Lucent Denies Fault In Winstar Bankruptcy

Law360, New York (March 7, 2006, 12:00 AM EST) -- Telecommunications gear maker Lucent Technologies Inc. has appealed a bankruptcy court ruling that found the company partially to blame in the collapse of former business partner Winstar Communications Inc.

In court papers filed on Monday, Lucent listed 15 grounds of error in the December 2005 ruling, pleading with a federal judge in Delaware to overturn the decision.

Beginning in 1998, the company served as both lender and supplier for Winstar, a partnership that ended after the smaller telecom filed for bankruptcy in 2001.

As part of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.