Mealey's Bankruptcy - Bankrupt Nortel: Escrow Agreements Related To Asset Sales Need Changes

WILMINGTON, Del. - Bankrupt Nortel Networks Inc. (NNI) on Feb. 25 moved in the U.S. Bankruptcy Court for the District of Delaware for an order approving the issuance of joint escrow instructions and certain modifications to sale escrow agreements (In Re: Nortel Networks Inc., No. 09-10138, Chapter 11, D. Del. Bkcy.).

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