Form 8-K · Current report
EchoStar 8-K, filed Aug 3, 2026
- Filed
- CIK
- 0001415404
- Accession no.
- 0001415404-26-000038
Summary
Hughes Satellite Systems Corporation, an EchoStar subsidiary, and eleven of its wholly-owned U.S. subsidiaries filed voluntary Chapter 11 petitions on August 2, 2026 in the U.S. Bankruptcy Court for the District of Texas, seeking to reorganize and refocus on enterprise, government and defense business while continuing operations as debtors-in-possession. The filing triggered an event of default and automatic acceleration of HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026, with creditors' enforcement stayed, while EchoStar and Hughes' international subsidiaries — including DISH TV, Sling TV and Boost Mobile — were not part of the proceedings.
Key points
- The debtors filed motions seeking joint administration under In re Hughes Satellite Systems Corporation (Case No. 26-90739) and first-day relief to keep operating in the ordinary course.
- Paul Gaske resigned from all director and officer positions of EchoStar and HSSC effective July 28, 2026 in conjunction with his upcoming retirement, remaining as a senior advisor.
- HSSC appointed Robert Del Genio, a Senior Managing Director of FTI Consulting, as Chief Restructuring Officer, and Ramesh Ramaswamy as Executive Vice President, General Manager.
- Michael C. Buenzow and Anthony R. Horton were appointed independent directors to a new Special Committee reviewing related party transactions between HSSC and EchoStar.
- White & Case LLP is serving as legal counsel and FTI Consulting as financial advisor to the filing entities.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.03Bankruptcy or Receivership
- 2.04Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 7.01Regulation FD Disclosure
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 1.03. Bankruptcy or Receivership. On August 2, 2026 (the “Petition Date”), EchoStar Corporation’s (“EchoStar”) subsidiary Hughes Satellite Systems Corporation (“HSSC”) and certain of its wholly-owned subsidiaries, (i) EchoStar Orbital L.L.C., (ii) EchoStar Government Services L.L.C., (iii) EchoStar Satellite Services L.L.C., (iv) Hughes Communications, Inc., (v) Hughes Network Systems, LLC, (vi) HNS-India VSAT, Inc., (vii) HNS License Sub, LLC, (viii) HNS Real Estate, LLC, (ix) Hughes Network Systems International Service Company, (x) HNS Americas, L.L.C., and (xi) HNS Americas II, L.L.C. …
An excerpt of the text as filed with the SEC, cut for length.
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