Posts tagged as: Bankruptcy

Kodak Seeks Chapter 11 Protection – Gets $950 Million Lifeline

With a sad heart we here at ToT have to report iconic American company Kodak has officially filing for bankruptcy protection. Despite a number of restructuring attempts as well as the sale of patents and a string of patent suits seeking damages, the 130-year old pioneering photographic company was forced to seek protection from creditors. […]

Kodak Readying Chapter 11 Filing as Precaution

Kodak is drafting Chapter 11 bankruptcy filings in the event it can’t sell patents in the next few weeks, insiders asserted Wednesday. The proposed plan seen by the Wall Street Journal would see the camera legend possibly enter bankruptcy later this month or in early February. The reorganization would see it get $1 billion of […]

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