Nortel Networks Inc. Bankruptcy New Filing Alert: Application For Final Approval Of Professional Compensation

On February 20, 2015, an application for final approval of professional compensation was filed in the bankruptcy case of Nortel Networks Inc. and its affiliates.

The filing was assigned docket number 15191 and is described on the court’s official docket as follows:

Final Application for Compensation Seventieth Monthly and Final Fee Application of Richards, Layton & Finger, P.A. for Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as Co-Counsel to the Official Committee of Unsecured Creditors for the period January 26, 2009 to November 16, 2014 Filed by Richards, Layton & Finger, PA. Objections due by 3/12/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Steele, Amanda)

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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