Nortel Group, Re (Global Settlement): ChD 3 Nov 2016

Application by the administrators of 19 Europe, Middle East and Africa (‘EMEA’) companies in the Nortel group (the ‘Administrators’). The Administrators seek directions from the court that they be at liberty to perform and procure that the companies perform a global settlement of the vast majority of disputes that have arisen in relation to the affairs of the Nortel group and the distribution of the proceeds of sale of its assets which amount to about US$7.3 billion

Snowden J
[2016] EWHC 2769 (Ch)
Bailii
England and Wales

Insolvency

Updated: 24 January 2022; Ref: scu.570850