May 03, 2016
A Canadian appellate panel on Tuesday denied a bid by the U.S. arm of Nortel to challenge the ruling last year on how the $7.3 billion raised by liquidating the defunct telecom should be divided among affiliates across the world, ruling that its arguments had no merit.
April 19, 2016
Nortel's overseas units pushed the Delaware bankruptcy court Tuesday to rule that it does not share potential liability with the defunct telecom's U.S. arm in a long-running software copyright infringement and breach of contract dispute, arguing a prior settlement between the debtors shields them from the claims.
April 05, 2016
Nortel's U.S. arm pushed the Delaware federal court Tuesday to overturn the bankruptcy court's decision on how $7.3 billion raised by liquidating the defunct Canadian telecom should be divided among affiliates across the world, arguing the ruling violated fundamental insolvency law and stretched equitable powers to the breaking point.
February 01, 2016
A Delaware bankruptcy judge on Monday refused to dismiss foreign units of Nortel Networks Inc. from a software copyright infringement and breach of contract dispute aimed at the defunct telecom's U.S. arm, rebuffing arguments that the court lacks jurisdiction.
September 08, 2015
The European units of Nortel Networks Inc. urged a Delaware bankruptcy judge Tuesday not to allow them to be joined to a software copyright infringement and breach-of-contract dispute aimed at the defunct telecom's U.S. arm, arguing that determination of their liability must be made by a U.K. court.
July 06, 2015
A Delaware bankruptcy judge on Monday refused to alter central points of a decision that divvied up $7.3 billion in liquidation proceeds among a Canadian telecom's various units, rejecting calls by Nortel's U.S. arm and its creditors to rework the payout scheme.
June 25, 2015
Nortel Network Inc.'s U.S. unit and its creditors called on judges in Delaware and Ontario on Thursday to adjust rulings that divvied up $7.3 billion raised by liquidating the defunct Canadian telecom, saying the allocation scheme unfairly shortchanges Nortel's U.S. bankruptcy estate.
June 02, 2015
The Delaware bankruptcy judge overseeing Nortel Networks Inc.'s Chapter 11 case decided Tuesday that his court lacked authority to rule on claims lodged by software company SNMP Research International Inc. against Avaya Inc., which acquired one of the telecom's businesses.