Applications for Leave

May 5, 2016

Le 5 mai 2016

Coram:  McLachlin C.J. and Moldaver and Gascon JJ.

Coram : La juge en chef McLachlin et les juges Moldaver et Gascon

BETWEEN:

Ad Hoc Group of Bondholders

Applicant

- and -

Ernst & Young Inc. in its capacity as Monitor, Nortel Networks Corporation, Nortel Networks Limited, Nortel Networks Global Corporation, Nortel Networks International Corporation, Nortel Networks Technology Corporation, Superintendent of Financial Services as Administrator of the Pension Guarantee Fund, Wilmington Trust, National Association, Law Debenture Trust Company of New York, Bank of New York Mellon, Nortel Networks Inc., Canadian Creditors Committee, Joint Administrators of Nortel Networks UK Limited, Board of the Pension Protection Fund and Nortel Networks UK Pension Trust Limited

Respondents

ENTRE :

Ad Hoc Group of Bondholders

Demanderesse

- et -

Ernst & Young Inc. en sa qualité de contrôleur, Corporation Nortel Networks, Nortel Networks limitée, Nortel Networks Global Corporation, Nortel Networks International Corporation, Nortel Networks Technology Corporation, surintendant des services financiers, en sa qualité d’administrateur du Fonds de garantie des prestations de retraite, Wilmington Trust, National Association, Law Debenture Trust Company of New York, Bank of New York Mellon, Nortel Networks Inc., Canadian Creditors Committee, Joint Administrators of Nortel Networks UK Limited,

Board of the Pension Protection Fund et Nortel Networks UK Pension

Trust Limited

Intimés

JUDGMENT

The motions of the Board of the Pension Protection Fund and Nortel Networks UK Pension Trust Limited to be added as respondents and for an extension of time to serve and file the response to the application for leave to appeal are granted.  The application for leave to appeal from the judgment of the Court of Appeal for Ontario, Number C59703, 2015 ONCA 681, dated October 13, 2015, is dismissed with costs.

JUGEMENT

Les requêtes du Board of the Pension Protection Fund et Nortel Networks UK Pension Trust Limited pour être ajouté comme intimés et en prorogation du délai pour signifier et déposer la réponse à la demande d’autorisation d’appel sont accueillies.  La demande d’autorisation d’appel de l’arrêt de la Cour d’appel de l’Ontario, numéro C59703, 2015 ONCA 681, daté du 13 octobre 2015, est rejetée avec dépens.