IN RE LIGHTSQUARED INC.

Case No. 12-12080 (SCC) Jointly Administered.

513 B.R. 56 (2014)

IN RE: LIGHTSQUARED INC., et al., Debtors.

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

Signed July 11, 2014.


Attorney(s) appearing for the Case

Milbank, Tweed, Hadley & McCloy LLP, 1 Chase Manhattan Plaza, New York, NY 10005, By: Matthew S. Barr, Esq. , Alan J. Stone, Esq. , Michael L. Hirschfeld, Esq. , Karen Gartenberg., Esq. , International Square Building, 1850 K Street, NW, Washington, DC, 20006, By: Andrew M. Leblanc, Esq. , Attorneys for Debtors and Debtors in Possession.

Willkie Farr & Gallagher LLP, 787 Seventh Avenue, New York, NY 10019, By: Rachel C. Strickland, Esq. , James C. Dugan, Esq. , Tariq Mundiya, Esq. , Matthew Freimuth, Esq. , Attorneys for SP Special Opportunities, LLC.

Kirkland & Ellis LLP, 601 Lexington Avenue, New York, NY 10022, By: Paul M. Basta, Esq. , Joshua A. Sussberg, Esq. , Attorneys for Special Committee of Boards of Directors of LightSquared Inc. and LightSquared GP Inc.

Kasowitz, Benson, Torres & Friedman LLP, 1633 Broadway, New York, NY 10019, By: David M. Friedman, Esq. , Adam Shiff, Esq. , Attorneys for Harbinger Capital Partners LLC, HGW US Holding Company LP, Blue Line DZM Corp., and Harbinger Capital Partners SP, Inc.

White & Case LLP, 1155 Avenue of the Americas, New York, NY 10036, By: Thomas E Lauria, Esq. , Glenn M. Kurtz, Esq. , Andrew C. Ambruoso, Esq. , Julia M. Winters, Esq. , Attorneys for Ad Hoc Secured Group of LightSquared LP Lenders.

Akin, Gump, Strauss, Hauer & Feld LLP, One Bryant Park, New York, NY 10036, By: Philip C. Dublin, Esq. , Attorneys for U.S. Bank National Association and MAST Capital Management, LLC.

Bingham McCutchen LLP, 399 Park Avenue, New York, NY 10022, By: Jeffrey S. Sabin, Esq. , Attorneys for Centaurus Capital and Melody Business Finance.

Simpson Thacher & Bartlett LLP, 425 Lexington Avenue, New York, NY 10017, By: Sandeep Qusba, Esq. , Attorneys for JPMorgan.


DECISION DENYING CONFIRMATION OF DEBTORS' THIRD AMENDED JOINT PLAN PURSUANT TO CHAPTER 11 OF BANKRUPTCY CODE

SHELLEY C. CHAPMAN, UNITED STATES BANKRUPTCY JUDGE

TABLE OF CONTENTS

I. BACKGROUND ...62

A. The Third Amended Plan ...64 B. Motions Filed in Connection with Confirmation ...66 C. Pleadings Filed in Connection with the Plan and Confirmation-Related Motions ...67...

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