In re Nortel Networks Corp.
Jan
21
2011
Ruling
Relief from stay to compel arbitration denied where dispute in question was not arbitrable.
Procedural posture
Debtors, a corporation and affiliated businesses, declared Chapter 11 bankruptcy and obtained approval to sell most of their assets under the court's supervision. The corporation sold its carrier voice over IP and application solutions ("CVAS") business to a buyer, and after the court approved the sale, the buyer filed a motion under 11 U.S.C.S. § 362(d) for relief from the automatic stay so it could compel the debtor to arbitrate a dispute.
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Court
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