US Trustee Seeks Investigation Into EchoStar's $1.5 Billion Transactions

The U.S. Trustee has urged a court to appoint an examiner to investigate alleged unusual transactions totaling $1.5 billion between EchoStar Corp. and its bankrupt subsidiary, Hughes Satellite Systems.

25 Aug, 20:59 — 25 Aug, 20:59

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bloombergHigh20h ago

EchoStar Deals Worth $1.5 Billion Must be Investigated, US Says

EchoStar Corp. allegedly engaged in $1.5 billion of “unusual transactions” with its bankrupt subsidiary, Hughes Satellite Systems Corp., according to the US Trustee, who urged the court to appoint an examiner to investigate the deals.

By Steven Church

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US Trustee Seeks Investigation Into EchoStar's $1.5 Billion Transactions

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EchoStar Deals Worth $1.5 Billion Must be Investigated, US Says

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