Dinan James G, et al. – ‘SC 13G/A’ on 3/10/04 re: Terrestar Corp

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Schedule 13G/A Re 12/31/03                            21     57K 

Document Table of Contents

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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 AMENDMENT NO. 1 TO SCHEDULE 13G

   UNDER THE SECURITIES EXCHANGE ACT 1934(*)

 Motient Corporation
--------------------------------------------------------------------------------
(Name of Issuer)

Common Shares, $0.01 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)

 619908304
--------------------------------------------------------------------------------
(CUSIP Number)

 December 31, 2003
--------------------------------------------------------------------------------
 (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule 
is filed                                                                        

[ ]       Rule 13d-1(b)                                         

[X]       Rule 13d-1(c)                                         

[ ]       Rule 13d-1(d)                                         

----------                                                                      
(*)      The remainder of this cover page shall be filled out for a reporting   
        person's initial filing on this form with respect to the subject class
        of securities, and for any subsequent amendment containing information
   which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of   
1934 ("Act") or otherwise subject to the liabilities of that section of the Act 
but shall be subject to all other provisions of the Act (however, see the       
Notes).                                                                         

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

James G. Dinan                                
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

U.S.A.                                        
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  2,593,045 Common Shares                       
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

       2,593,045 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

2,593,045 Common Shares                       
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

10.2%                                         
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

IN                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Investment Limited                       
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Commonwealth of the Bahamas                   
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  784,589 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     784,589 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

784,589 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

3.1%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

CO                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

3 

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Capital Management L.P.                  
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                                      
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  365,446 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     365,446 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

365,446 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.4%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Select L.P.                              
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                                      
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  280,800 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     280,800 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

280,800 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.1%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Select Unit Trust                        
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Cayman Islands                                
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  169,200 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     169,200 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

169,200 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

0.7%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

OO                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Distressed Opportunities Fund, L.P.      
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                                      
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  340,810 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     340,810 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

340,810 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.3%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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-------------------                                                             
CUSIP No. 619908304                                                             
-------------------                                                             

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Offshore Investors Unit Trust            
--------------------------------------------------------------------------------
2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                         (a) / /
                                                                         (b) /X/
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Cayman Islands                                
--------------------------------------------------------------------------------
NUMBER OF        5     SOLE VOTING POWER                                
SHARES                                                                
BENEFICIALLY                  427,912 Common Shares                         
OWNED BY                                                                
EACH           6     SHARED VOTING POWER                            
REPORTING                                                               
PERSON WITH                  -0-                                          

7     SOLE DISPOSITIVE POWER          

     427,912 Common Shares

8     SHARED DISPOSITIVE POWER        

-0-             
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

427,912 Common Shares                         
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
            CERTAIN SHARES*                                                  / /
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.7%                                          
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

OO                                            
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

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SCHEDULE 13G

ITEM 1(A).          NAME OF ISSUER:                                             
--------------                          

MOTIENT CORPORATION                     

ITEM 1(B).          ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:            
       -----------------------------------------------

10802 Parkridge Boulevard               
Reston, VA  20191-5416                  
USA                                     

ITEM 2.(A),         NAME OF PERSON FILING; ADDRESS                              
(B) AND (C)         OF PRINCIPAL BUSINESS OFFICE; CITIZENSHIP:                  
 -----------------------------------------

         This Schedule is being filed jointly by the following reporting persons
(hereinafter sometimes collectively referred to as the "Reporting Persons")     
pursuant to an Agreement of Joint Filing attached hereto as Exhibit A:          

  (i)  James G. Dinan ("Dinan"), an individual who is the Senior
           Managing Member and holder of a controlling interest in Dinan
         Management, L.L.C. ("Dinan Management"), a New York limited
          liability company, York Select Domestic Holdings, LLC ("York
               Select Domestic Holdings"), a New York limited liability company,
       York Select Offshore Holdings, LLC ("York Select Offshore
    Holdings"), a New York limited liability company, York
          Distressed Domestic Holdings, LLC ("York Distressed Domestic
       Holdings"), a New York limited liability company and York
              Offshore Holdings, L.L.C. ("York Offshore Holdings"), a New York
               limited liability company. Dinan is also a Director and holder of
               a controlling interest in York Offshore Holdings, Limited. ("York
          Offshore Limited"), a corporation of the Commonwealth of the
Bahamas. Dinan is a citizen of the United States. 

          (ii) York Investment Limited ("York Investment"), a corporation of The
Commonwealth of The Bahamas.                      

    (iii) York Capital Management, L.P. ("York Capital"), a Delaware
limited partnership.                              

(iv) York Select, L.P. ("York Select"), a Delaware limited  
partnership.                                      

        (v)  York Select Unit Trust ("York Select Trust"), a trust organized
under the laws of the Cayman Islands.             

   (vi) York Distressed Opportunities Fund, L.P. ("York Distressed
Opportunities"), a Delaware limited partnership.  

         (vii) York Offshore Investors Unit Trust ("York Offshore Investors"),
     a trust organized under the laws of the Cayman Islands.

       York Offshore Limited is the investment manager of York Investment.

Dinan Management is the General Partner of York Capital.    

        York Select Domestic Holdings is the General Partner of York Select.

          York Select Offshore Holdings is the investment manager of York Select
Trust.                                                      

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     York Distressed Domestic Holdings is the investment manager of York
Distressed Opportunities.                                                       

   York Offshore Holdings is the investment manager of York Offshore
Investors.                                                                      

      Dinan is also filing this statement on behalf of certain other funds
and accounts ("Managed Accounts") over which he has discretionary investment    
authority. Dinan is the President and sole shareholder of JGD Management Corp., 
a Delaware corporation, which manages the Managed Accounts.                     

ITEM 2(B).          ADDRESS OF PRINCIPAL BUSINESS OFFICE:                       
-----------------------------------     

The address of each of Dinan, York Capital and York Select is:

390 Park Avenue       
15th Floor            
  New York, New York 10022

The address of York Investment for purposes of this filing is:

 York Investment Limited
     c/o York Capital Management
390 Park Avenue       
15th Floor            
  New York, New York 10022

  The address of York Select Trust for purposes of this filing is:

York Select Unit Trust
     c/o York Capital Management
390 Park Avenue       
15th Floor            
  New York, New York 10022

   The address of York Distressed Opportunities for purposes of this
filing is:                                                                      

                  York Distressed Opportunities Fund, L.P.
     c/o York Capital Management
390 Park Avenue       
15th Floor            
  New York, New York 10022

ITEM 2(D).          TITLE OF CLASS OF SECURITIES:                               
---------------------------             

Common Shares                           

ITEM 2(E).          CUSIP NUMBER:                                               
-----------                             

619908304                               

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ITEM 4.(A),                                                                     
(B) AND (C)         OWNERSHIP.                                                  
---------                               

      Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.       

(i)      Dinan                                                
-----                                       

     (a)      Amount beneficially owned: 2,593,045 shares.

(b)      Percent of class: 10.2%.               

      (c)      Number of shares as to which such person has:

              (i)  Sole power to vote or direct the vote
2,593,045 shares. 

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
  of 2,593,045 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

(ii)     York Investment                                      
---------------                             

   (a)      Amount beneficially owned: 784,589 shares.

(b)      Percent of class: 3.1%.                

      (c)      Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 784,589
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 784,589 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

(iii)  York Capital                                           
------------                                    

(a)   Amount beneficially owned: 365,446 shares.

(b)   Percent of class: 1.4%.                   

   (c)   Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 365,446
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 365,446 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

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(iv)  York Select                                             
-----------                                       

(a)   Amount beneficially owned: 280,800 shares.

(b)   Percent of class: 1.1%.                   

   (c)   Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 280,800
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 280,800 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

(v)  York Select Trust                                        
-----------------                                   

(a)   Amount beneficially owned: 169,200 shares.

(b)   Percent of class: 0.7%.                   

   (c)   Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 169,200
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 169,200 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

(vi)   York Distressed Opportunities                          

(a)   Amount beneficially owned: 340,810 shares.

(b)   Percent of class: 1.3%.                   

   (c)   Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 340,810
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 340,810 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

(vii)  York Offshore Investors                                
-----------------------                         

(a)   Amount beneficially owned: 427,912 shares.

(b)   Percent of class: 1.7%.                   

   (c)   Number of shares as to which such person has:

                      (i)  Sole power to vote or direct the vote 427,912
shares.           

                    (ii)  Shared power to vote or direct the vote -0-.

                      (iii)  Sole power to dispose or direct the disposition
of 427,912 shares.

                         (iv)  Shared power to dispose or direct the disposition
of -0-.           

The number of shares beneficially owned and the percentage of 
outstanding shares represented thereby, for each of the Reporting Persons, have 
been computed in accordance with Rule 13d-3 under the Securities Exchange Act of
1934, as amended. The percentage of ownership described above is based on       
25,000,000 Common Shares outstanding on December 31, 2003 plus 312,500 presently
exercisable Warrants.                                                           

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ITEM 6.             OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF            
ANOTHER PERSON.                         
        ------------------------------------------------

       The Managed Accounts have the right to receive dividends from, or the
proceeds from the sale of, the Common Shares.                                   

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ITEM 10.            CERTIFICATION.                                              
------------                            

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  March 10, 2004                                                          

      /s/ James G. Dinan
                           ---------------------------------------
  James G. Dinan

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  March 10, 2004                                                          

           YORK INVESTMENT LIMITED

                      By: YORK OFFSHORE HOLDINGS LIMITED

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
          Director

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated: March 10, 2004                                                           

                 YORK CAPITAL MANAGEMENT, L.P.

                By: DINAN MANAGEMENT, L.L.C.

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
                        Senior Managing Member

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated: March 10, 2004                                                           

     YORK SELECT, L.P.

               By:    YORK SELECT DOMESTIC
               HOLDINGS, LLC

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
                        Senior Managing Member

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated: March 10, 2004                                                           

                      YORK OFFSHORE INVESTORS UNIT TRUST

                      By:    YORK OFFSHORE HOLDINGS, LLC

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
                        Senior Managing Member

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated: March 10, 2004                                                           

          YORK SELECT UNIT TRUST

               By:    YORK SELECT OFFSHORE
              HOLDINGS LLC

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
                        Senior Managing Member

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ITEM 10.            CERTIFICATION.                                              
-------------                           

  By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for 
the purpose of or with the effect of changing or influencing the control of the 
issuer of the securities and were not acquired and are not held in connection   
with or as a participant in any transaction having that purpose or effect.      

 SIGNATURE
 ---------

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated: March 10, 2004                                                           

   YORK DISTRESSED
                OPPORTUNITIES FUND, L.P.

       By: YORK DISTRESSED
                  DOMESTIC HOLDINGS, LLC

             By:    /s/ James G. Dinan
                                         ---------------------------------------
                James G. Dinan
                          Senior Managing Director

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                                                                       EXHIBIT A

 AGREEMENT OF JOINT FILING
 MOTIENT CORPORATION
COMMON SHARES, $0.01 VALUE PER SHARE

       In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned hereby confirms the agreement by and among the
Group as to the joint filing on behalf of the Group of a Statement on           
Schedule 13G and any and all amendments thereto, with respect to the above      
referenced securities and that this Agreement be included as an Exhibit to such 
filing.                                                                         

      This Agreement may be executed in any number of counterparts each of
which shall be deemed to be an original and all of which together shall be      
deemed to constitute one and the same Agreement.                                

       WITNESS WHEREOF, the undersigned hereby executes this Agreement as of
this 10th day of March, 2004.                                                   

                                      YORK OFFSHORE INVESTORS UNIT TRUST

                                       By:  YORK OFFSHORE HOLDINGS, L.L.C.

                           By:  /s/ James G. Dinan
                                             -------------------------------
                            James G. Dinan
                                    Senior Managing Member

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
Filed on:		3/10/04		14		20			3,  SC 13G/A
		12/31/03		1		12			10-K,  10-K/A
									List all Filings