The CHASE MANHATTAN BANK, as Collateral Agent,
v.
IRIDIUM AFRICA CORPORATION; Iridium Canada, Inc.; Iridium China (Hong Kong) Ltd.; Iridium India Telecom Limited; Iridium Middle East Corporation; Iridium Sudamerica Corporation; Khrunichev State Research and Production Space Center; Korea Mobile Telecommunications Corporation; Lockheed Martin Corporation; Motorola, Inc.; Nippon Iridium (Bermuda) Limited; Pacific Electric Wire & Cable Co., Ltd.; Raytheon Company; Sprint Iridium, Inc.; Stet-Societa Finanziaria Telefonica Per Azioni; Thai Satellite Telecommunications Co., Ltd.; and Vebacom Holdings, Inc., Defendants.
United States District Court, D. Delaware.https://leagle.com/images/logo.png
October 23, 2002.
October 23, 2002.
Attorney(s) appearing for the Case
Stephen E. Jerkins, Esquire, Regina A. Iorii, Esquire, Ashby & Geddes, Wilmington, DE, for plaintiff The Chase Manhattan Bank.
Samuel A. Nolen, Esquire, Anne C. Foster, Esquire, Catherine G. Dearlove, Esquire, Richards, Layton & Finger, Wilmington, DE, for defendants, STET-Societa Finanziaria Telefonica per Azioni, and Korea Mobile Telecommunications Corporation.
Victor F. Battaglia, Esquire, Biggs & Battaglia, Wilmington, DE, for defendants Sprint Iridium, Inc.
Richard K. Herrmann, Esquire, Dale Dube, Esquire, Blank Rome Comisky & McCauley LLP, Wilmington, DE, for defendant Motorola, Inc.
William J. Marsden, Jr., Esquire, John T. Meli, Jr., Esquire, Fish & Richardson, P.C., Wilmington, DE, for defendants Iridium Africa Corporation, Iridium Middle east Corporation, and Krunichev State Research and Production Space Center.
David C. McBride, Esquire, Young, Conaway, Stargatt & Taylor, The Brandywine Building, Wilmington, DE, for defendant Iridium Canada, Inc.
Elizabeth A. Brown, Esquire, Morris, James, Hitchens & Williams, Wilmington, DE, for defendants Nippon Iridium (Bermuda) Limited, and Verbacom Holdings Inc.
John S. Spadaro, Esquire, Murphy, Spadaro & Landon, Wilmington, DE, for defendant, Pacific Electric Wire & Cable Co., Ltd.
Barry M. Klayman, Esquire, Wolf Block Schorr and Solis-Cohen LLP, Wilmington, DE, for defendant Iridium China (Hong Kong) Ltd.
United States District Court, D. Delaware.
MEMORANDUM
THYNGE, United States Magistrate Judge.
I. Background
Chase initiated this contract action against the Members of Iridium LLC. Chase alleges that the Members are obligated to pay to Chase on their individual Reserve Capital Call ("RCC") obligations under the LLC Agreement, an agreement between Iridium LLC and the Members of Iridium LLC. The RCC obligation requires each individual...
Let's get started
Welcome to the leading source of independent legal reporting Sign on now to see your case. Or view more than 10 million decisions and orders.
Updated daily.
Uncompromising quality.
Complete, Accurate, Current.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.
