BRIEF-US, Canadian judges rule they will oversee Nortel Networks allocation dispute

March 8 Fri Mar 8, 2013 2:20pm EST

March 8 (Reuters) - Nortel Networks Corp : * US, Canadian judges rule they will oversee Nortel Networks dispute

over allocating more than $7 billion in sale proceeds * US, Canadian judges deny request of Nortel Networks European

debtors for resolving allocation dispute in arbitration * US judge says parties to Nortel Networks allocation dispute should

plan for trial in late 2013

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