Entries tagged "InPhonic Inc."
Here are some of the latest bankruptcy stories our reporters have been covering Wednesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Iridium gives creditors 1% Iridium Operating LLC ended its marathon bankruptcy by giving unsecured creditors a 1% recovery. An agreement among Iridium, its creditors, former parent Motorola Inc. and J.P. Morgan Chase Bank NA was reached. The uncontested settlement ends a $4 billion fraudulent conveyance and breach of fiduciary lawsuit that the creditors filed against Motorola by giving those creditors a $16 million recovery on their roughly $1.6...
