NEW YORK: Bondholders to EchoStar Corp are working with law firm Akin Gump Strauss Hauer & Feld and investment bank Centerview Partners LLC as the telecommunications company mulls a potential bankruptcy filing amid a Federal Communications Commission (FCC) probe, according to people familiar with the matter.
The moves come as the company controlled by billionaire Charlie Ergen announced at the end of May it was skipping bond coupon payments, said the people, who asked not to be named because they can’t speak publicly.
