- Moody's•2 years ago
Approximately $32 Million of Securities Affected. New York, September 17, 2015-- Moody's Investors Service has affirmed the rating of Nortel Networks Lease Pass-Through Trust, Pass-Through Trust Certificates, ...
- Reuters•2 years ago
The Canadian and U.S. judges charged with dividing the $7.3 billion from the liquidation of Nortel Networks rejected proposals from former regional businesses and opted for a pro rata split of the money in long-awaited rulings on Tuesday. Judges on the U.S. Bankruptcy Court in Wilmington, Delaware and Ontario Superior Court of Justice held an unprecedented joint cross-border trial on the dispute, with the courtrooms linked by video. Nortel filed for bankruptcy in 2009 and sold its global operations and patents, raising the cash in dispute. U.S. Bankruptcy Judge Kevin Gross and Justice Frank Newbould said in separate opinions that each regional business would receive cash to pay its creditors based on their claims against it as a percentage of the overall claims worldwide.
- CNBC Videos•2 years ago
Mad Money host Jim Cramer looks at the correlation between current market conditions and China.
NRTLQ : Summary for NORTEL NTWKS CP HLDG - Yahoo Finance
NORTEL NTWKS CP HLDG (NRTLQ)
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