New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 11, 2014
08:17 EDTLORL, VSATLoral Space announces court overturns award in ViaSat suit, orders new trial
Loral Space & Communications (LORL) announced that the trial court on August 8 issued decisions on the post-trial motions filed in the breach of contract and patent infringement lawsuit brought by ViaSat (VSAT) against Loral and Loral's former subsidiary, Space Systems/Loral, or SSL. In its decisions, the court, finding that the jury's damages award resulted in a miscarriage of justice, vacated in full the $283M jury verdict against SSL. The court ordered that a new jury trial be held on the amount of damages and has tentatively scheduled the trial to proceed in November. The court deferred, until August 26, argument on ViaSat's motion seeking an injunction to prevent the manufacture and sale by SSL of additional satellites that infringe ViaSat's patents.
News For LORL;VSAT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2014
16:25 EDTLORLCanadian funds near $85 per share deal for Loral Space, Bloomberg reports
Subscribe for More Information
15:56 EDTLORLCanadian pension firms near $7B deal for Telesat, Bloomberg says
Loral participates in satellite services operations through its 64% interest in Telesat Holdings.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use