May 22, 20080
Motorola Settles Iridium Bankruptcy Cases

Motorola, Inc. today announced that on May 20, 2008, Judge James M. Peck approved a global settlement of disputes in the Iridium bankruptcy cases pending in the United States Bankruptcy Court for the Southern District of New York. Approval of this settlement resolves in Motorola’s favor, at no out of pocket cost to the Company, all pending claims against the Company arising out of Iridium’s bankruptcy proceedings.
“This is a favorable outcome for Motorola,” said Peter Lawson, …

