Nortel Networks

The firm represented the ad hoc committee of bondholders in Nortel, an international telecommunications and electronics company with approximately $21 billion of assets. Nortel's chapter 11 case filed in Delaware with a related CCAA proceeding in Canada, European proceedings in the UK, and other related bankruptcy proceedings around the world. The US and the CCAA hearings were conducted simultaneously through video conferencing between the Delaware bankruptcy court and the Canadian High Court. The debtors sold their assets.

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