WILMINGTON, Del. (Legal Newsline) - Saying there was evidence a long-bankrupt manufacturer of asbestos gaskets had valuable insurance policies when it was dissolved, a Delaware judge reversed the cancellation of the company’s corporate status and ordered a receiver to be appointed to investigate further.
Cable company Cox inked an MVNO deal with Verizon in January 2021 and planned to launch mobile services by October 2021. The company spent roughly $99 million on the effort. But then T-Mobile got in the way.
Cable company Cox had hoped to launch mobile services via an MVNO with Verizon sometime this month. But a lawsuit filed by T-Mobile appears to have thrown that plan into chaos.