NOTICE TO CREDITORS REGARDING THE ADMINISTRATION EXTENSION APPLICATION

 

UPDATE - 18 December 2018

Nortel Networks Austria GmbH (In Administration)
Nortel Networks N.V. (In Administration)
Nortel Networks France S.A.S. (In Administration)
Nortel GmbH (In Administration)
Nortel Networks (Ireland) Limited (In Administration)
Nortel Networks S.p.A. (In Administration)
Nortel Networks 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 UK Limited (In Administration)
Nortel Networks Romania SRL (In Administration)
Nortel Networks S.A. (In Administration)

Together "the Companies".

The Application to the High Court to extend the administrations of the Companies was heard at the High Court in London on 17 December 2018. The administrations of the Companies have been extended until 13 January 2020, with the exception of the administration of Nortel Networks Romania SRL (in administration) which has been extended to 13 July 2019.

Creditors should refer to the Ninth and Tenth Witness Statements of Stephen Harris (via the links at the bottom of this page) for further information of the reasons for seeking the extension.

Click here for the Ninth Witness Statement of Stephen John Harris »
Click here for the Tenth Witness Statement of Stephen John Harris »
Click here for the Sealed Order of the Court »
Click here for the Court record of the Judgment relating to the Administration extension »
Click here for the Sealed Order of the Court in respect of Nortel Romania »

 

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 Portugal, S.A.; Nortel Networks Slovensko s.r.o..

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 following companies are also subject to Company Voluntary Arrangements: Nortel Networks S.p.A, Nortel Networks Polska Sp. z o.o, Nortel Networks Portugal, S.A, Nortel Networks France S.A.S, Nortel Networks (Austria) GmbH, Nortel GmbH, Nortel Networks Slovensko s.r.o, Nortel Networks N.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.

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.

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 2018.

The Joint Administrators and Joint Supervisors may act as data controllers of personal data as defined by the General Data Protection Regulation 2016/679, depending upon the specific processing activities undertaken. Ernst & Young LLP and/or the Companies may act as a data processor on the instructions of the Joint Administrators and Joint Supervisors. Personal data will be kept secure and processed only for matters relating to the Joint Administrators’ and Joint Supervisors’ appointment. The Office Holder Data Privacy Notice can be found at www.ey.com/uk/officeholderprivacy.