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Herbert Smith is advising Ernst & Young on the administration of the European businesses of Canadian telephone manufacturer Nortel Networks.
The Herbert Smith team is being led by restructuring partner Stephen Gale and Laurence Elliott and includes corporate partners Gavin Davies and Alan Montgomery, pensions partner Roderick Morton and employment partner Andrew Taggart.
In the US Nortel turned to Cleary Gottlieb Steen & Hamilton partner James Bromley for advice on its bankruptcy protection filing while Ogilvy Renault partner Derrick Tay advised the company in Canada.
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