8-KCurrent report
Bankruptcy
✓ VerifiedEchoStar subsidiary Hughes Satellite Systems and 11 U.S. subsidiaries filed chapter 11 bankruptcy petitions on August 2, 2026, triggering automatic acceleration of HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026.
2.04 Debt trigger event5.02 Officer or director change7.01 Reg FD disclosure8.01 Other events
Filed Aug 3, 2026 · 06:18 ET
Summary
- On August 2, 2026, HSSC and 11 wholly-owned U.S. subsidiaries, including Hughes Network Systems, LLC, filed voluntary chapter 11 petitions under Case No. 26-90739 in the United States Bankruptcy Court for the District of Texas.
- The commencement of the Chapter 11 Cases constitutes an event of default that results in automatic acceleration of HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026.
- EchoStar Corporation, its non-Hughes subsidiaries, and Hughes' international subsidiaries are not included in the filing, and there is no impact on brands including DISH TV, Sling TV, and Boost Mobile.
- On July 28, 2026, Paul Gaske resigned from all director and officer positions of EchoStar and HSSC in conjunction with his upcoming retirement, remaining as a senior advisor.
- HSSC appointed Robert Del Genio of FTI Consulting as Chief Restructuring Officer on July 28, 2026, and Ramesh Ramaswamy as Executive Vice President, General Manager on July 31, 2026.
- HSSC appointed Michael C. Buenzow and Anthony R. Horton as independent directors on a newly formed Special Committee to review related party transactions between HSSC and EchoStar.
Key facts
- Petition Date
- August 2, 2026
From the filing for Petition Date
“On August 2, 2026 (the " Petition Date "), EchoStar Corporation's (" EchoStar ") subsidiary Hughes Satellite Systems Corporation”
- Case Number
- Case No. 26-90739
From the filing for Case Number
“jointly under the caption In re Hughes Satellite Systems Corporation (Case No. 26-90739)”
- Accelerated debt
- 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026
From the filing for Accelerated debt
“an event of default under the applicable indentures governing HSSC's 5.25% Senior Secured Notes due 2026 and its 6.625% Senior Notes due 2026”
- Director resignation
- Paul Gaske
From the filing for Director resignation
“On July 28, 2026, in conjunction with his upcoming retirement, Mr. Paul Gaske, resigned from all director and officer positions of EchoStar and HSSC, effective immediately.”
- Chief Restructuring Officer
- Robert Del Genio
From the filing for Chief Restructuring Officer
“On July 28, 2026, HSSC appointed Mr. Robert Del Genio as Chief Restructuring Officer. Mr. Del Genio, age 67, is a Senior Managing Director of FTI Consulting, Inc.”
- New EVP
- Ramesh Ramaswamy
From the filing for New EVP
“On July 31, 2026, HSSC appointed Mr. Ramesh Ramaswamy, age 66, as Executive Vice President, General Manager.”
- Independent directors
- Michael C. Buenzow and Anthony R. Horton
From the filing for Independent directors
“On July 28, 2026, HSSC appointed Michael C. Buenzow and Anthony R. Horton as independent directors.”
- Legal counsel
- White & Case LLP
From the filing for Legal counsel
“White & Case LLP is serving as legal counsel to Hughes and its U.S. subsidiaries included in the chapter 11 filings”
Why it mattersThe chapter 11 filing places Hughes Satellite Systems and its U.S. satellite and network operations under court-supervised reorganization to address maturing debt and refocus on enterprise, government, and defense lines. EchoStar and international subsidiaries remain outside the proceedings.
- Filed
- Aug 3, 2026
- Accepted
- 2026-08-03 10:18Z
- Period
- Jul 28, 2026
- Accession no.
- 0001415404-26-000038
- Size
- 246 KB
- Index
- Filing index