Nortel Networks Corporation – August 27, 2020

August 27, 2020

On August 27, 2020 the Monitor announced that a third distribution will occur on October 7, 2020. The amount of the third distribution is not yet known and will be available sometime in September. We will provide an update as soon as information regarding the amount is known, however, the Monitor has previously advised that the remaining distributions are expected to be small.

Please continue to ensure that Ernst & Young and/or Koskie Minsky have your address changes and please ensure your estates executors are aware that there are still amounts, although much smaller than previous distributions, coming. The third distribution is not the final distribution and therefore it is important that you continue to update your address.

The Monitor has been working to reach out to and find individuals or estates that have uncashed cheques from distributions and has used various methods, including social media, to do so.

If you have any questions please contact the Monitor, Ernst & Young at 1-866-942-7177 or nortel.monitor@ca.ey.com.

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