Nortel Networks Corporation – 166
June 16, 2009
Three motions have been scheduled for June 16, 2009. In its first motion, Nortel will seek certain relief in connection with the ERISA Litigation. In its second motion, Nortel will seek to approve and seal portions of the settlement between Nortel Networks Limited, Flextronics Telecom Systems Ltd. and Flextronics Corporation. In a third motion, the Recently Severed Calgary Employees will bring a motion to lift the Stay of Proceedings in order to comply with the requirements of s. 119 of the Canada Business Corporations Act.