Ligado Creditor Pans 'Exorbitant' Fees For $115M DIP Loan

By Yun Park · January 30, 2025, 5:15 PM EST

Satellite communications company Ligado Networks LLC's largest unsecured creditor asked a Delaware bankruptcy judge to reject the company's proposed $115 million Chapter 11 financing package, saying Ligado's secured lenders were seeking...

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