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IN RE TELIGENT INC.

Bankruptcy No. No. 01-12974(SMB), Adversary No. 03-02523.

380 B.R. 324 (2008)

In re TELIGENT INC., Debtors. Savage & Associates, P.C., as the Unsecured Claim Estate Representative of Teligent, Inc., Plaintiff, v. Alex Mandl, Defendant.

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

January 3, 2008.

Attorney(s) appearing for the Case

Savage & Associates, P.C., Denise L. Savage, Esq., of counsel, Hudson, NY, for Plaintiff.

Kirkpatrick & Lockhart Preston Gates Ellis LLP, Robert N. Michaelson, Esq., Eric T. Moser, Esq., of counsel, New York City, for Defendant.

POST-TRIAL FINDINGS OF FACT AND CONCLUSIONS OF LAW

STUART M. BERNSTEIN, Chief Judge.

The plaintiff commenced this adversary proceeding to avoid and recover preferential and fraudulent transfers made by the debtor, Teligent, Inc. ("Teligent"), to its former Chairman and Chief Executive Officer ("CEO"), Alex Mandl. The dispute between the parties has been the subject of several opinions. See Savage & Assocs., P.C. v. Mandl (In re Teligent, Inc.),

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