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  2. Nortel - Wikipedia

    en.wikipedia.org/wiki/Nortel

    In October 2011, the administrators of Nortel's British subsidiary lost their appeal to overturn a court order requiring them to pay £2.1 billion into Nortel's underfunded pension plan. [124] [ citation needed ] Nortel's U.S. retirement income plan is now managed by PBGC Pension Benefit Guaranty Corporation .