Allocation of ViaSat litigation settlement payment resolved
Submit on Tuesday, December 2nd, 2014 22:54
Loral Space & Communications Inc. announced that during a 1 December 2014 mediation session, Loral and MacDonald, Dettwiler and Associates Ltd. (MDA) agreed that Loral will be responsible for US$45 million, and MDA and Loral’s former subsidiary, Space Systems/Loral, LLC (SSL), will be responsible for US$55 million, of the US$100 million ViaSat litigation settlement.
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