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Nortel's US Arm Urges Courts To Revisit $7.3B Allocation Plan

By Jamie Santo ( June 25, 2015, 10:44 PM EDT) -- 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....

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