Supplier News - February 2012

Chapter 11 for Kodak

ROCHESTER, N.Y.—Eastman Kodak Company announced that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization. The business reorganization is intended to bolster liquidity in the U.S. and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities, and enable the company to focus on its most valuable business lines.