Monday, July 12, 2010

Nortel places medical and welfare plan documents on Epiq Web Site

The US Trustee in her motion before the court pointed out that Nortel had not provided copies of the various medical and welfare plan documents as part of their original motion to terminate benefits. Nortel has responded by filing copies of a number of helath and welfare documents. You can check the document in the docket # 3515 at the Epiq Web Site. Interesting thing is that they chose the 1992 document which contains the right to terminate clause. A number of retirees have the 1991 document which does not contain that clause. (Link to Epiq in the right hand column.)

Here is the text of their filing summary:

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
-----------------------------------------------------------
In re
Nortel Networks Inc., et al., 1
Debtors.

Chapter 11
Case No. 09-10138 (KG)
Jointly Administered
RE: D.I. 3204
-----------------------------------------------------------X
DEBTORS’ NOTICE OF FILING OF EXHIBITS TO THE DEBTORS’ MOTION FOR ENTRY OF AN ORDER AUTHORIZING DEBTORS TO TERMINATE CERTAIN RETIREE AND LONG TERM DISABILITY PLANS PLEASE TAKE NOTICE that the following documents are attached hereto as exhibits to the Debtors’ Motion For Entry Of An Order Authorizing Debtors To Terminate Certain Retiree And Long Term Disability Plans (D.I. 3204) filed by the above-captioned debtors and debtors in possession on June 21, 2010:

Exhibit A: Retiree Medical Plan and Retiree Life Insurance and Long-Term Care
Plan dated January 1, 1992

Exhibit B: Retiree Medical Plan Summary Plan Description 2010

Exhibit C: Nortel Networks Retiree Life Insurance and Long-Term Care Plan

Summary Plan Description 2010

Exhibit D: Nortel Networks Inc., Long-Term Disability Plan Summary Plan
Description 2010

Exhibit E: Nortel Networks FLEX Benefits Program

Exhibit F: Nortel Networks Welfare Benefits Plan

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