NOTICE TO CREDITORS REGARDING THE ADMINISTRATION EXTENSION APPLICATION

 

UPDATE – 18 December 2017

The Application to the High Court to extend the administrations of the Companies was heard at the High Court in London on 14 December 2017. The administrations of the Companies have been extended until 13 January 2019.

Creditors should refer to the Fifth Witness Statement of Stephen Harris (via the link at the bottom of this page) for further information of the reasons for seeking the extension.

Click here for the Nortel Judgement »

Click here for the Sealed Order of the Court »

 
 

UPDATE – 13 December 2017

Application is due to be heard at the High Court in London on 14 December 2017.

The Rolls Buildings, Court 23
Before MR JUSTICE SNOWDEN
Thursday 14 December 2017
At 02:00 PM
Companies Application
In the Matter of Nortel Networks Hispania S.A. & ors

 
 

1 December 2017

Nortel Networks Austria GmbH (In Administration)
Nortel Networks N.V. (In Administration)
Nortel Networks s.r.o. (In Administration)
Nortel Networks France S.A.S. (In Administration)
Nortel GmbH (In Administration)
Nortel Networks Engineering Service Kft (In Administration)
Nortel Networks (Ireland) Limited (In Administration)
Nortel Networks S.p.A. (In Administration)
Nortel Networks B.V. (In Administration)
Nortel Networks International Finance & Holding B.V. (In Administration)
Nortel Networks Polska Sp. z o.o. (In Administration)
Nortel Networks Portugal S.A. (In Administration)
Nortel Networks Slovensko s.r.o. (In Administration)
Nortel Networks Hispania S.A. (In Administration)
Nortel Networks AB (In Administration)
Nortel Networks UK Limited (In Administration)
Nortel Networks OY (In Administration)
Nortel Networks Romania SRL (In Administration)
Nortel Networks S.A. (In Administration)

Together "the Companies".

 

Re: Application by the Joint Administrators to Extend the Administration Order

We refer to the notice dated 28 November 2017.

The Joint Administrators have now applied to the High Court to extend the duration of the administrations of the Companies and this application is due to be heard at the High Court in London on 14 December 2017.

The witness statement filed in support of the application to extend the administration can be found using the link below.

Click here for the Fifth Witness Statement of Stephen John Harris »

 

For the Companies listed below, The Institute of Chartered Accountants in England and Wales in the UK authorises A R Bloom, S J Harris and S J Taylor to act as Insolvency Practitioners under section 390A(2)(a) of the Insolvency Act 1986 and the Association of Chartered Certified Accountants in the UK authorises A M Hudson and D M Hughes to act as Insolvency Practitioners under section 390A(2)(a) of the Insolvency Act 1986. The Institute of Chartered Accountants in Scotland in the UK authorises J Hewitt-Schembri to act as an Insolvency Practitioner under section 390A(2)(a) of the Insolvency Act 1986.

The affairs, business and property of the Companies are being managed by the Joint Administrators, A R Bloom, S J Harris and A M Hudson who act as agents of the Companies only and without personal liability.

The Companies are Nortel Networks UK Limited; Nortel GmbH; Nortel Networks France S.A.S.; Nortel Networks N.V.; Nortel Networks S.p.A.; Nortel Networks B.V.; Nortel Networks Polska Sp. z o.o.; Nortel Networks Hispania, S.A.; Nortel Networks (Austria) GmbH; Nortel Networks s.r.o.; Nortel Networks Engineering Service Kft.; Nortel Networks Portugal, S.A.; Nortel Networks Slovensko s.r.o.; Nortel Networks Oy; Nortel Networks Romania SRL; Nortel Networks AB; Nortel Networks International Finance & Holding B.V.

The affairs, business and property of Nortel Networks (Ireland) Limited are being managed by the Joint Administrators, A R Bloom and D M Hughes, who act as agents of Nortel Networks (Ireland) Limited only and without personal liability. Nortel Networks (Ireland) Limited is also subject to a Company Voluntary Arrangement. The Joint Supervisors are A R Bloom and D M Hughes who act as agents of Nortel Networks (Ireland) Limited without personal liability.

The affairs, business and property of Nortel Networks S.A. are being managed by the Joint Administrators, A R Bloom, S J Harris, A M Hudson and S J Taylor who act as agents of Nortel Networks S.A. only and without personal liability.

The following companies are also subject to Company Voluntary Arrangements: Nortel Networks S.p.A, Nortel Networks Polska Sp. z o.o, Nortel Networks Hispania, S.A, Nortel Networks Engineering Service Kft, Nortel Networks Portugal, S.A, Nortel Networks France S.A.S, Nortel Networks (Austria) GmbH, Nortel Networks AB, Nortel GmbH, Nortel Networks Slovensko s.r.o, Nortel Networks s.r.o., Nortel Networks N.V., Nortel Networks International Finance & Holding B.V. and Nortel Networks B.V. (the "CVA Companies"). The Joint Supervisors are A R Bloom, S J Harris, A M Hudson and J Hewitt-Schembri who act as agents of the CVA Companies and without personal liability.

Nortel Networks S.A. was placed into French liquidation judiciaire on 28 May 2009. The business and assets of the company that are situated in France are now under the control of le liquidateur judiciaire.

The Joint Administrators and Joint Supervisors may collect, use, transfer, store or otherwise process (collectively, “Process”) information that can be linked to specific individuals (“Personal Data”). They may Process Personal Data in various jurisdictions in accordance with applicable law and professional regulations including (without limitation) the Data Protection Act 1998.