Kodak and U.S. Subsidiaries File for Chapter 11 Protection: Restructure Planned
Flow of Goods and Services to Continue; Non-U.S. Subsidiaries Not Included in Filing
January 19, 2012Perez concluded, “The board of directors, the senior management team and I would like to underscore our appreciation for the hard work and loyalty of our employees. Kodak exemplifies a culture of collaboration and innovation. Our employees embody that culture and are essential to our future success.”
The company has also taken this step after preliminary discussions with key constituencies and intends to work toward a consensual reorganization in the “best interests of its stakeholders.” Kodak expects to complete its U.S.-based restructuring during 2013.
Kodak will be filing monthly operating reports with the bankruptcy court and plans to post these monthly operating reports on the Investor Relations section of kodak.com. It will continue to file quarterly and annual reports with the Securities and Exchange Commission, which will also be available in the Investor Relations section of kodak.com. Information for suppliers and vendors is available at (800) 544-7009 or (585) 724-6100.
Page 1 | 2


COMMENTS
Click here to leave a comment...