UPDATE 1-LightSquared to set aside some cash for Ergen, lenders
March 09, 2015 at 12:05 PM EDT
NEW YORK, March 9 (Reuters) - A lawyer for LightSquared on Monday said the company will set aside $400 million to give certain bankruptcy lenders, including Dish Network Corp Chairman Charles Ergen, the option to take a portion of their repayment in cash, instead of notes.
