New Delaware Chapter 15 Filings – Architel Systems Corporation, Nortel Communications Inc., and Northern Telecom Canada Limited
Ernst & Young Inc., the monitor and foreign representative of Architel Systems Corporation, Nortel Communications Inc., and Northern Telecom Canada Limited, has filed verified petitions for recognition of a foreign proceeding under Chapter 15 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (Case No. 16-12833-KG). These cases are related to the existing Chapter 15 cases that are jointly administered and pending before the Honorable Kevin Gross (In re Nortel Networks Corporation, et. al., Case No. 09-10164 (KG)). According to the Declaration in Support of Verified Petitions For Recognition of Foreign Proceedings, these cases have been filed in support of insolvency proceedings pending before the Ontario Superior Court of Justice, (Commercial List). The chapter 15 petition of Architel Systems Corporation is attached. The Debtors seek joint administration of these cases with all other cases administered under Case No. 09-10164 (KG).
Contact Norman L. Pernick and Nicholas J. Brannick for more information.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
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