Software Co. In Nortel Ch. 11 Tries To Up $8M Claim To $81M

Law360, Wilmington (May 12, 2017, 10:11 PM EDT) -- A software firm that has been locked in combat with Nortel Networks for years pushed the Delaware bankruptcy court Friday to allow it to amend its $8 million claim upward to $81 million, a move the Nortel estate argues is simply a money grab.

During closing arguments at the end of a two-day hearing on the issue in Wilmington, David Dean of Cole Schotz PC, an attorney for SNMP Research Inc. and SNMP Research International Inc., said the companies' claim had ballooned since it was asserted eight years ago because post-petition discovery had shown additional undisclosed instances of Nortel using their...

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