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EchoStar Deals Worth $1.5 Billion Must be Investigated, US Says
The US Trustee has called for an investigation into $1.5 billion in questionable transactions between EchoStar Corp. and its bankrupt subsidiary Hughes Satellite Systems Corp., alleging these deals were "unusual" in nature. The trustee is urging the court to appoint an examiner to conduct a thorough investigation into the potentially problematic financial dealings between the parent company and its subsidiary.
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