Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public.
Only “authorized users” will be able to view the Webcast of the fight for the failed telecommunication company’s billions, according to an outline of the trial technology plan filed with the courts overseeing Nortel’s dissolution.
Nortel’s “authorized users” are the legal and professional firms that have tapped the bankrupt and defunct company’s coffers for more than $1 billion in fees, and who will be able to log in from the comfort of their homes and offices to view the courtroom action. The point, says Nortel, is to “limit the need for all counsel to be in the courtroom at all times.”
Meanwhile, members of the public, including thousands of Nortel retirees and disabled workers who lost benefits and pay in the company’s collapse, will be barred from the webcast. If they want to know what’s going on, they must travel to Toronto or Wilmington, Del., at their own expense. Nortel’s planning for a courtroom packed with lawyers, not distressed retirees, according to the plan filed with the court. So any Nortel retirees or disabled who make the trek to Delaware or Toronto will likely be relegated to a “gallery” courtroom where they can gaze at the courtroom action on monitors.