Nortel is dealing with an increase flow of red ink but has stabilized its cash reserves. Revenues at Nortel plunged 37 percent to $1.73 billion and losses nearly tripled to $507 million for the first ...

The 3rd U.S. Circuit Court of Appeals has ruled that two United Kingdom entities seeking to pursue debt claims against Nortel Networks Inc. in their home country are not governmental units and, ...

(Reuters) - Talks to divide $9 billion raised from the sale of businesses of Nortel Networks, the telecoms equipment maker that went bankrupt in 2009, ended without agreement, and the mediator said on ...