Wednesday, April 16, 2014

Follow us:
Subscribe to this news feed Follow us on Twitter Follow us on Facebook 

News

Finger Lakes

Eastman Kodak Bankruptcy Update

  • Text size: + -
Rochester: Eastman Kodak Bankruptcy Update
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

Eastman Kodak wants more time to put together a plan to emerge from bankruptcy.

According to the SEC filing, Kodak is in discussions with lenders to change the deadline for filing a plan from February to April.

Kodak is currently required to file a Chapter 11 bankruptcy plan with the US Bankruptcy Court by February 15th, but wants to extend the deadline to April 30th.

When Kodak first filed for bankruptcy a year ago, it was supposed to file a reorganization plan by May 18th.

There have been various extensions since.

Kodak says the company is still planning to emerge from bankruptcy sometime mid-year.

10.11.12.244 ClientIP: 54.211.27.61, 23.62.6.207 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP