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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.
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.
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  CBC.ca
Nortel Seeks Bankruptcy Protection
OTTAWA - Nortel Networks, the Canadian telecom equipment maker, filed for bankruptcy protection from creditors Wednesday but analysts said its troubles might be too severe for it to recover and survive.
Ciena Buys Nortel Assets for $769 Million
TORONTO— Ciena Corp. CIEN -0.82% agreed to acquire a Nortel Networks Corp. division that develops networking gear used to transmit data and voice traffic for $769 million in cash and notes.
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 reaches settlement deal with US pension insurer, bondholders
The Pension Benefit Guaranty Corp., a U.S. government agency that backstops pension plans of bankrupt companies, opposed the settlement deal, however, saying it might not receive enough to cover its $708-million claim, which it said was the amount of ...
How to Find a Lost Pension Plan
Search at the Pension Benefit Guaranty Corporation. The Pension Benefit Guaranty Corporation insures private sector traditional pension plans, and pays out benefits up to certain limits if the plan fails.
Nortel executives 'didn't understand' auditor was independent: testimony
Former Nortel Networks Corp. chief executive Frank Dunn "did not understand" the role of the external auditors from Deloitte & Touche as they probed issues related to the company's accounting in 2003, a senior Deloitte partner testified Wednesday ...
Nortel's external auditor says he was 'chastised' for demanding ...  Toronto Star