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TitleKodak Co filed for bankruptcy protection
Other Current affairs in this Category
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Description

Company and its U.S. subsidiaries had filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York.

Non-U.S. subsidiaries were not covered by the filing and would continue to honour all obligations to their suppliers.

The loan and bankruptcy protection from U.S. trade creditors may give Kodak the time it needs to find buyers for some of its 1,100 digital patents, the key to its remaining value, and to reshape its business .

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