Our intent is to achieve a fair resolution of these lawsuits and avoid a prolonged, uncertain and costly litigation process. A final settlement would remove a significant impediment to Nortel's future success and allow ... the Nortel team to move forward.
We needed stability, to be very transparent in our commitment to the future of the company. It was very important in my judgment that we not prolong the process. It had to be a high-quality search but we had to move quickly.