Industry News

Kodak Creditors Support Plan of Reorganization

Voting results demonstrate strong and substantial support for plan of reorganization, paving way for confirmation hearing

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kodak’s creditors have voted in favor of its Plan of Reorganization, and with this positive outcome, the company is well positioned to seek confirmation of its Plan of Reorganization at the confirmation hearing scheduled for Aug. 20 before the U.S. Bankruptcy Court for the Southern District of New York. In its filings with the Bankruptcy Court, Kodak reported that all classes of the company’s eligible creditors voted strongly in favor of the company’s Plan. “Our cre...

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