Nortel OK'd For $14.2M Payout Amid 'Pandora's Box' Warnings

By Jeff Montgomery (June 6, 2016, 7:47 PM EDT) -- Nortel Networks Inc. won Delaware bankruptcy court clearance Monday to pay $14.2 million in uncontested claims from its long-unresolved Chapter 11, with a company attorney saying the limited agreement avoided opening a Pandora's box of demands from other increasingly restless creditors....

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