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Sources: Kodak weighs bankruptcy filing to spur sale of patents
A bankruptcy filing may help clear the way for the patent sale, the people said. The sale could fetch about $3 billion, according to estimates from MDB Capital Group. Kodak has discussed its options with law firms Kirkland & Ellis LLP and Jones Day,
Updated: 09/30/2011 02:55P
Kodak weighing bankruptcy to spur patent sale
A bankruptcy filing may help clear the way for the patent sale, said the people. The sale could fetch about US$3-billion, according to estimates from MDB Capital Group. Kodak has discussed its options with law firms Kirkland & Ellis LLP and Jones Day,
Updated: 09/30/2011 02:54P
Fallout from Solyndra Bankruptcy Continues, Stirling Files for Bankruptcy
The furor over Solyndra's bankruptcy two years after receiving a $535 million Department of Energy (DOE) loan guarantee shows no sign of abating. The FBI is examining whether Solyndra misrepresented financial statements they submitted to DOE.
Updated: 09/30/2011 02:53P
Not A Pretty Picture
The rumor on the street is that EK will be filing for bankruptcy protection soon. The company was founded in 1880 and is headquartered in Rochester, NY. It is a sad day to see such an iconic company fall from a leadership position.
Updated: 09/30/2011 02:50P
Barnes & Noble to shutter Borders' website
The move comes after Barnes & Noble received approval from a US Bankruptcy Court judge earlier this week to acquire Ann Arbor-based Borders Group Inc.'s brand name and website for $13.9 million. The decision to end Borders' website raises questions
Updated: 09/30/2011 02:46P
Florida medical supply company bringing 230 jobs to Dallas area
CCS Medical Inc., a medical supply company that recently emerged from Chapter 11 bankruptcy, is moving its headquarters to Farmers Branch from Clearwater, Fla., the company said Friday. CCS, which has about $420 million in annual
Updated: 09/30/2011 02:43P
Eastman Kodak Stock Shrivel Hits Bill Gates
The Journal reported that Kodak has hired restructuring advisers — a possible path to a bankruptcy filing. The disclosure — along with a story from Bloomberg News — is killing Kodak's stock price. Recently, shares had lost two-thirds of their value in
Updated: 09/30/2011 02:43P
Kodak hires law firm Jones Day for restructuring advice: report
Eastman Kodak Co hired law firm Jones Day for restructuring advice, the Wall Street Journal reported. The company is weighing a bankruptcy filing, reports Bloomberg.
Updated: 09/30/2011 02:43P
Kodak Hires Restructuring Lawyers
Eastman Kodak Co. has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, people familiar with the matter said. The move to hire restructuring
Updated: 09/30/2011 02:32P
Tom Martino sues creditor, threatens to sue KDVR
Martino has filed a complaint against Raton, NM-based International Bank in US Bankruptcy Court for the District of Colorado, alleging that the bank's interpretation of the Martinos' financial statements is incorrect and that the bank is violating a
Updated: 09/30/2011 02:25P
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