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01/25/2013 10:20:50 AM EST

Nortel Mediation Hits Dead End, Leaving $9B Untouched

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Law360: Bankruptcy

The mediation over how to divvy up $9 billion in liquidation proceeds among retirees and other creditors of Nortel Networks Corp. and its global affiliates ended without a deal Thursday, leaving the defunct telecom with no clear path out of a tangled international bankruptcy process. Read More...