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In re Nortel Networks Corp.

In re Nortel Networks Corp.

Ruling
Stay enforced against UK pension trust and pension board.
Procedural posture

Debtors sought an order pursuant to 11 U.S.C.S. § 362(a)(1), (a)(6), enforcing the automatic stay against two parties, a U.K. pension trust limited (the Trustee) and the Board of the Pension Protection Fund (the PPF) (collectively, the Claimants), with respect to certain U.K. Administrative Proceedings (the U.K. Proceedings) initiated by the U.K. Pensions Regulator (TPR).

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Commercial opinion summary, case decided on March 09, 2010 , LexisNexis #0510-077