Attachment letter

letter

LETTER submitted by Celsat

letter

2005-01-28

This document pretains to SAT-MOD-20040717-00134 for Modification on a Satellite Space Stations filing.

IBFS_SATMOD2004071700134_416218

Skappen, Arps, State, MeacHer & FLoM LLP 1440 new york avenue, Nw rmuntressorrees waskmeton, oc. 2000511 aseron w pe tei: gomanz000 :P ies faczon sesereo 5 TX ReOP/NOd ie & T4 rorsrizec« rocsst so«e emver@szoconcon gea 03 altittee Pucod Polot granch Cfgureat ies e d meatont 199 snowone January 28, 200 Te 1Boire RECEIVED Marlene Dortch, Secretary Federal Communications Commission JAN 2 8 2005 445 12th Street, S.W. 12th Street Lobby, TW—A325 reden commicaton Connissin Washington, DC 20554 Oftert Secmiay RE: Celsat America, In SAT—MOD—2004071 Dear Ms. Dortch: Enclosed on behalfof Celsat America, Inc.("Celsat") please find a letter from David D. Often, Chairman & CEO of Celsat, responding to a letter dated January 24, 2005 to the undersigned counsel from Fem Jarmulnek, Deputy Chiefof the Satellite Division ofthe Commission‘s International Bureau. Please contact the undersigned should you have any questions concemning this submission. Sjneerely, Brizn D. Weimer Counsel to Celsat Enclosures cc: Fem Jarmulnck Alyssa Roberts $738.00 Sev in hsw

David D.Ottw Catman & CED Federal Communications Commission Washington, DC 20554 Attention: Fem J. Jarmuinek Deputy Chiet, Satelite Division Dear Ms. Jarmuineic: in response to yourletter of January 24, 2005,to date, Space Systems Loral (‘LoraF) has not assumed Celsat‘s satelite manufacturing contract, as amended (the "Celsat Contract). Any such assumption by Loral of the Celsat Contract will require bankruptcy court approval. When Celsat fled is request to modify ts satelite system and alter certain milestones with the Commission in July of 2004, Loral was expected to exit bankruptcy in the fall of 2004. Subsequent to Celsats request, however, the bankruptcy proceedings were delayed, and we are advised a hearing has now been scheduled for February 8", 2005, to obtain Gourt approval on the suffciency of the Loral Disclosure Statement. If approved on that date, a Confirmation Hearing wil be scheduled, which hearing date may fall as early as the end of March, 2005. Should all of these procedural matters continue on course, the timing for Loral to emerge from bankruptcyand assume contracts (including the Celsat Contract) wil be delayed untl no earier than the end of April208. While Lorals final Plan has not been presented to, or voted on by the creditors in the bankruptey process, allindications from Loral are that they plan to assume the Celsat Contract. Celsat will notify the Commission as soon as possible once Loral assumes the Celsat Contract and the assumption is approved by the bankruptey court Celsat did request that Loral assume the Celsat Contract last year, by motionin the banksuptey proceedings, but Loral has not agreed to that request — indicating that they prefer to simply fie the Plan previously mentioned, and assume all contracts at the same time. Yours Sincerely, Celsat America, Inc., by Aa«_ 0 P— David D. Often Chairman & CEO 14220 Deniags Ount. Ress 79 59511 ‘Taplace (775) S61—5780 Fax (77S) SS1—S16% EM dastistin@nin.com


Document Created: 2005-02-03 11:16:24
Document Modified: 2005-02-03 11:16:24
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