Nortel Networks Corporation, September 26, 2016
September 26, 2016
The Ontario Superior Court of Justice (Commercial List) released a decision today with respect to the claims of 115 former employees of Nortel’s Innovation Centre in Calgary, finding that inducements to stay and work based on a promise of severance pay did not create liability for directors for unpaid debts for services rendered. To view a copy of the decision please click here.