Philip Falcone’s LightSquared Inc. is set to open a trial accusing Charlie Ergen of improperly snapped up debt in the company to hijack its reorganization and get airwaves worth billions of dollars for Dish Network Corp., even as Dish has said it may withdraw its bid, Bloomberg News reported today. LightSquared, the satellite-based wireless provider controlled by Falcone’s Harbinger Capital Partners, is scheduled to go to trial against Ergen today before Bankruptcy Judge Shelley Chapman. The Reston, Va.-based company filed for bankruptcy in 2012 after failing to win regulatory approval to use the airwaves.
