NORTEL NETWORKS Bankruptcy News, Issue No. 24

(EMAILWIRE.COM, March 03, 2010 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 24 of NORTEL NETWORKS BANKRUPTCY NEWS today. The 28-page newsletter contains stories with these headlines:

[00653] NORTEL GENERATES US$2-BIL.+ IN COMPLETED ASSET SALES
[00654] DEBTORS' MOTION TO APPROVE NORTEL SPECIAL INCENTIVE PLAN
[00655] DEBTORS' MOTION TO ENFORCE STAY ON UK PENSION AUTHORITIES
[00656] NORTEL TO SELL CARRIER VOIP BIZ TO GENBAND FOR $282-MIL.
[00657] COURT APPROVES SALE OF METRO ETHERNET BIZ TO CIENA CORP.
[00658] COURTS APPROVE SALE OF ENTERPRISE SOLUTIONS UNIT TO AVAYA
[00659] COURTS APPROVE SALE OF NORTEL GSM BUSINESS TO ERICSSON
[00660] DEBTORS' MOTION TO APPROVE SETTLEMENT W/ ATC, ET AL.
[00661] DEBTORS' MOTION TO APPROVE DEAL W/ JABIL CIRCUIT, ET AL.
[00662] DEBTORS' MOTION TO APPROVE DEAL WITH VELENIO HOLDINGS
[00663] DEBTORS' MOTION TO APPROVE CANADIAN FUNDING AGREEMENT
[00664] DEBTORS' MOTION TO RETAIN ORDINARY COURSE PROFESSIONALS
[00665] CTDI INC.'S MOTION TO LIFT STAY TO SET-OFF CLAIM
[00666] RETAINED PROFESSIONALS' INTERIM FEE APPLICATIONS
[00667] DEBTORS' APPLICATION TO EMPLOY LINKLATERS AS U.K. COUNSEL
[00668] DEBTORS' APPLICATION TO HIRE LAZARD AS FINANCIAL ADVISOR
[00669] COMMITTEE'S APPLICATION TO HIRE J&C AS INVESTMENT BANKER
[00670] COMMITTEE'S APPLICATION TO RETAIN AKIN GUMP AS COUNSEL
[00671] DEBTORS' OMNIBUS OBJECTIONS TO CLAIMS
[00672] DEBTORS' NOTICE TO REJECT LEASE WITH U.S. BANK
[00673] ASM, ET AL., FILE NOTICES OF TRANSFER OF CLAIMS
[00674] APPLICANTS' MOTION TO APPROVE DEAL W/EX-CANADIAN WORKERS
[00675] NORTEL CVAS RECEIVES TMC'S 2009 PRODUCT OF THE YEAR AWARD
[00676] NORTEL ADDS EDGEWATER PRODUCTS TO CARRIER VOIP SOLUTIONS
[00677] NORTEL EXPANDS CVAS VOIP THIRD PARTY PARTNER PROGRAM

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