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

On October 26, 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 16269 and is described on the court’s official docket as follows:

Monthly Application for Compensation (Eightieth) of Akin Gump Strauss Hauer & Feld LLP, Co-Counsel for the Official Committee of Unsecured Creditors, for Interim Allowance of Compensation and for the Reimbursement of Expenses for Services Rendered for the period September 1, 2015 to September 30, 2015 Filed by Official Committee of Unsecured Creditors of Nortel Networks Inc., et al.. Objections due by 11/16/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D # (6) Exhibit E # (7) 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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