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Eastman Kodak May Declare Bankruptcy

The Wall Street Journal , citing knowledgeable sources, is reporting that photography giant Eastman Kodak is prepared to file for bankruptcy should it fail in efforts to to sell its sizeable portfolio of digital patents. According to the Journal's sources, Kodak is seeking approximately $1 billion...

Eastman Kodak Files for Chapter 11 Bankruptcy

Photography giant Eastman Kodak filed for Chapter 11 bankruptcy protection Thursday morning in the Southern District of New York. The company intends to continue business operations during the restructuring, and the company has secured $950 million in financing from Citigroup. Kodak has also hired...

Mama Don't Take My Kodachrome Away!: Kodak's Chapter 11 -- A Bridge Over Troubled Water

Eastman Kodak Company's bankruptcy is another in a string of recent chapter 11 filings by established brand names that lack a clear exit strategy (others are Borders , Hostess , AMR ... Europe !). So much for the " end of bankruptcy "! As noted in Matt Daneman's article...