FAQ regarding Kodak bankruptcy filing
Here is a list of several frequently asked questions from Kodak regarding the company's bankruptcy filing...
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Unions Shocked By American Airlines Proposed Cuts
American Airlines is looking to cut 13,00 jobs as part of a restructuring. The company — which is in bankruptcy — also wants to reduce salaries by 20 percent and end its pension plan.
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Kodak Files Chapter 11
Eastman Kodak announced early Thursday that it has filed for protection from its creditors under Chapter 11 of the U.S. bankruptcy code. The filing was made in U.S. bankruptcy court for the Southern District of New York.
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Kodak files for Chapter 11 bankruptcy
Eastman Kodak and its U.S.-based subsidiaries filed for Chapter 11 bankruptcy protection on Jan. 19, as the company attempts to stay solvent and shift its core business from photography to digital printing.
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Modest corporate-bankruptcy toll in 2011
The number of consumer bankruptcies declined nationally and in Arizona last year, with Valley-area filings dropping 16 percent compared to 2010. As it turns out, 2011 also was a fairly mild year for corporate flops. Some 88 public companies with pre-petition assets of $104 billion filed for bankruptcy protection last year, reports BankruptcyData.com, compared to 106 filings and $89 billion in ...
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