Kodak Files for Bankruptcy Protection

Started by MikeLigalig.com, January 20, 2012, 04:54:21 AM

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MikeLigalig.com

January 20, 2012, 04:54:21 AM
by Ina Fried
http://allthingsd.com/20120118/not-a-kodak-moment-as-camera-maker-files-for-bankruptcy/

Struggling camera maker Kodak said on Wednesday night that it has filed for Chapter 11 reorganization.

The move, which had been expected, follows years of struggle by the film giant to transition to a digital imaging company. In recent months, the company has sought to capitalize on its patents and, in recent days, has sued Apple, HTC and Samsung.
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