Nortel cross-border bankruptcy trial underway in Toronto, Delaware

The division of remaining assets belonging to Nortel is going to be controversial

Bankruptcy trials are often complex enough, but the one now underway involving Nortel Networks stands to be even more confusing.

Not only does it involve over $7.3 billion in assets, but it also involves two countries: the United States and Canada. One courtroom is being used in Toronto and another in Delaware. They are connected via encrypted, live-streaming video and audio.

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Ed Silverstein

Ed Silverstein is a veteran writer and editor for magazines, websites and newspapers. A graduate of Harvard's Kennedy School of Government, he has won several...

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