The New York Times:

The New York Times: TechnologyCourt Orders Motorola to Pay $300 Million to Banks. A federal judge has ordered Motorola to pay $300 million to Chase Manhattan Bank and several other lenders to repay part of a loan to the company’s troubled satellite telephone venture, Iridium. It’s amazing that Motorola tried to avoid repaying this! Speaks volumes, IMHO!

This site uses Akismet to reduce spam. Learn how your comment data is processed.