Thacker v. Federal Communications Commission (In Re Magnacom Wireless, LLC)
Court of Appeals for the Ninth Circuit
1Opinion of the Court
IKUTA, Circuit Judge:
This appeal requires us to consider the effect of the Federal Communications Commission’s (“FCC”) cancellation of licenses held by a licensee in bankruptcy proceedings. Donald Thacker, in his capacity as trustee to the bankruptcy estate of Magnacom Wireless, LLC (“Magna-com”), appeals the district court’s decision to deny his claim to the proceeds from the FCC’s auction of new licenses for the radio spectrum previously covered by Magna-com’s cancelled licenses. We conclude that the FCC’s cancellation of Magnacom’s licenses extinguished Magnacom’s interest in those…
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