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Declan Ganley’s Rivada settles $3m debt to save space satellite company

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The settlement is the latest development in an ongoing legal battle between Ganley and his former business partner

Declan Ganley’s Rivada Networks has paid $3.

1 million to settle a debt judgment registered against the company in a New York court, thus avoiding having to hand over the subsidiary that controls its ambitious space satellite project.Shuman’s company, Astraea NYC LLC, had made an application for a ...

 

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