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Nortel Settlement with Disabled Former Employees Gets Preliminary Approval

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NortelDelaware bankruptcy court has granted preliminary approval of a settlement proposed by Nortel Inc for its disabled former employees over medical benefits that were being stopped as the failed telecom company nears the end of its liquidation process. Ruling on Thursday, February 14 at a court in Wilmington, Delaware, U.S. Bankruptcy Judge Kelvin Gross granted [...]

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