Posted Dec. 10, 2013 at 6:49 a.m.

Premium Lock Bankrupt Nortel's assets to be allocated by courts, not in arbitration

Published: 2013-12-10 06:49:25
Updated: 2013-12-10 06:49:25

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Nortel bankruptcy  Nortel bankruptcy

How $7.5 billion assets will be allocated among the various Nortel companies and their creditors will be decided by courts, not in arbitration, according to a Dec. 6 ruling from the U.S. Court of Appeals in Philadelphia....

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