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TerreStar files for bankruptcy protection

Submit on Wednesday, October 20th, 2010 22:55

TerreStar Corporation announced that its majority-owned subsidiary TerreStar Networks Inc. and certain other affiliates have filed voluntary petitions for reorganisation under chapter 11 of the U.S. Bankruptcy Code as part of a strategic plan to strengthen their financial position.
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This entry was posted on Wednesday, October 20th, 2010 at 10:55 pm and is filed under LAW & ORDER. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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