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IN RE NEXTWAVE PERSONAL COMMUNICATIONS, INC.

Bankruptcy No. 98 B 21529(ASH).

235 B.R. 314 (1999)

In re NextWAVE PERSONAL COMMUNICATIONS, INC., et al., Debtors.

United States Bankruptcy Court, S.D. New York.

June 16, 1999.

Attorney(s) appearing for the Case

Andrews & Kurth L.L.P., by Deborah L. Schrier-Rape, Gregory Bevel, Dallas, TX, for debtors.

Mary Jo White, United States Attorney for the Southern District of New York by Daniel S. Alter, New York City, for defendant.

DECISION DENYING MOTION TO LIFT THE AUTOMATIC STAY

ADLAI S. HARDIN, Jr., Bankruptcy Judge.

Following this Court's decision dated May 12, 1999 (the "May 12 Decision") sustaining the constructive fraudulent conveyance claim of debtor NextWave Personal Communications, Inc. ("NPCI"), the Federal Communications Commission ("FCC") has moved to lift the automatic stay under 11 U.S.C. § 362(d)(1) for "cause." The alleged "cause" is that, by reason of...

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