Dish Bondholders Sue Struggling Company Over Asset Transfers

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Bloomberg,Charlie Ergen,Bondholders

(Bloomberg) -- Bondholders of struggling Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets ...

-- Bondholders of struggling Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.Javier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It

In January, Dish announced that it was shuffling assets including valuable spectrum licenses into new unrestricted subsidiaries, a maneuver that is often a prelude to discussions for new financing. Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock

 

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