Lightsquared is not prepared to go gently into the night. They have hired Theodore Olson (among others) to help argue their case. Olson is most famous for having successfully argued for Bush in the Bush v. Gore Supreme Court case that settled the 2000 US Presidential election. In other words, Lightsquared brought out the big guns. Olson argues that government encouraged Lightsquared to invest in a startup technology then slammed the door in their face when final approval was sought. I’m not enough of a legal expert to know if Olson’s argument holds water, but it is rather telling a relatively famous attorney would take up the case.
As I’ve said in nearly every post in this ongoing saga…. we’ll keep you abreast of the situation as news becomes available.