HOUSTON, Sept. 13 - The DISH Wireless Debtors dropped a sweeping amended plan on Saturday, carving their case away from the DBS Debtors and adding new governance controls as they brace for a high‑stakes courtroom clash over counsel conflicts.
The Saturday filing is a full redline of the Amended DISH Wireless Plan and Disclosure Statement. The new filing by White & Case, the lead counsel for the debtors, formally bifurcates the estates and hands insider‑related litigation authority to a newly created Special Governance Committee, a move aimed at defusing objections from the U.S. Trustee and unsecured creditors.
The revisions tighten FCC Trust rules, introduce new claim‑treatment exhibits, and clarify that DWLLC’s intercompany loan claim cannot tap FCC Trust recoveries. The changes however stop short of addressing the U.S. Trustee’s central allegation: that White & Case helped structure the disputed intercompany loan and failed to disclose its role.
The timing of a Saturday drop also follows a wave of Friday Ordinary Course Professional Declaration (OCP) declarations and is expected to draw scrutiny at Monday’s hearing. Creditors may challenge the last‑minute filings show the Debtors scrambling to contain governance fallout and avoid removal of restructuring counsel.
Judge Christopher Lopez will need to decide whether parties need more time to review the redlines or proceed directly to argument. A separate Sept. 23 hearing will determine whether DWLLC can remain a debtor‑in‑possession or whether a trustee is needed to take control of the Wireless estate.
The amended plan marks the most aggressive restructuring shift since the merits‑track split, but it remains unclear whether the changes will satisfy the US Trustee's concerns regarding lead council and the creditor's pressing for independent oversight.