Ontario · CCAA

The purpose of this twenty-second report of the Monitor (the “Twenty-Second Report”) is to provide this Honourable Court with an update with respect to the following matters: a) approval of a vesting order for the sale of certain fixed assets located at Nortel’s head office in Etobicoke, Ontario; b) approval of the execution of a lease termination agreement and new lease agreement between NNL and the landlord at Nortel's head office, including approval of an undertaking by NNL to not repudiate the new lease; c) status of the Compensation Claims process; d) interim results of the employee hardship program; e) activities arising from various representative counsel orders including notices and receipt of opt-out letters; and f) update on other proceedings

Court officer report · 25 September 2009