Articles tagged with: Ptc and Court

Vivendi Finally Settles Ownership Dispute Over Polish Mobile Network

.. be recognized as the sole owner of PTC and Elektrim will be able to leave bankruptcy thanks to the repayment of all its creditors. The book value of Vivendi's PTC shares was reduced to zero in 2006. This agreement is subject to the completion  more

Related Tags: elektrim, vivendi, deutsche--telekom, option, lawsuit, Poland


Nortel Pensioners Seek Resumption of Benefits Payments

..ding severance pay and pension supplements. Nortel ceased the payments when it went into bankruptcy protection and is claiming that they are unsecured claims and will have to be paid out of any proceeds left when the firm emerges from bankruptc more

Related Tags: , sim, nortel, bankruptcy, lawyer, union, Canada


Spansion and Samsung Settle Patent Litigation Lawsuit:

.. filing, the agreement is subject to approval by the bankruptcy court. The agreement is contingent upon the dismissal of the claims and the satisfaction of certain conditions including bankruptcy court approval. In November 2008, Spansion file more

Related Tags: , semiconductor, flash-memory, samsung, ict, ovi, iden, bankruptcy, patents, spansion, international-trade-commission, memory, samsung-electronics, mp3, flash, delaware, patent,


Telenor Served with $1.7 billion Demand by Norwegian Bailiff

..impelCom in 1998. At that time VimpelCom was close to bankruptcy with only 130,000 subscribers. Today VimpelCom has close to 60 million subscribers and we pride ourselves of having contributed extensively to that success. The only loss inflicte more

Related Tags: eu, ict, tim, telenor, bankruptcy, vimpelcom, farimex, siberia, Norway


Nortel Exec - Will Consdier Bids for the Company Divisions

..on to any offers to buy divisions in the company as it restructures under court approved bankruptcy protection. "We will go through the process of having those discussions," Bruce Gustafson, vice president of strategic marketing for the carrier  more

Related Tags: nokia, wall-street-journal, iden, nortel, bankruptcy, nokia-siemens-networks, nortel-networks, siemens, nokia-siemens, Canada


Nortel Gets Permission to Pay $45 Million in Staff Bonuses

Nortel Networks has received authorisation from the Canadian and US Bankruptcy courts to pay bonuses of US$45 million to its staff and managers. Eight of the executives will share up to US$7.3 million between them, as part of an overall US$23 million bonus program for 92 senior managers. A further US$22 million has been earmarked for 880 key employees.  more

Related Tags: eu, iden, nortel, bankruptcy, mike-zafirovski, hawaiian-telcom, lawyer, ontario, toronto, toronto, Canada


Bell Canada Buys Electronics Retailer

..ertain of its U.S. subsidiaries voluntarily commenced bankruptcy proceedings under Chapter 11 of the United States Bankruptcy Code and The Source commenced a voluntary proceeding under the Companies' Creditors Arrangement Act (CCAA). Bell is  more

Related Tags: eu, virgin-mobile, mvno, bankruptcy, circuit-city, bell, virgin, Canada


Nortel Cuts A Further 3,200 Jobs - Cancels 2008 Bonuses

..ssful emergence from creditor protection." The company is currently in bankruptcy protection and seeking court approved restructuring. "We remain deeply committed to our customers and are staffed to meet their needs as we take the neces more

Related Tags: ict, nortel, bankruptcy, personal


Vivendi Awarded $2.44 Billion in Polish Phone Company Dispute

..confirms its claim, of which recognition is requested in Elektrim's bankruptcy. The confirmation of Telco's ownership rights on the PTC shares is still pending before the Polish courts. Vivendi is a 51% shareholder in Telco and Carcom, which ow more

Related Tags: edge, rcom, bankruptcy, london, vivendi, elektrim, Poland


Nordic CDMA450 Operator Files for Bankruptcy

..e company, Sweden based Nordisk Mobiltelefon Sverige has announced that it is filing for bankruptcy. The company was building up operations and rolling out proprietary cellular networks in Northern Europe based on CDMA2000 networks in the 450Mh more

Related Tags: eu, ict, lte, cdma, bankruptcy, cdma2000, nordisk, 450mhz, Sweden


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