Nortel Networks Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Setoff Or Recoupment Of Claims

On December 15, 2014, an order regarding the motion for setoff or recoupment of claims was filed in the bankruptcy case of Nortel Networks Inc. and its affiliates.

The filing was assigned docket number 14939 and is described on the court’s official docket as follows:

Order Granting Relief from Stay to Effectuate a Setoff and Approving Stipulation Between Nortel Networks Inc. and Pennsylvania Department of Revenue. (Related Doc # [14817]) Order Signed on 12/15/2014. (LCN)

Nortel Networks Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 14, 2009. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 09-10138. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Cleary Gottlieb Steen & Hamilton, LLP is acting as lead bankruptcy counsel to Nortel Networks Inc. in the bankruptcy case.


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