{"id":162,"date":"2009-01-20T23:19:00","date_gmt":"2009-01-21T05:19:00","guid":{"rendered":"http:\/\/www.major-developments.net\/2209\/2009\/01\/lawsuit-filed-on-satellite-firm\/"},"modified":"2009-11-06T06:21:48","modified_gmt":"2009-11-06T12:21:48","slug":"lawsuit-filed-on-satellite-firm","status":"publish","type":"post","link":"https:\/\/news-developments.com\/2009\/01\/lawsuit-filed-on-satellite-firm\/","title":{"rendered":"Lawsuit Filed On Satellite Firm"},"content":{"rendered":"
ImageSat International, the company behind the EROS (Earth Resources Observation Satellite) <\/i>program is now facing a lawsuit on faulting losses.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>According to the Stake holders lead by <\/span>Pegasus Capital Advisors, L.P., a New York-based equity investment firm, the firm is into charges of a failed acquisition bid, contractual breaches, and some more.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>There are three more lawsuits pending on ImageSat International and majority shareholders of it.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>EROS is a program to deploy a series of Israeli commercial satellites into the space. These satellites act as Earth Observation Satellites once deployed into the space.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>EROS-A was launched on December 5th<\/sup> of 2000, from the Svobodny launch Complex of Eastern Siberia.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>EROS-B was launched on April 25th<\/sup> of 2006 from the same place. The third satellite is yet to be launched and now it is struck in the court with law suits.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>ImageSat International is said to have no approved plans for a third satellite.<\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

ImageSat International, the company behind the EROS (Earth Resources Observation Satellite) program is now facing a lawsuit on faulting losses.According to the Stake holders lead by Pegasus Capital Advisors, L.P., a New York-based equity investment firm, the firm is into charges of a failed acquisition bid, contractual breaches, and some more.There are three more lawsuits pending on ImageSat International and majority shareholders of it.EROS is a program to deploy a series of Israeli commercial satellites … <\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[24,27],"tags":[],"_links":{"self":[{"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/posts\/162"}],"collection":[{"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/comments?post=162"}],"version-history":[{"count":1,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/posts\/162\/revisions"}],"predecessor-version":[{"id":202,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/posts\/162\/revisions\/202"}],"wp:attachment":[{"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/media?parent=162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/categories?post=162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-developments.com\/wp-json\/wp\/v2\/tags?post=162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}