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[16] [14] [15] Under the terms of its bankruptcy protection, Kodak had a deadline of February 15, 2013, to produce a reorganization plan. [132] In January 2013, the Court approved financing for Kodak to emerge from bankruptcy by mid 2013. [133] [134]
Once regarded as a solid blue-chip company, Eastman Kodak began to struggle financially in the late 1990s due to a continuous decline in sales of photographic film. Kodak's management failed to ...
The bankruptcy implosion at Eastman Kodak Co. is going from ugly to uglier. How Antonio Perez has been able to remain CEO is more than just a mystery. Perez is naming the leadership for Kodak's ...
Kodak did make money off of the digital camera patent — billions in fact — until it ran out in 2007. But by the time the company embraced digital, it was too late. Kodak filed for bankruptcy ...
Instead, now under the protection of chapter 11 bankruptcy, Kodak walks into bankruptcy court with nearly $1.6 billion in debt and only $900 million in cash on its balance sheet -- although these ...
On January 19, 2012 Kodak officially filed for Chapter 11 bankruptcy protection, under which the company had until February, 2013 to provide an acceptable restructuring plan. In a video message, Antonio Pérez was quoted as saying, “What everyone should expect from Kodak is business as usual.”
Kodak Alaris is a British-based company currently comprising two divisions: Alaris, hardware and software for digital imaging and information management; and Kodak Moments, retail photo printing kiosks and sales and marketing of traditional photographic film.
Kodak has been fretting about the ability to fund operations for a while. Now, that warning stands at the top of the list, vaulting ahead of macroeconomic concerns.