US court approves WorldCom bankruptcy motion

Troubled telecommunications company, WorldCom has announced that the US Bankruptcy Court has approved its bankruptcy motion.

Wed, 24 Jul, 2002 - 15:53

Troubled telecommunications company, WorldCom has announced that the US Bankruptcy Court has approved its bankruptcy motion.

WorldCom filed for chapter 11 bankruptcy at the weekend following its announcement last month, that it had wrongly appropriated $3.85bn.

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