Mealey's Bankruptcy - Kodak Creditor: $49M Deal For Environmental Cleanup Is 'Grossly Unfair'

Mealey's Bankruptcy - Kodak Creditor: $49M Deal For Environmental Cleanup Is 'Grossly Unfair'

NEW YORK - A creditor of bankrupt Eastman Kodak Co. on May 6 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York, objecting to a settlement agreement between Kodak and both federal and state environmental authorities on grounds that the $49 million trust fund established by the agreement is "grossly unfair" (In Re: Eastman Kodak Company, No. 12-10202, Chapter 11, S.D. N.Y. Bkcy.).

Find full version on lexis Advance®
Access this news story on lexis.com®