Client: Nortel Networks Corporation

Situation: In January 2009, Nortel Networks Corporation (“Nortel”) filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the District of Delaware. After filing for bankruptcy, Nortel began liquidating its assets including its intellectual property. As part of the liquidation, Nortel auctioned its portfolio of over 6,000 patent assets, covering a wide range of wireless, 4G, data networking, Internet, voice, optical, and semiconductor technologies.

Our Role: Management provided valuation and strategic advisory services in connection with this engagement.