Please ensure Javascript is enabled for purposes of website accessibility
Home (page 3)

Tag Archives: Bankruptcy

Kodak postpones bankruptcy auction on patents

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 »

Second Circuit — Bankruptcy: In re: Association of Graphic Communications Inc.

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 »

WDNY — Bankruptcy: Eastman Kodak Company v. Collins Ink Corporation

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 »

Kodak proposes bonuses, withdraws benefits cut

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 ...

Read More »

Bankruptcy, appellate case filings drop

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. ...

Read More »

Kodak to stop making digital cameras

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 ...

Read More »

Kodak wants its name off LA home of Oscars show

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. ...

Read More »

Kodak gets 2013 deadline to reorganize

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 »

Workers, retirees, area leaders ponder outlook

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 »

Report: Kodak may file for bankruptcy

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 ...

Read More »

Report: Kodak shuffles restructuring advisers

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 »