The Nortel judgments were fair. Uncontrolled legal costs are not
May 15, 2015
This week, Justice Frank Newbould of the Ontario Superior Court and Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware issued long-awaited judgments in the Nortel case, finding that $7.3-billion (U.S.) in assets should be distributed on a shared basis among all the creditors.
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