Friday, July 25, 2014

Kodak seeks court approval for reorganization plan

August 20. 2013 10:36AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) Kodak is due in bankruptcy court as it seeks approval for its plan to emerge from Chapter 11 protection.

A confirmation hearing in New York before a federal bankruptcy judge is scheduled Tuesday morning, days after Eastman Kodak Co.'s creditors voted in support of its plan to reorganize its finances and operations.

The photography pioneer, which is based in Rochester, N.Y., filed for bankruptcy protection in 2012 to cope with growing debt amid the shift from film to digital photography. The company has since sold off some units to concentrate on commercial and packaging printing.

The company has said it expects to emerge from Chapter 11 by the end of September.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds