EchoStar unit fights lenders over chapter 11 control
EchoStar’s bankrupt subsidiary Hughes Network Systems is pushing back against a lender group’s bid to take over its chapter 11 case amid a dispute over prebankruptcy dividend payments.
EchoStar’s bankrupt subsidiary Hughes Network Systems is opposing a lender group’s effort to take control of its chapter 11 case, according to a Monday court filing. The telecommunications company said the dispute centers on prebankruptcy dividend payments.