Nortel Networks Bankruptcy (2009)
GPTKB entity
Statements (60)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Crisis_intervention
|
| gptkbp:acquisition |
parts sold to various companies
|
| gptkbp:aftermath |
regulatory changes
increased competition brand reputation damage loss of market share impact on telecommunications policy sale of assets settlements reached impact on technology investments restructuring of operations impact on investor confidence increased scrutiny of corporate governance reduction in workforce impact on stock market case studies in business schools changes in executive accountability closure of facilities emergence of new players impact on future mergers and acquisitions impact on telecommunications innovation influence on bankruptcy laws influence on corporate ethics discussions influence on corporate restructuring strategies legacy products discontinued legal disputes with creditors lessons learned for investors shift in consumer trust shift in industry dynamics |
| gptkbp:assets |
$30 billion
$25 billion |
| gptkbp:court |
gptkb:Crisis_intervention
Chapter 15 filing in Canada |
| gptkbp:date |
gptkb:2009
|
| gptkbp:filing_type |
Chapter 11
|
| gptkbp:financials |
employees
suppliers bondholders |
| gptkbp:government_response |
support for affected employees
monitoring of proceedings |
| https://www.w3.org/2000/01/rdf-schema#label |
Nortel Networks Bankruptcy (2009)
|
| gptkbp:impact |
loss of jobs
creditor claims |
| gptkbp:investigates |
executive compensation
financial practices |
| gptkbp:legacy |
impact on telecommunications industry
|
| gptkbp:location |
gptkb:North_America
|
| gptkbp:media_coverage |
extensive
|
| gptkbp:outcome |
liquidation
|
| gptkbp:precedent |
largest bankruptcy in Canadian history
significant corporate restructuring case |
| gptkbp:predecessor |
gptkb:Nortel_Networks_Corporation
|
| gptkbp:production_company |
gptkb:Palo_Alto_Networks
|
| gptkbp:public_perception |
negative
|
| gptkbp:reasons |
financial mismanagement
decline in telecommunications market |
| gptkbp:reformed |
failed attempts
|
| gptkbp:year |
gptkb:2009
|
| gptkbp:bfsParent |
gptkb:Nortel_Networks_Optical_Networks
|
| gptkbp:bfsLayer |
7
|