Glenn Duker Discusses About The Nortel Corporation Fallout And The Importance Of Intellectual Property Rights
If you want to learn how importance your business’s intellectual rights are, you should definitely follow the case of Nortel Networks Corporation. One of its kind company who collapsed and the partners and founders are fighting for the possession of the intellectual property rights. You will also know what happens to your intellectual property rights in the event of bankruptcy. Furthermore, you also will get an idea why you need an expert lawyer like Glenn Duker to protect your rights.
Nortel was established in Montreal, Quebec, in 1895, and to start with was unquestionably Canadian. By the late 90s the organization had turn into a multinational element with arms in different nations. Skimming high in the web bubble, it represented more than 33% of the aggregate valuation of all postings on the Toronto Stock Exchange and utilized 94,500 around the world - 25,900 of these in Canada.’
Then again, after the crash down, Nortel gradually broke apart in a blaze of business downturn, slamming offer costs and bookkeeping outrage. On January 14, 2009 the enterprise petitioned for assurance from its banks in the United States, Canada and the UK.