https://tmfassociates.com/blog/2014/05/29/mutually-assured-destruction/ Satellites, spectrum and other stuff Tue, 03 Feb 2026 21:36:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 https://tmfassociates.com/blog/2014/05/29/mutually-assured-destruction/comment-page-1/#comment-36273 TMF Associates MSS blog » Playing in the mud… Wed, 02 Jul 2014 18:36:37 +0000 http://tmfassociates.com/blog/?p=5072#comment-36273 [...] Remember that Cerberus’s involvement was proposed by Fortress but was unacceptable to Harbinger back in January, when “Mr. Falcone exercised those veto rights in the weeks after the January 23 meeting when he objected to Fortress’ suggestion that Tom Donahue of Cerberus join LightSquared’s board.” (see ¶32 of SPSO’s proposed Findings of Fact). This appears to be further confirmation that Harbinger is being forced out of the new proposed capital structure for LightSquared, as I indicated earlier this month and that’s why Phil Falcone is currently threatening to sue the FCC. [...]

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