Bankruptcy officials for Canada’s Nortel Networks Corp. say a fast answer on the question of how much interest bondholders should collect may aid settlement talks that could end a bigger battle: the long-running fight over the defunct company’s billions.
The planned demolition of a chemical-storage facility at the site of a January spill that tainted West Virginia’s water supply recently faced an unexpected setback—heavy
Children’s product designer and distributor Kid Brands Inc. filed for Chapter 11 bankruptcy Wednesday after several companies terminated licensing agreements and suppliers refused to ship goods. Read the Daily Bankruptcy Review article here.
