Nortel Networks resolves more than $3 bln in bankruptcy claims | Business Information & News | Westlaw

Nortel Networks resolves more than $3 bln in bankruptcy claims | Business Information & News | Westlaw

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12/17/13 REUTERS 17:21:05
REUTERS
Copyright © 2013 Thomson Reuters
December 17, 2013
Nortel Networks resolves more than $3 bln in bankruptcy claims
Tom Hals
(Reuters) - Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its...
---- Index References ----
Company: NORTEL NETWORKS INC
News Subject: (Liability (1LI55); Arbitration & Mediation (1AR68); Corporate Events (1CR05); Business Management (1BU42); Bankruptcies (1BA08); Judicial Cases & Rulings (1JU36); Legal (1LE33))
Industry: (Legal Services (1LE31); Accounting, Consulting & Legal Services (1AC73))
Region: (North America (1NO39); Delaware (1DE13); Americas (1AM92); USA (1US73); U.S. Mid-Atlantic Region (1MI18))
Language: EN
Other Indexing: (Geoffrey Morawetz; Kevin Gross; Blair Gable)
Keywords: bankruptcy; employment (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 513