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US court refuses to hold up Nortel $7.3bn cash trial for appeal
... A U.S. bankruptcy judge Tuesday said the trial over $7.3 billion in cash raised in the liquidation of Nortel Networks Corp. won't be held up while European creditors pursue what he called a "frivolous" appeal. Judge Kevin Gross sided with Nortel bond from TotalTelecom Read more »
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3 Companies To Watch Closely In The Patent Race
Bill is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. The world of patents presents a myriad of opportunities for investors. A patent allows the holder exclusive rights to a from Motley Fool Read more »
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Nortel fight over $7 billion slowed by appeal, lawyers say
A court fight over more than $7 billion raised for bondholders and other creditors of Nortel Networks Corp. will be delayed unless a judge finds that European units of the defunct telephone maker filed a “frivolous” appeal, company lawyers said Wednesday from Montreal Gazette Read more »
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Nortel acquittals prompted RCMP to question their ability to combat crime, letter shows
The acquittal in January of three former Nortel Networks executives on fraud charges prompted questions inside the RCMP about the force’s ability to tackle future white-collar investigations. On the day of the verdict, an RCMP inspector wrote to the comm from Ottawa Citizen Read more »
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Plan for Pentagon-style defence hub at former Nortel campus falters
OTTAWA—It was a grand plan to build Canada’s version of the Pentagon. But today, Ottawa’s ambitious project to transform the sprawling office campus of failed tech giant Nortel Networks into a new hub for the defence department appears stalled because of from Toronto Star Read more »