BUSINESS
May 28, 2003 | Peter Pae, Times Staff Writer
A private El Segundo company that hoped to be the first to orbit backup rental satellites has filed a lawsuit against Boeing Co., alleging that the world's largest satellite maker stole its idea and then put it out of business. The lawsuit filed Friday in Los Angeles Superior Court by AssureSat Inc. comes more than two years after the start-up firm lost key financing to launch the satellite operation. In the lawsuit, AssureSat claims that executives at Hughes Space & Communications Co.