ICO Global Communications (Holdings) Limited (ICO Global), along with its subsidiaries is a development stage mobile satellite service (MSS) operator. The Company has one medium earth orbit (MEO) satellite in orbit (F2), and has 10 additional MEO satellites in various stages of completion. Due to disagreements with Boeing, the manufacturer and launch manager of the Company's MEO satellites, it has not advanced the development of its MEO satellites since the year ended December 31, 2004. On May 15, 2009, the Company's majority-owned subsidiary, DBSD North America, Inc., along with its subsidiaries (collectively referred to as DBSD) filed voluntary petitions for reorganization under Chapter 11 of Title 11 of the United States Bankruptcy Code (Chapter 11 cases) in the United States Bankruptcy Court for the Southern District of New York (Bankruptcy Court).