[Reuters] Ergen balks at treatment under LightSquared's restructuring plan

Posted by: UGN Security

[Reuters] Ergen balks at treatment under LightSquared's restructuring plan - 02/21/14 09:51 PM

NEW YORK (Reuters) - Charlie Ergen, the largest creditor of bankrupt wireless venture LightSquared, on Friday objected to a framework of the company's restructuring plan that would pay him in the form of a note while giving other lenders cash payouts.