Philip Falcone


Philip Falcone News

  • SEC’s Mary Jo White Defies Political Meddling in Year One

    Mary Jo White took over the Securities and Exchange Commission with a back-to-basics plan to toughen enforcement and clear a backlog of regulations aimed at the last financial crisis.

  • TPG Joins Ex-LightSquared CEO in Myanmar Telecom Venture

    TPG Capital and former LightSquared Inc. Chief Executive Officer Sanjiv Ahuja are teaming up on a telecommunications venture in Myanmar, the first foray by a big- name U.S. private-equity firm in the country since it emerged from military rule three years ago.

  • LightSquared to Borrow $74 Million More in Bankruptcy

    Philip Falcone’s LightSquared Inc. will borrow an additional $74 million from existing lenders to stay alive in bankruptcy after saying it’s running out of cash and may fail to reorganize without more funds.

  • Dish’s Ergen Seeks to Sue Philip Falcone Over LightSquared

    Dish Network Corp. Chairman Charlie Ergen sought permission from a bankruptcy judge to sue Harbinger Group Inc. founder Philip Falcone as the two billionaires fight for control of LightSquared Inc.

  • Harbinger’s Falcone Wasted Assets, Investor Says in Suit

    Harbinger Group Inc. founder Philip Falcone wasted corporate assets in a bid to keep control of the investment firm after agreeing to a five-year ban on working in the securities industry, an investor contends in a lawsuit.

  • Iowa’s Friendlier Watchdogs Lead Insurer Pack to Des Moines

    After Symetra Financial Corp. was formed in 2004, the life insurer set up shop in a 25-story glass tower outside Seattle, put its name on the building and pushed the state to adopt more favorable rules for its business.

  • LightSquared Bid Dropped Over Technical Issue, Ergen Says

    Dish Network Corp. Chairman Charles Ergen said he learned more about the technical issue that ultimately led him to drop a $2.2 billion bid for LightSquared Inc.’s wireless spectrum just before an auction for the airwaves was supposed to begin Dec. 11.

  • LightSquared Lenders Protest Exclusion From Conference

    The judge in LightSquared Inc.’s bankruptcy has been excluding some parties from closed-door conferences, possibly hindering a resolution of the case, two companies underwriting the wireless broadband provider’s reorganization said.

  • LightSquared Seeks to Bar Ergen From Re-Opening Trial

    LightSquared Inc., which is seeking to put Charles Ergen’s $1 billion claim last in line behind other creditors, asked a judge not to re-open a trial over his purchases of the company’s debt after the Dish Network Corp. chairman brought forward new evidence.

  • LightSquared Can Raise $1 Billion, Credit Suisse Says

    Philip Falcone’s LightSquared Inc. will probably be able to borrow $1 billion to finance its exit from bankruptcy as a standalone company, Credit Suisse Securities LLC said in a letter made public yesterday.

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