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News Tagged By: Nortel

Nortel’s U.S. bondholders fight Canadian retirees for $1B
Nortel Networks Corp., the defunct telecommunications company, opened a court fight with its U.S. unit over as much as $1 billion that bondholders claim as interest and Canadian retirees say may belong to them.
Posted on 11-04-2014 at 6:03 PM
Nortel creditor dispute over $7B hoard goes to judges
Nortel Networks Corp. bondholders and pensioners made their final pleas to judges in Canada and the U.S. about how to divide more than $7 billion in cash the company raised by liquidating assets.
Posted on 9-24-2014 at 2:46 PM
Nortel U.S. unit agrees to pay bondholders $1B interest
Nortel Networks Corp.’s defunct U.S. unit agreed to pay bondholders as much as $1 billion U.S. to cover interest that investors claim has accrued since the former telecommunications giant filed for bankruptcy in 2009.
Posted on 7-25-2014 at 9:43 AM
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