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Dish Wins Dismissal of Harbingers LightSquared Lawsuit

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Charlie Ergen's Dish Network Corp won dismissal yesterday of a lawsuit brought by Phil Falcone's Harbinger Capital Partners in a fight over LightSquared Inc, a wireless communications business that is in bankruptcy, Reuters reported yesterday. Harbinger had sought $4 billion from Dish in the lawsuit, alleging that Dish had tried to strip Falcone of ownership of LightSquared. The legal team for Ergen had called the lawsuit a transparent bid by Falcone to hold onto LightSquared after driving it into bankruptcy. Bankruptcy Judge Shelley Chapman ruled from the bench after a hearing yesterday and dismissed the claims against Dish, attorneys on both sides said afterward.