Thursday, March 08, 2007
Published in Magazine:
Tuesday, May 01, 2007
On March 8, 2007, BCE Inc. completed an exchange with Motient Corporation of BCE's equity interests in TerraStar Networks Inc., a company that will offer satellite-based mobile communication services, and TerreStar Global Ltd., for 9,031,213 shares of publicly traded common stock of Motient. The amount is undisclosed.
The BCE team was led by vice-president general counsel Michel Lalande and senior legal counsel Martin Cossette. BCE was represented in the US by Alan Sinsheimer, William Farrar and Sandra Paterno of Sullivan & Cromwell LLP, and in Canada by Rene Sorell, Lorne Salzman, Alison Breen and Alasdair Federico of McCarthy Tétrault LLP.
Motient was represented in the United States by Ted Gilman, Jonathan Levine and Mark Young of Andrews Kurth LLP. TerraStar Networks Inc. and its affiliates were represented in the United States by Ross Hallock of Gibson, Dunn & Crutcher LLP, and in Canada by David Little and Tom Reaume (Securities) and Kirsten Embree (Regulatory) of Fraser Milner Casgrain LLP.