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Nortel Wins Plan Confirmation After 8 Years In Ch. 11

By Matt Chiappardi (January 24, 2017, 7:58 PM EST) -- Nortel Networks Inc. won confirmation of its Chapter 11 plan in both Canada and the Delaware bankruptcy court Tuesday, eight years after the defunct telecom filed for bankruptcy protection, capping off a lengthy saga that included an unprecedented international dispute over how to divide $7 billion in asset sale proceeds....

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