP
"dated November 3, 2003 (the "Motion"), of Loral Space & Communications Ltd. ("Loral Ltd.") and its affiliated debtors (collectively, with Loral Ltd., "Loral" or the "Debtors") for, inter alia, the approval of (i) a key employee retention plan (the "Retention Plan") for certain employees of Space Systems/Loral ("SS/L"), for certain employees of the Loral Skynet Division ("Loral Skynet") of Loral SpaceCom Corporation ("SpaceCom") "
**********
"NEW SATELLITE ORDERS" - "TerreStar Satellite System"
"NEW SATELLITE ORDERS" - "TerreStar Satellite System"
"TerreStar-1 TerreStar Networks, Inc. under construction" (Page 28)
"5. TerreStar Satellite System
On or about July 14, 2002, SS/L and TerreStar Networks, Inc. (“TerreStar”) entered
into that certain Contract Between Terrestar Networks Inc. and Space Systems/Loral, Inc. for the
TerreStar 1 Satellite Program (Acceptance On-Orbit) (as amended by Amendments 1 through 5
thereto, the “Original TerreStar Contract”), pursuant to which SS/L agreed and undertook to design,
manufacture and deliver to TerreStar a 2 GHz-band geostationary satellite (the “TerreStar-1
Satellite”).
The design phase for the TerreStar-1 Satellite has already been completed and in April,
The design phase for the TerreStar-1 Satellite has already been completed and in April,
2005 SS/L commenced construction of the satellite.
In May 2005, SS/L and TerreStar amended and resta ted the Original TerreStar
Contract (the “Amended TerreStar Contract”). In addition to TerreStar’s obligation to purchase the
TerreStar-1 Satellite, pursuant to the Amended TerreStar Contract, TerreStar has an option to
purchase a second satellite.
The Debtors intend to file a motion with the Bankruptcy Court seeking
The Debtors intend to file a motion with the Bankruptcy Court seeking
approval of the Amended TerreStar Contract shortly."
Source of Above and Full Document
***********
There is a Statement of Work from Loral Space Communications, that proves TS-2, Terrestar's second satellite has been under construction since the spring of 2005. The original SOW lists two (2) satellites.
TS-2 is 90% done. They are just waiting to to add the comm boards, depending upon the outcome of the BK. If Lightsquared gets Terrestar, they may put, 1.4GHz, 1.6GHz or 2GHz boards on it. If sprint buys it, they could change the mix to include their PCS spectrum.
Effectively, the second SAT will be used to straddle a range of frequencies, providing inter-satellite links to other satellites and backhaul to the ground network.
Many believe that these capabilities have been designed into the system since day one.
Winners and losers? One thing they all agree on is that shareholders are the losers and have been engineered to be since day one.
Winners and losers? One thing they all agree on is that shareholders are the losers and have been engineered to be since day one.
**********
Loral Space Communications Connections
to EchoStar and Hughes Coming Soon
***********
Other Loral Space Communications Links for Research
http://www.techagreements.com/agreement-preview.aspx?search=lawfirm&lawFirmID=149&num=457564&title=Loral%20Space%20&%20Communications%20-%20Consent%20Order%20Approving%20Key%20Employee%20Retention%20Plan%20And
http://www.chemturacommittee.org/3780_11233.pdf
http://www.loral.com/pdf/LoralFourthAmendedDS.pdf
Contract Between Terrestar Networks Inc. and Space Systems/
http://www.chemturacommittee.org/3780_11233.pdf
http://www.loral.com/pdf/LoralFourthAmendedDS.pdf
Contract Between Terrestar Networks Inc. and Space Systems/
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