Quantcast
breaking news

Kodak Bankruptcy Documents

By: WROC-TV
Updated: January 19, 2012
The Eastman Kodak Company files for Chapter 11 bankruptcy protection.

Kodak Chairman and CEO Antonio Perez says in a press release that the Board of Directors and the entire senior management team "unanimously believe that this is a necessary step and the right thing to do for the future of Kodak." The bankruptcy filing came early Thursday morning.

The iconic 131-year-old Rochester-based company has secured 950 million dollars in financing from Citigroup which should help keep it afloat while navigating through bankruptcy proceedings.

Click here for the bankruptcy documents.

Attachment
Kodak Bankruptcy

Comments

This is what happens when companies discriminate against their employees and tries to buy their way out of the situation. Justice is served with a different outlook.

Gary T. January 19, 2012 at 6:49 pm

Readers Feel...

hello
Related Content

'The Amazing Spider-Man 2' is putting Kodak in the Hollywood spotlight at home. Take an inside peek at how the company produces its motion picture film....

Late Tuesday Kodak announced it has filed its Plan of Reorganization with the U.S. Bankruptcy Court, initiating the process to emerge from Chapter 11 bankruptcy....

The organization that represents Kodak's retirees has filed a motion against the company that would affect retirees with unfunded pensions....

We are expecting learn the details Kodak's plan for reorganization to emerge from bankruptcy....

Kodak Retirees Respond to UK Pension Plan...

Last week, Kodak announced a bonus for U.S. employees, and on Thursday, they received that check....

Kodak is settling its multi-million dollar bill with New York State....

More good news is coming from Kodak....

Kodak has signed a new business agreement that will bring jobs to Eastman Business Park....

Brother has entered a plan with Kodak to take over the company's Document Imaging business....

 
 

 

Ask The Expert

Click here to read more!
 

Calendar Events

Weekly Community Service...

View More
05/18/13

Powerball

  • 10-13-14-22-52, Powerball: 11