NORTEL NETWORKS Bankruptcy News, Issue No. 23

(EMAILWIRE.COM, February 04, 2010 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 23 of NORTEL NETWORKS BANKRUPTCY NEWS today. The 24-page newsletter contains stories with these headlines:

[00627] DEBTORS' MOTION TO APPROVE CANADIAN FUNDING AGREEMENT
[00628] DEBTORS' 3RD MOTION TO EXTEND EXCLUSIVE PERIODS
[00629] NORTEL APPLICANTS OBTAIN CCAA STAY ORDER
[00630] NORTEL TO SELL CARRIER VOIP BIZ TO GENBAND FOR $282-MIL.
[00631] COURT APPROVES SALE OF METRO ETHERNET BIZ TO CIENA CORP.
[00632] COURTS APPROVE SALE OF ENTERPRISE SOLUTIONS UNIT TO AVAYA
[00633] DEBTORS' DEBTORS' MOTION TO APPROVE DEAL WITH VELENIO HOLDINGS
[00634] DEBTORS' MOTION TO WAIVE SEC. 345 INVESTMENT GUIDELINES
[00635] DEBTORS' MOTION TO RETAIN ORDINARY COURSE PROFESSIONALS
[00636] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS
[00637] DEBTORS' APPLICATION TO EMPLOY CLEARY GOTTLIEB AS COUNSEL
[00638] COMMITTEE'S APPLICATION TO HIRE J&C AS INVESTMENT BANKER
[00639] DEBTORS' OMNIBUS OBJECTIONS TO CLAIMS
[00640] DEBTORS' NOTICES TO REJECT CONTRACTS WITH CSC, ET AL.
[00641] ERNST & YOUNG'S 35TH MONITOR REPORT ON NORTEL NETWORKS
[00642] DEBTORS' MOTION TO ENTER INTO NNL REVOLVER AGREEMENT
[00643] APPLICANTS' MOTION TO EXTEND TERMS OF SUPPLIER PACT
[00644] APPLICANTS' REQUEST TO SET PAYMENT APPLICATION PROCESS
[00645] RULE 2019 STATEMENT -- Kelley Drye & Warren LLP
[00646] ASM, ET AL., FILE NOTICES OF TRANSFER OF CLAIMS
[00647] NORTEL NETWORKS SELLS PORTION OF STAKE IN SASKEN
[00648] LG-NORTEL, ACCTON TO LAUNCH JOINT VENTURE IN N. AMERICA
[00649] LG-NORTEL'S NEW VOICE PLATFORM DELIVERS SMB COMM. SOL'NS.
[00650] LG-NORTEL TARGETS SMALL & MEDIUM BIZ W/DATA PORTFOLIO
[00651] CCS TAPS NORTEL STAFF TO SUPPORT NORTEL-AVAYA PARTNERSHIP
[00652] INNUA RESPONDS TO AVAYA ROADMAP FOR PRODUCT INTEGRATION

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=NORTEL|NETWORKS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

NORTEL NETWORKS BANKRUPTCY NEWS tracks the restructuring of Nortel Networks Capital Corp, Nortel Networks Corp, Nortel Networks Inc and Nortel Networks Ltd.

How to Subscribe to NORTEL NETWORKS BANKRUPTCY NEWS

NORTEL NETWORKS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving NORTEL NETWORKS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=NORTEL|NETWORKS

Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
(215) 945-7000
peter@bankrupt.com

Source: EmailWire.com