U.S. Court of Appeals for the Second Circuit Bankruptcy Intervention In re: Lehman Brothers Holdings Inc. 11-2967-cv (L) Judges Jacobs, Chin and Droney Background: The appellants, Lehman Brothers Australia and Dante Noteholders, appealed from the dismissal of their motions for ...

Tagged with: Bankruptcy u.s. court of appeals for the second circuit

NEW YORK — Kodak is postponing indefinitely an auction of its imaging patent portfolios. An auction hearing had been scheduled in August for Eastman Kodak Co. to sell more than 1,000 patents as it tries to emerge from bankruptcy protection. ...

Tagged with: Bankruptcy Kodak

U.S. Court of Appeals for the Second Circuit Bankruptcy Unexpired Leases — Execution of a Warrant of Eviction In re: Association of Graphic Communications Inc. 11-1773-bk Judges Calabresi, Raggi and Chin Background: The plaintiff Super Nova 330 LLC appealed from ...

Tagged with: Bankruptcy u.s. court of appeals for the second circuit

U.S. District Court, WDNY Bankruptcy Automatic Stay Eastman Kodak Company v. Collins Ink Corporation 11-cv-6513L Judge Payson Background: The defendant provided ink to the plaintiff for use in its commercial ink-jet printers for over a decade. After the parties’ most ...

Tagged with: Bankruptcy U.S. District Court WDNY

BUFFALO — Eastman Kodak Co. is asking for permission to pay about 300 key managers and other employees a total of $13.5 million in bonuses to keep them from leaving the company as it reorganizes under bankruptcy protection. The company ...

Tagged with: Bankruptcy Kodak

Caseloads at federal trial courts increased slightly during fiscal 2011, while the number of bankruptcy and appellate cases dropped, according to recently released data from the Administrative Office of the U.S. Courts. According to the data, civil filings in U.S. ...

Tagged with: Bankruptcy

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago. Founded ...

Tagged with: Bankruptcy Kodak photography

Eastman Kodak Co. is looking to get out of its naming rights contract with the Los Angeles theater that hosts the Academy Awards. The Democrat and Chronicle reports that the iconic photography company filed a motion this week in U.S. ...

Tagged with: Bankruptcy Kodak

Eastman Kodak Co. has obtained a bankruptcy judge’s approval to borrow an initial $650 million from Citigroup Inc. to keep operations running while it peddles a trove of digital-imaging patents. The ailing photography pioneer filed for bankruptcy protection on Thursday, ...

Tagged with: Bankruptcy eastman kodak

The ripple effect from Eastman Kodak Co.’s bankruptcy reorganization extends in many directions: Employees brace again for layoffs, retirees fret over health care coverage, and the photography icon’s biggest debtors and stakeholders — from movie studios and big-box retailers to ...

Tagged with: Bankruptcy future Kodak outlook workers

AP File Photo An uncomfortable suspicion that an icon of American business may have no future pushed investors to dump stock in Eastman Kodak Co. Wednesday.The ailing photography pioneer’s shares fell to a new all-time low after the Wall Street ...

Tagged with: Bankruptcy Kodak

U.S. Bankruptcy Court Judge Barbara J. Houser’s job is a lot harder than it used to be, and she is not afraid to admit it. The problem for Houser and her colleagues, as well as practitioners across the country, is ...

Tagged with: Bankruptcy judges lawyers