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11 November 2016
Issue: 7722 / Categories: Case law , Law digest , In Court
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Company

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Re Nortel Networks UK Ltd and other companies [2016] EWHC 2769 (Ch), [2016] All ER (D) 205 (Jun)

The Companies Court allowed an application by the administrators of companies in the Nortel group to allow them to implement a global settlement of disputes arising in relation to the collapse of the group. The global settlement was in the best interest of each of the EMEA companies for which they were responsible, together with their respective creditors.

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