2025 could be make or break year for Declan Ganley and OuterNet satellite project
The Irish entrepreneur has been left with precious few assets, while funding for Rivada Space Networks’ multi-billion-dollar network remains uncertain
The Irish entrepreneur has been left with precious few assets, while funding for Rivada Space Networks’ multi-billion-dollar network remains uncertain
Rivada shareholder David Schuman cite failure to pay debt judgment while his ‘social media postings display that he continues to lead a life of luxury’
Businessman has filed lawsuit against private equity investor David Shuman
German-headquartered Rivada Space Networks had notified a late payment of employee salaries in June
Threat of incarceration ‘not justified under law’, Ganley tells court in latest episode in ongoing dispute between businessman and and a shareholder in Rivada Networks
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Cost of ‘unhackable’ satellite internet rising as debtors come looking for their money
US manufacturer struck a $2.4bn deal last year to build the satellites for Rivada’s OuterNet project
Businessman had been ordered to turn over control of a number of companies and make monthly payments of $20,000 to investor David Shuman
Terran Orbital’s latest accounts cut backlog from $2.7bn to $312.7m, citing primarily ‘the removal of the unpaid portion of the Rivada agreement’
Businessman accused of failing to make monthy payments tied to $20m debt
Ganley’s firm plans to create an ‘unhackable’ satellite internet by 2026, but it needs to raise $2.4bn first
Rivada Networks founder in bitter legal dispute with New York investor David Shuman, who secured default debt judgment estimated at $20m
Rivada raising funds to build a multibillion-dollar satellite constellation made up of hundreds of low-Earth orbit satellites
CNN says case should be heard in US, while Declan Ganley pushes for Irish hearing
New York judge says Irish businessman’s ‘incredible assertion’ does not warrant hearing as ‘no reasonable finder of fact could conclude that the shares are worth $15m’
Investor suing Declan Ganley to pay remainder of a default debt judgement
Businessman says turnover of Rivada shares exceeds multimillion dollar debt judgment
Court documents lift the lid on a surprising lack of revenue at his company Rivada Networks in a fight with investor David Shumanthat shows no let-up
Telecoms entrepreneur’s lawyer cites lack of money and tax issues for failure to transfer assets but also promises legal challenge
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Long-running legal dispute relates to settlement of debt with New York private equity investor David Shuman
Accumulated losses of €3.1m build up at Irish subsidiary of telecoms group
Telecoms entrepreneur intends to redevelop Derreen Inn site with additional facilities
Company used in campaigns against EU treaty referendums no longer a going concern
Ireland’s reputation at risk due to lack of cybersecurity investment, Ibec warns
Ex-president fires broadside at Karl Rove, lobbyist for Irish businessman’s firm Rivada
Businessman and Rivada Networks’ case relates to item on US broadcaster about 5G proposal
Galway businessman says he is not seeking Pentagon ‘sweetheart’ deal
Former White House deputy chief of staff Karl Rove promoting Rivada Networks plan
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Projects next year involve capital expenditure of up to $1.85bn
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