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Ligado Networks LLC Bankruptcy Case

Ligado Networks LLC

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Overview Hearings Parties Financials Plan Filings

Case filing & court posture: Ligado Networks LLC filed chapter 11 on January 5, 2025 in Delaware (Case No. 25-10006). Dkt. 1 Judge Thomas M. Horan presides.
Liquidity & financing path: The debtors secured a $939 million DIP facility at 17.5% PIK interest, including approximately $442 million in new money. Dkt. 4 Dkt. 188 Final DIP order entered February 5, 2025.
Restructuring outcome: The debtors pursued a plan-based reorganization. Dkt. 696 Plan confirmed September 29, 2025. Dkt. 1004
Current status: Case remains in post-confirmation administration as of February 2026.

Updated May 13, 3:12 PM ET

Key Professionals

Financial Advisor

FTI Consulting

Investment Banker

Perella Weinberg Partners

Audit and Tax Services

Ernst & Young

Bankruptcy Transaction Advisor

PricewaterhouseCoopers

Coverage

Rntfnd·Jun 6, 2026

Why the FCC Must Reject Ligado’s Latest Plan - RNTF

Broadbandbreakfast·Jun 4, 2026

Dana Goward: Why the FCC Must Reject Ligado’s Latest Plan

Broadbandbreakfast·Mar 31, 2026

Ligado Can Pause $100 Million Payment to Inmarsat, Judge Rules

Allaboutlawyer·Mar 26, 2026

Ligado Vs. U.S. Government: The $39B GPS Spectrum Fight

Satellitetoday·Mar 18, 2026

Ligado Tells FCC That SkyTerra Next Proposal Won’t Cause Interference

Bloomberg Law·Mar 17, 2026

Ligado Seeks to Temporarily Pause $100 Million Inmarsat ...

Law360·Mar 12, 2026

Fed. Circ. Punts On Ligado's $40B Spectrum Takings Claim

Law360·Mar 8, 2026

Ligado Can Claw Back Emails In Ch. 11 Discovery With Boeing

Law360·Mar 7, 2026

3rd Circ. Nixes Stay Of Bankruptcy Court Order In Ligado Case

Law360·Mar 4, 2026

Inmarsat Gets Stay Of Bankruptcy Court Order In Ligado Case

Locationbusinessnews·Feb 12, 2026

Federal Circuit Panel Signals Supreme Court Path in Ligado's $40 ...

Substack·Feb 12, 2026

Federal Circuit Panel Signals Supreme Court Path in Ligado's $40 ...

Substack·Feb 12, 2026

Federal Circuit Panel Signals Supreme Court Path in Ligado's ...

Fedcircuitblog·Jan 28, 2026

Argument Preview - Ligado Networks LLC v. United States - Fed ...

Law360·Jan 27, 2026

Inmarsat Suit Over Ligado, AST Deal Broke Bankruptcy Stay - Law360

Oreate AI·Jan 18, 2026

Derek Hunter: A Key Player in Ligado Networks' Restructuring Journey

Kirkland & Ellis LLP·Dec 9, 2025

Derek I. Hunter | Lawyers - Kirkland & Ellis LLP

ligado.com·Dec 8, 2025

Press Releases / Official Announcements

Jenner & Block LLP·Dec 2, 2025

TW DECEMBER 2025.pdf

Willkie Farr & Gallagher LLP·Nov 25, 2025

Christopher DiPompeo

Case No.: 25-10006
Court: Delaware
Judge: Thomas M. Horan
Petition Date: Jan 5, 2025
Assets: $1,000,000,001-$10 billion
Liabilities: $1,000,000,001-$10 billion
Industry: Technology
Debtors: 11

Operates mobile satellite services (MSS) network and develops integrated satellite-terrestrial communication solutions leveraging proprietary L-Band spectrum assets for 5G public and private networks

Next Hearing

Jun 29, 2026

11:00 AM ET

Claims & Administration · Scheduled