SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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):
October 15, 2004
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LORAL SPACE & COMMUNICATIONS LTD.
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(Exact name of registrant as specified in its charter)
Islands of Bermuda 1-14180 13-3867424
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number
c/o Loral SpaceCom Corporation
600 Third Avenue, New York, New York 10016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(212) 697-1105
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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 were appointed as joint
provisional liquidators.
Item 8.01. Other Events.
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On October 15, 2004, Loral Space & Communications Ltd. announced that it
has reached an agreement with the Official Committee of Unsecured Creditors in
its Chapter 11 reorganization cases on revised economic terms of a proposed plan
of reorganization.
A copy of this press release is attached hereto as Exhibit 99.1
Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.
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(c) Exhibits.
Exhibit 99.1 Press Release of Loral Space & Communications Ltd. dated
October 15, 2004
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/ Janet T. Yeung
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Name: Janet T. Yeung
Title: Vice President and Assistant
Secretary
Date: October 15, 2004
EXHIBIT INDEX
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Exhibit Description
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Exhibit 99.1 Press Release of Loral Space & Communications
Ltd. dated October 15, 2004