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Nortel Networks Corporation : Nortel Announces Closure of Share Transfer Registers
TORONTO - Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced today that, effective as of 5:00 p.m.
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Nortel Cleared to End Bankruptcy
Judges in Delaware and Canada approved on Tuesday a plan to pay more than $7 billion to creditors of Nortel Networks, ending years of litigation over the former telecommunications company that filed for bankruptcy in 2009.
US government pension insurer opposes Nortel settlement
The sale of Nortel's businesses raised billions of dollars, and Wednesday's agreement divided that cash among former Nortel businesses in Canada, the United States and Europe, ending years of cross-border court fights. The PBGC was not a party to the ...
Nortel creditors agree to split $7.3B bankruptcy proceeds
Nortel Networks, US Pension Insurer Reach Bankruptcy Deal
Former telecommunications equipment maker NortelNetworks and the U.S. pension insurer have reached a deal that clears the way for the company to end its eight years in bankruptcy.
Former Canadian spy sees Huawei risk as manageable
Huawei's Canadian subsidiary, which has more than 400 employees, has helped build the domestic networks of Telus and BCE Inc's Bell Canada, and also has relationships with smaller providers.
60 Minutes torpedoes Huawei in less than 15 minutes
But at the moment we have three companies to blame for Huawei even being in the United States. Nortel, for not realizing what was going on and going to the Canadian Government, and Cisco Systems and Motorola, both of which should have never settled out ...
Nortel Canada to start paying billions to creditors
Nortel Canada's long-suffering creditors will finally begin to receive their share of more than US$4 billion to be distributed under a plan approved in January, eight years after the former technology titan began bankruptcy proceedings.
In Re Sanjel (USA), Inc.: Bankruptcy Court Denies Comity to Canadian Court's ...
Co., 737 F.d 14, 29 (4th Cir. 2013)). Cf. In re Nortel Networks Corp., 2013 WL 6053845 (D. Del. Nov. 15, 2013). In In re Quimonda AG, after initially granting recognition to a German insolvency proceeding, the bankruptcy court refused to recognize that ...
Nortel hacking attack went unnoticed for almost 10 years
According to an eye-opening Wall Street Journal report, hackers who appeared to be working in China broke into Nortel's computer networks more than a decade ago and over the years downloaded technical papers, research-and-development reports, business ...
Whistleblower: Decade-long Nortel hack 'traced to China'  Register
Re Nortel Networks UK Ltd & Ors [2017] EWHC 1429 (Ch)
It was ordered that the Administrators could distribute to unsecured creditors, 8 years after Nortel entered Administration, so long as a reserve was maintained in relation to potential expense claims.