Lerman Senter will serve as legal counsel for the Relocation Payment Clearinghouse for impacted parties and new licensees of the repurposed 3.45 – 3.55 GHz spectrum band.
Summit Ridge Group will manage the Clearinghouse and direct its operations. J.P. Morgan Chase will hold and disburse relocation and incentive payments. Together with Lerman Senter, the three organizations will serve as a neutral and independent clearinghouse.
Under FCC Auction 110, over 4000 new flexible-use licenses were offered for spectrum in the 3.45 – 3.55 GHz band. The auction raised over $22 billion and resulted in 23 bidders winning licenses.
© 2024 Lerman Senter
Legal Disclaimer | Privacy Policy
Website design by Beth Singer Design | Website development by The Modern Firm