Ontario's top court won't hear appeal from former Nortel employees

TORONTO - Ontario's top court will not hear an appeal from two former Nortel Networks Corp. employees on long-term disability who argued that a deal to divvy up a remaining US$7.3 billion in the bankrupt company's assets was unfair.

In a decision Monday, a three-justice panel of the Ontario Court of Appeal dismissed the motion for leave to appeal, calling the proposal "not meritorious."

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