Administration Proceedings of the Nortel Companies in Europe

Joint Administrators' Final Progress Reports - for certain EMEA entities that have exited Administration

 

8 Nov, 2021 - France - Nortel Networks S.A. Final Progress report for the period 14th July 2021 to 22 October 2021

 

17 Mar, 2021 - Italy - Nortel Networks S.p.A. Final Progress report for the period 14th January 2021 to 22 February 2021

 

25 Jan, 2021 - Ireland - Nortel Networks (Ireland) Limited Final Progress report for the period 14th July 2020 to 30th December 2020

 

2 Oct, 2020 - Poland - Nortel Networks Polska Sp. zo.o Final Progress report for the period 14th July 2020 to 17th September 2020

 

11 Aug, 2020 - Germany - Nortel GmbH Final Progress report for the period 14th July 2020 to 21st July 2020

 

28 Jul, 2020 - Austria - Nortel Networks Austria GmbH Final Progress report for the period 14th January 2020 to 1st July 2020

 

1 Jul, 2020 - Netherlands - Nortel Networks B.V. Final Progress report for the period 14th January 2020 to 3rd June 2020

 

29 Jun, 2020 - Slovakia - Nortel Networks Slovensko s.r.o. Final Progress report for the period 14th January 2020 to 1st June 2020

 

29 Nov, 2019 - France - Nortel Networks France S.A.S. Final Progress report for the period 14th July 2019 to 29th October 2019

 

2 Aug, 2019 - Belgium - Nortel Networks N.V. Administrators Final Progress report for the period 14th January 2019 to 4th July 2019

 

8 Jul, 2019 - Portugal - Nortel Networks Portugal SA. Administrators Final Progress report for the period 14th January 2019 to 11th June 2019

 

28 Jun, 2019 - Spain - Nortel Networks Hispania S.A. Administrators Final Progress report for the period 14th January 2019 to 30th May 2019

 

13 Jun, 2019 - Romania - Nortel Networks Romania SRL Administrators Final Progress report for the period 14th January 2019 to 13th May 2019

 

21 Dec, 2018 - Hungary - Nortel Networks Engineering Service Kft Administrators Final Progress report for the period 14th July 2018 to 27th November 2018

 

27 Nov, 2018 - Czech Republic - Nortel Networks s.r.o. Administrators Final Progress report for the period 14th July 2018 to 29th October 2018

 

15 Nov, 2018 - Sweden - Nortel Networks AB - Administrators Final Progress report for the period 14th July 2018 to 8th October 2018

 

26 Oct, 2018 - Finland - Nortel Networks Oy - Administrators Final Progress report for the Period 14th July to 28th September

 

24 Oct, 2018 - Netherlands - Nortel Networks International Finance & Holding B.V. - Administrators Final Progress report for the Period 14th July to 26th September


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.
Italy

For More Information on Restructuring Proceedings

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


Ernst & Young EMEA Disclaimer

The Institute of Chartered Accountants in England and Wales (in the UK) authorises AR Bloom, SJ Taylor and SJ Harris to act as Insolvency Practitioners under section 390A(2)(a) of the Insolvency Act 1986 and the Insolvency Practitioners Association authorises SJ Edel and AM Hudson to act as Insolvency Practitioners under section 390A(2)(a) of the Insolvency Act 1986.

The affairs, business and property of Nortel Networks UK Limited ("NNUK") are being managed by the Joint Administrators, AR Bloom, SJ Harris and AM Hudson who act as agents of NNUK only and without personal liability.

The affairs, business and property of Nortel Networks S.A. are being managed by the Joint Administrators, AR Bloom, SJ Harris, AM Hudson and SJ Taylor who act as agents of Nortel Networks S.A. only and without personal liability. Nortel Networks S.A. is also subject to a Company Voluntary Arrangement. The Joint Supervisors are SJ Taylor, AR Bloom, SJ Harris and AM Hudson who act as agents of the company and without personal liability.

Nortel Networks International Finance & Holding B.V. was placed into liquidation under local law in the Netherlands on 26 September 2018. The Joint Liquidators are AR Bloom, SJ Edel and SJ Harris who act as agents of the Company. The business and assets of the company are now under the control of the Joint Liquidators.

Nortel Networks (Ireland) Limited was placed into liquidation under local law in Ireland on 30 December 2020. The business and assets of the company are now under the control of the Liquidator.

Nortel Networks S.p.A. was placed into liquidation under local law in Italy on 22 February 2021. The Liquidator is SJ Harris who acts as agent of the Company only and without personal liability. The business and assets of the company are now under the control of the Liquidator.

The Joint Administrators, Joint Liquidators 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, Joint Liquidators and Joint Supervisors may act as data controllers of Personal Data as defined by the UK General Data Protection Regulation (as incorporated in the Data Protection Act 2018), 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, Joint Liquidators and Joint Supervisors. Personal Data will be kept secure and Processed only for matters relating to the Joint Administrators', Joint Liquidators' and Joint Supervisors' appointment. The Office Holder Data Privacy Notice can be found at www.ey.com/uk/officeholderprivacy.

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