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Nortel's UK Retirees Seek Arbitration After Failed Talks

By Lance Duroni (February 11, 2013, 5:22 PM EST) -- After mediation efforts failed last month, retirees of Nortel Networks Corp.'s U.K. unit on Friday proposed arbitration to end a protracted fight over how to split $9 billion of liquidation proceeds among creditors of the bankrupt telecom and its global affiliates. ...

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