Apparently suing Samsung (again ) wasn't the only pressing business for Kodak today, as it just announced it has -- as expected -- filed for Chapter 11 business reorganization in New York.
You can read the details in the press release after the break, where Chairman and CEO Antonio Perez is quoted saying he hopes Kodak will "emerge a lean, world-class, digital imaging and materials science company".
The company has obtained $950 million debtor-in-possession financing,...
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The world-renowned Philadelphia Orchestra, long considered one of the best in the nation, will be filing for Chapter 11 bankruptcy protection - an apparent first in recent history for a major...
Philadelphia Orchestra board OKs Chapter 11 filing
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