UPDATED NOTICE TO CREDITORS REGARDING THE ADMINISTRATION EXTENSION APPLICATION
17th December 2019
Nortel Networks UK Limited
Nortel Networks S.A.
Nortel GmbH
Nortel Networks S.p.A.
Nortel Networks Polska Sp. z o.o.
Nortel Networks (Ireland) Limited
Nortel Networks BV
Nortel Networks (Austria) GmbH
Nortel Networks Slovensko s.r.o.
Together "the Companies".
Application by the Joint Administrators to Extend the Administration Order
The Application to the High Court to extend the administrations of the Companies was heard at the High Court in London on 17 December 2019. The administrations of the Companies have been extended until 13 January 2021.
Creditors should refer to the Seventeenth Witness Statement of Stephen Harris (via the link below) 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»
Click here for the Seventeenth
Witness Statement of Stephen John Harris - 22nd November 2019»
For the Companies listed below, The Institute of Chartered Accountants in England and Wales in the UK authorises AR Bloom, SJ Harris and AM Hudson 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 AM Hudson and DM 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, SJ Harris and AM 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, AR Bloom and DM 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 AR Bloom and DM 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, AR Bloom, SJ Harris and AM Hudson 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 AR Bloom, SJ Harris, AM 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.