NORTEL NETWORKS Bankruptcy News, Issue-34

NORTEL NETWORKS Bankruptcy News, Issue No. 34

BCSI reports on latest events arising in the chapter 11 cases commenced by Nortel Networks Capital Corp, Nortel Networks Corp, Nortel Networks Inc and Nortel Networks Ltd.

FAIRLESS HILLS, Pa. -- October 11, 2010 -- Bankruptcy Creditors' Service, Inc., published Issue No. 34 of NORTEL NETWORKS BANKRUPTCY NEWS today. The 27-page newsletter contains stories with these headlines:


[00833] COURT APPROVES SALE OF NORTEL SWITCH BUSINESS FOR $65-MIL
[00834] DEBTORS' MOTION TO ENFORCE AVAYA ASSET SALE ORDER
[00835] DEBTORS' MOTION TO OKAY BLADE TECH. INDEMNIFICATION PACT
[00836] DEBTORS' MOTION FOR CROSSBORDER CLAIM SETTLEMENT PROTOCOL
[00837] DEBTORS' MOTION TO APPOINT LAYN PHILLIPS AS MEDIATOR
[00838] DEBTORS' MOTION TO APPROVE DOCUMENT DISPOSAL PROCEDURES
[00839] DEBTORS' MOTION TO INVESTIGATE VERIZON COMMUNICATIONS
[00840] DEBTORS' MOTION TO APPROVE DEMEL SETTLEMENT AGREEMENT
[00841] DEBTORS' MOTION FOR PREPETITION CLAIMS SETTLEMENT PROCESS
[00842] VERIZON'S MOTION TO DETERMINE PREPETITION SETOFF RIGHTS
[00843] ADVERSARY PROCEEDINGS -- Nortel vs. Acme Packet, et al.
[00844] APPLICANTS' MOTION TO IMPLEMENT CLAIMS RESOLUTION PROCESS
[00845] APPLICANTS' REQUEST FOR HWT FUNDS ALLOCATION PROCEDURES
[00846] DEBTORS' MOTION TO RETAIN ORDINARY COURSE PROFESSIONALS
[00847] DEBTORS' APPLICATION TO EMPLOY CLEARY GOTTLIEB AS COUNSEL
[00848] DEBTORS' APPLICATIONS TO HIRE PCA, PUNTER AS ADVISORS
[00849] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS
[00850] DEBTORS' OMNIBUS OBJECTIONS TO CLAIMS
[00851] CLAIMS WITHDRAWAL -- September 13 to 27, 2010
[00852] CREDITORS TRANSFER CLAIMS TOTALING $4.02-M IN SEPTEMBER
[00853] PREMIER MCGUINTY TO RECONSIDER NORTEL PENSIONERS' REQUEST
[00854] NORTEL'S PENSION PLANS TO BE TRANSFERRED TO MORNEAU
[00855] NORTEL, LEHMAN TO CHALLENGE U.K. WATCHDOG ON PENSION DEBT
[00856] NORTEL REFILES NAT'L. INSTRUMENT 52-109 CERTIFICATES
[00857] MONTHLY OPERATING REPORT -- August 1 to 31, 2010


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=NORTEL|NETWORKS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

NORTEL NETWORKS BANKRUPTCY NEWS tracks the restructuring of Nortel Networks Capital Corp, Nortel Networks Corp, Nortel Networks Inc and Nortel Networks Ltd.

How to Subscribe to NORTEL NETWORKS BANKRUPTCY NEWS

NORTEL NETWORKS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving NORTEL NETWORKS BANKRUPTCY NEWS, please complete and submit the subscription form athttps://ecommerce.bankrupt.com/bin/ibl_re?subco_name=NORTEL|NETWORKS


Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com