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. ...Read More »
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 ...Read More »
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 ...Read More »
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: BankruptcyRead More »
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, ...Read More »
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 ...Read More »
Eastman Kodak Co. has reportedly shuffled its restructuring advisers in its battle to shore up its finances and steer clear of bankruptcy. The Wall Street Journal reported Tuesday that Kodak has hired Sullivan & Cromwell’s restructuring practice to advise on ...Read More »