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bankruptcy protection

Sep 5, 2013

Kodak CEO Perez talks about company’s future

You can feel the spirit of George Eastman in Antonio Perez’s office. A picture of Eastman, who founded Kodak in 1880, sits among the current CEO’s collection of family photos. The outer areas of Perez’s office, built and first inhabited by Eastman about a century ago, include some of Kodak’s Oscar and Emmy awards, along […]

May 1, 2013

Kodak to exit bankruptcy a different company

NEW YORK — Eastman Kodak plans to emerge from bankruptcy protection by the end of September after shedding most of the businesses that turned it into an American icon. The reorganized Kodak will focus instead on commercial imaging and printing, where it believes it can once become profitable, according to its bankruptcy reorganization plan. Founded […]

Apr 29, 2013

Eastman Kodak posts profit for its first quarter

Eastman Kodak Co. posted a profit for its fiscal first quarter thanks to the sale of its digital imaging patent portfolio. The company also said Monday that it plans to file its reorganization plan with a bankruptcy court Tuesday that will outline its roadmap for recovery. Founded in 1880, Kodak filed for bankruptcy protection at […]

Oct 31, 2012

Kodak’s 3Q loss widens as company reorganizes

Eastman Kodak’s losses widened to $312 million in the third quarter as the photo and printing company struggles to emerge from bankruptcy protection. The loss reported late Tuesday compares to a loss of $222 million at the same time last year. Revenue for the three-month stretch ending in September totaled $1 billion. That’s a 19 […]

Oct 22, 2012

Officials vow fight to save Hickey Freeman jobs

While company leadership was in bankruptcy court Monday morning, Hickey Freeman workers, joined by U.S. Sen. Charles E. Schumer, D-N.Y,, and U.S. Rep. Louise Slaughter, D-Fairport, for a rally in support of the high-end suit maker. The parent company, HMX Group, announced last week it was seeking Chapter 11 bankruptcy protection. Although he wouldn’t name […]

Mar 13, 2012

Kodak retirees seek committee to protect benefits

Some former Kodak employees are asking a judge to appoint a retiree committee to protect their benefits as the photography company reorganizes under bankruptcy protection. The retirees say in a motion filed in U.S. Bankruptcy Court in New York that a committee is appropriate given Kodak’s current proposal to end health care benefits for about […]

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