CBA LAW Series
The Nortel Case: The Intersection of Insolvency and Pension
March 22, 2017
Webinar presented by the CBA National Pensions & Benefits Law Section and the CBA National Insolvency Law Section
Nortel Networks was once a multinational telecommunications giant. When the company collapsed, its employees and pensioners were left with uncertain futures. The scale of the insolvency and the labyrinth of litigation that followed offer key lessons to lawyers practicing in pension and benefits law and insolvency law.
Through unique first-hand perspectives, this webinar will offer a discussion of the Nortel insolvency, the issues surrounding the employee and pension claims and the response.
This webinar will examine:
- The role of representative counsel and court-appointed representatives
- The challenge of maintaining client communication and keeping stakeholders informed
- Identifying and addressing conflicts of interest in a large-scale insolvency
- Unique aspects of the Nortel employee settlement agreement
- The role and impact of the employee groups on the litigation
- The pension regulations that rolled out across the country in the wake of the Nortel insolvency
- And much more!
Our speakers are Susan Philpott of Koskie Minsky LLP, representative counsel for Nortel retirees, former employees and employees on long-term disability, Gus Tertigas, who acted as financial advisor for Nortel retirees, former employees and employees on long-term disability, and Gale Rubenstein of Goodmans LLP, counsel for the court-appointed monitor for Nortel Networks.