$$ Nortel Networks zum Pennykracher $$

 

 

'Milestone' Nortel settlement gets court approval


By Tom Hals

WILMINGTON, Del  Tue Jan 7, 2014 1:37pm EST

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A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. NREUTERS/Blair Gable



A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. N

Credit: Reuters/Blair Gable

 

 
(Reuters) - Defunct telecoms equipment maker Nortel Networks Inc received court approval on Tuesday for a $75 million deal it called a "significant milestone" in ending its five-year bankruptcy.

In return for the payment, insolvent Nortel affiliates in Europe will drop claims seeking more than $3 billion from Nortel's U.S. bankruptcy proceeding.

"I am intimately familiar with the claims being settled, and it gives me great comfort in approving this," said Kevin Gross, a U.S. Bankruptcy Court judge in Wilmington, Delaware.









Nortel's global business, once worth $250 billion with 93,000 employees, collapsed in January 2009. Its businesses and patents were quickly auctioned off, raising $7.5 billion.

Tuesday's settlement resolves some of the biggest claims against the U.S. estate, including that it allegedly short-changed a pension in Britain. The agreement does not affect a looming fight over how to divide the billions in cash among insolvency and bankruptcy proceedings in different countries.

The Canadian estate has claimed it should get the lion's share of that cash because Nortel's intellectual property was developed in Canada, a claim disputed by the other estates. A trial is scheduled for May.

A side agreement in Tuesday's settlement pledges that Nortel's U.S. and European estates will work together to try to form a common position on dividing the pile of cash ahead of the May trial.

Gross, the Delaware bankruptcy judge, overruled an objection to Tuesday's settlement from the Canadian estate, which argued that the side agreement might be used to change the trial protocol.

"Courts should encourage the parties to try to sit down and settle," he said.

The case is In re Nortel Networks Inc, U.S. Bankruptcy Court, District of Delaware, No. 09-10138

(Reporting by Tom Hals in Wilmington, Delaware; Editing by Peter Galloway)
 

http://www.reuters.com/article/2014/01/07/...;feedName=innovationNews  

Mein tipp fuer nortel 17 $:-)  

Die 17 $ ist mein tipp und keine empfehlung !  

Schaut das eps von nortel  6,95 $ schaut dass eps von apple ca 39 $ schaut den kurs von nortel und vergleicht ihn mit dem kurs von apple:-)  

was für ein Trauerspiel.  

nehme alles zurück!  

für einen Zock taugt die Aktie noch  

 

Was macht ihr ueberhaupt noch in diesem forum verkauft nortel und  und sucht eine andere aktie wenn euch die nicht passt gecco und konsortium,ich weiss gar nicht was hier macht ihr habt eh keine ahnung  

Gecco musst nicht immer kaufen was ich kaufe ,kauf deine eigenen aktien  

 

http://www.finanznachrichten.de/...en/nortel-networks-corporation.htm  

ja und...?  

halten will ...
ist ja bei dem nennwert kein kunststück ^^  

BID 150.000 Stück / 0,006 EUR  

in Amiland gehandelt wird haben wir bereits den zweithöchsten Tagesumsatz im letzten Monat und ein Plus von fast 16 %. Zock oder gab es irgend eine Meldung?  

Schau finanznachrichten  

 

kommt bestimmt bald  

das wär was :)  

wenn die Amis noch etwas für Umsatz sorgen könnte es bald kräftig aufwärts gehen.  

sieht gut aus