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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): DECEMBER 20, 2004
LORAL SPACE & COMMUNICATIONS LTD.
(Exact name of registrant as specified in its charter)
ISLANDS OF BERMUDA 1-14180 13-3867424
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
C/O LORAL SPACECOM CORPORATION 10016
600 THIRD AVENUE (Zip Code)
NEW YORK, NEW YORK
(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 697-1105
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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On July 15, 2003, Loral Space & Communications Ltd. and certain of its
subsidiaries filed voluntary petitions for reorganization under chapter 11 of
title 11 of the United States Code in the United States District Court for the
Southern District of New York and parallel insolvency proceedings in the Supreme
Court of Bermuda in which certain partners of KPMG LLP were appointed as joint
provisional liquidators.
ITEM 8.01. OTHER EVENTS.
Space Systems/Loral, Inc. ("SS/L"), a subsidiary of the Registrant,
announced on December 20, 2004 that it has been selected by EchoStar
Communications Corporation, Englewood, Colorado, to build EchoStar XI, a new
direct broadcast satellite (DBS) based on SS/L's 1300 platform that will support
EchoStar's DISH Network(TM) and serve as backup to its existing fleet.
EchoStar XI, anticipated to be delivered in early 2007, will be the
fifth SS/L-built satellite in the EchoStar fleet. The contract is subject to
bankruptcy court approval.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Loral Space & Communications Ltd.
By:/s/ Avi Katz
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Name: Avi Katz
Title: Vice President and Secretary
Date: December 22, 2004
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