Administration Proceedings of the Nortel Companies in Europe

Joint Administrators' Progress Reports

Important General Information

Other Information

Deed Poll in respect of creditor claims – 9 January 2015

The Joint Administrators were appointed to the Nortel EMEA filed entities on 14 January 2009. The six year anniversary of the filings is 14 January 2015.

The Joint Administrators consider that it is in the interests of the creditors of each filed entity to enter into a deed poll providing that limitation periods in respect of certain claims will not expire on this sixth anniversary. The Joint Administrators also consider that the deed poll will promote the efficient conduct of the administrations by avoiding the need to deal with requests from individual creditors for separate bilateral arrangements.

A copy of the deed poll is here.

The effect of the deed poll is to legally bind the Nortel EMEA filed entities to the course of action detailed therein. The deed poll does not require creditors to take any additional action.

This summary is intended to inform creditors of the entry by the Joint Administrators into the deed poll. In the event of a conflict between this summary and the terms of the deed poll, the terms of the deed poll shall prevail.

Should you have any queries regarding this update, please contact the Joint Administrators.

Statement of Administrators' Proposals

Please select from the proposals below respective to the countries with which you have dealings with.

For More Information on Restructuring Proceedings

Canada: Visit Nortel Networks Corporation's website.
United States: Visit Nortel Networks Inc.'s website.

Ernst & Young EMEA Disclaimer:
For the Companies listed below, The Institute of Chartered Accountants in England and Wales authorises A R Bloom, S Harris and C Hill to act as Insolvency Practitioners under section 390(2)(a) of the Insolvency Act 1986 and the Association of Chartered Certified Accountants authorises A M Hudson and D Hughes to act as an Insolvency Practitioners under section 390 (2)(a) of the Insolvency Act 1986.

The affairs, business and property of the Companies are being managed by their Joint Administrators who act as agents of the Companies only and without personal liability.

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

The Companies are Nortel Networks UK Limited; Nortel Networks SA; Nortel GmbH; Nortel Networks France SAS; Nortel Networks NV; Nortel Networks SpA; Nortel Networks BV; Nortel Networks Polska SP Zoo; Nortel Networks Hispania SA; Nortel Networks (Austria) GmbH; Nortel Networks sro; Nortel Networks Engineering Service Kft; Nortel Networks Portugal SA; Nortel Networks Slovensko sro; Nortel Networks Oy; Nortel Networks Romania SRL; Nortel Networks AB; Nortel Networks International Finance & Holding BV

For local language disclaimers please click here.

Nortel Networks (Ireland) Limited (in Administration) The affairs, business and property of Nortel Networks (Ireland) Limited are being managed by the Joint Administrators, A R Bloom and D Hughes, who act as agents of Nortel Networks (Ireland) Limited only and without personal liability.