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Kodak Announces Comprehensive Settlement with U.K. Pension Plan, Moving Kodak toward Exit from Chapter 11 Agreement Spins Off Personalized Imaging and Document Imaging Businesses to KPP, Settles ...
Kodak Alaris, UK holds the rights to still photographic films and the Kodak Moments photo kiosk businesses which formed part of the 2012 bankruptcy settlement. They also held the rights to the Photo Paper, Photochemicals, Display and Software businesses (PPDS) but sold these to Sino Promise, China in 2020. [ 151 ]
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Vroegh v. Eastman Kodak Company, et al. is a class action complaint that alleges that the defendants, " [i]n marketing, advertising and/or packaging their Flash Memory Cards and Flash Memory Drives, Defendants misrepresent the size of the memory storage contained in the Flash Memory Cards and Flash Memory Drives." [1]
Court Approves Kodak's Comprehensive Settlement with U.K. Pension Plan Settlement Includes Spin Off of Personalized Imaging and Document Imaging Businesses to KPP Settles $2.8 Billion in KPP ...
The likelihood of Kodak entering bankruptcy increases with every delayed asset sale or funding withdrawal. Just a few days ago, ...
Litigation involving Apple Inc. The multinational technology corporation Apple Inc. has been a participant in various legal proceedings and claims since it began operation and, like its competitors and peers, engages in litigation in its normal course of business for a variety of reasons. In particular, Apple is known for and promotes itself as ...
Eastman Kodak and its largest bankruptcy creditor, the U.K. Kodak Pension Plan (KPP), have agreed to a deal in which KPP will provide Kodak $650 million in cash and non-cash consideration for its ...