Ernst & Young


Nortel Monitor To Be Probed for ‘Woeful’ Performance?

A lawmaker in Ireland wants a government investigation into Nortel’s court-appointed monitor, Ernst & Young. Alasdair McDonnell said this week the layoffs at the Nortel plants in Monkstown went against company officials’ insistence that jobs would be preserved. “Ernst & Young’s handling of this insolvency case has been woeful and it would appear that they […]

Nortel Faces Wrath of Laid-Off Workers in England

Former Nortel Networks Corp. (NT) workers in Harlow, England, part of the London commuter belt, marched on Parliament Tuesday to call attention to their recent layoffs. The jilted employees say their dismissals were unfair, especially since bankrupt Nortel’s court-appointed administrator, Ernst & Young, gave very little notice of the firings and did not even pay 90 […]

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