In re: N. America

"In re: N. America" is a legal case involving Nortel Networks, a major telecommunications company, that filed for bankruptcy. The case focused on how Nortel’s patents were handled during its bankruptcy process. The court decided that these patents should be sold, with proceeds distributed to creditors and stakeholders. This case is significant because it highlights the legal procedures for managing a company's assets during bankruptcy and how valuable intellectual property like patents is valued and allocated in such proceedings. It underscores the importance of proper legal management in complex corporate bankruptcies.