Manatt Wins Verdict for Client ICO Global Communications, Ltd.

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Thu Oct 23, 2008 6:50pm EDT

Boeing Faced with $370.6 Million Verdict in Contract Dispute
LOS ANGELES--(Business Wire)--
Manatt, Phelps & Phillips, LLP, the national law and consulting
firm, announced that the firm has prevailed in Los Angeles Superior
Court on behalf of its client ICO Global Communications (Holdings)
Limited (ICO) (NASDAQ: ICOG) against The Boeing Company and Boeing
Satellite Systems International (Boeing and BSSI). The jury found for
ICO on its claims for breach of contract, tortuous interference, and
fraud and has awarded ICO compensatory damages of over $370 million.
The punitive damages phase of the trial is scheduled to commence on
October 28.

   Manatt partners Robert A. Zeavin and Barry W. Lee are leading the
legal team for ICO. "This decision comes after months of trial and a
lengthy deliberation period," said Mr. Zeavin. "While we are pleased
with the decision of the jury, we need to remain focused on the next
phase of the trial that is commencing next week," added Mr. Lee.

   At the heart of the dispute is Boeing's wrongful
conduct in failing to fulfill its contractual and legal obligations
to build and to launch a fleet of satellites for ICO and then charging
the communications company exorbitant sums to complete the project.

   "The jury has now ruled on the facts in this case, and we are
pleased that this case has reached a verdict after years of
litigation," commented John Flynn, executive vice president and
general counsel for ICO. "We are to thankful to have such an
outstanding legal team as the one that Manatt Phelps & Phillips put
together - Barry Lee and Bob Zeavin were the leaders, but they were
supported by a cast of very diligent and hard working attorneys." In
addition to Mr. Zeavin and Mr. Lee, the legal team includes Manatt
attorneys Craig S. Bloomgarden, Ann M. Heimberger, Nicholas J.
Wenbourne and Alison H. Mijares.

   About Manatt, Phelps & Phillips, LLP

   Manatt, Phelps & Phillips, LLP, provides legal and consulting
services to a global client base from offices in Los Angeles, Orange
County, Palo Alto, San Francisco, and Sacramento, California; New York
City and Albany, New York; and Washington, D.C. Manatt includes Manatt
Health Solutions, a healthcare policy and strategic business advisory
group, and ManattJones Global Strategies, LLC, a wholly owned
subsidiary that develops and implements strategies to expand client
businesses and facilitate their effective competition in global
markets. For more information, visit www.manatt.com,
www.manatthealthsolutions.com, and www.manattjones.com.

Manatt, Phelps & Phillips, LLP
Susan Stone, 310-231-5466

Copyright Business Wire 2008
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