Oblon, Spivak’s Scott McKeown is quoted in Bloomberg Regarding the Potential Profit Nortel Stands to Generate from the Sale of it’s Technology Patents

May 26, 2010 – In The News
Bloomberg Business Week, May 26, 2010

Oblon, Spivak's Scott McKeown is quoted in Bloomberg's article "Nortel May Raise as Much as $1.1 Billion From Patents (Update2)" regarding the potential profit Nortel stands to generate from the sale of it's technology patents. Mr. McKeown commented that a sale price of at least $750 million for the patents is reasonable, especially as they include Nortel’s Long Term Evolution, or LTE, technology for the newest wireless networks, called fourth generation. For that number of patents and assuming that a hundred of them are 4G, that number may actually be pretty conservative.