A judge residing over the Nortel case is hearing arguments Wednesday from several long-term disability workers who say a proposed deal to cut off their benefits at the end of the year is not good enough.
Papers filed in court charge that $100 million from a fund that pays long-term disability benefits is unaccounted for.
However, lawyers and representatives for employee groups have already agreed to the deal, and there won't be any vote by the thousands of workers and pensioners who will be affected by the outcome.
Many of the workers on long-term disability face decades of living without benefits and little chance of getting a job.
If the deal is approved in court, those receiving benefits from Nortel will give up most of their rights to sue.
Nortel takeover
Later this afternoon, court is also expected to approve the $182-million purchase of Nortel's Carrier VoIP Solutions, or CVAS unit.
Texas-based company GENBAND bid on the unit last week. The division currently employs 600 workers in Ottawa, and the company says Ottawa remains key to its plans for the future.
"This unit is really the core of Nortel as a company. It has a history going back 100 years that makes it a complex takeover. I see us building and expanding on what is there," CEO Charlie Vogt told CTV Ottawa in an exclusive interview last week.
