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

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.

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.
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