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Allocation of Nortel's $7.3B of assets still divisive issue
2014-09-25 22:18:24| Telecom - Topix.net
A months-long court battle over Nortel's remaining assets remains divisive, with judges in Canada and the United States given the task of navigating what has been described as a "tsunami" of legal arguments, dry facts and, occasionally, stormy lawyer summations. A lawyer for Nortel's Canadian pensioners and former employees said Wednesday in the final day of summations that it was wrong to suggest that his clients are asking for special treatment when it comes time to split up about $7.3 billion among various creditors of the collapsed technology company.
Tags: issue
assets
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divisive
Category:Telecommunications