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Nortel Bankruptcy Judges Deny Creditors' Proposals For $7.3B

By Kurt Orzeck (May 12, 2015, 9:45 PM EDT) -- Judges in Delaware and Ontario on Tuesday issued long-awaited rulings over how to divvy up $7.3 billion realized from Nortel Networks Inc.'s liquidation, saying creditors will receive an equal percentage and rejecting some of their requests for bigger slices of the pie....

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