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

On April 23, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of Nortel Networks Inc. and its affiliates.

The filing was assigned docket number 15461 and is described on the court’s official docket as follows:

Monthly Application for Compensation Seventy-Third Monthly Application of Capstone Advisory Group, LLC, Financial Advisor for the Official Committee of Unsecured Creditors, for Interim Allowance of Compensation and for Reimbursement of Expenses for Services Rendered for the period February 1, 2015 to February 28, 2015 Filed by Capstone Advisory Group, LLC. Objections due by 5/13/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D # (6) Certificate of Service) (Good, L. Katherine)

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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