Nine years after Nortel's epic fail, 1,000 addresses for claimants owed $8.5M still missing
In the end, exhaustion. And, one likes to believe, some shame on the part of the professionals who fed for so long off Nortel’s estate.
Ernst & Young, the consultants in charge of Nortel’s nine-year long bankruptcy proceedings, began distributing cheques to approved creditors a year ago this month. Since then, according to a recent E&Y update, cheques totalling $4.1 billion have gone to more than 15,000 creditors representing former Nortel employees, suppliers, lenders, pensi
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