Nortel Networks CALA Inc. in Sunrise, Fl. has voluntarily filed for Chapter 11 bankruptcy protection. Here’s an e-mail from CEO Mike Z.: NNCI decided to seek Chapter 11 protection to preserve and administer its assets and business in a manner consistent with Nortel’s larger restructuring efforts. First of all, I want to assure you that [...]
Nortel’s CALA Unit Files for Chapter 11