kodak http://wrvo.org en Kodak inches closer to emergence with UK pension plan settlement http://wrvo.org/post/kodak-inches-closer-emergence-uk-pension-plan-settlement <p>It's been a big week for Kodak. The U.S. bankruptcy court approved the company's previously announced comprehensive settlement agreement with its United Kingdom pension plan Thursday.<br><br>The settlement includes the spin-off of Kodak’s personal and document imaging businesses to U.K. pensioners, and represents a big step in the company’s bid to emerge from chapter 11.<br><br>The U.K. Kodak Pension Plan (KPP) is the company’s single largest creditor with respect to its chapter 11 plan for reorganization.<br> Fri, 21 Jun 2013 12:27:47 +0000 Kate O'Connell 39927 at http://wrvo.org Kodak inches closer to emergence with UK pension plan settlement Kodak - one year after bankruptcy http://wrvo.org/post/kodak-one-year-after-bankruptcy <p>Kodak filed for Chapter 11 bankruptcy a year ago. The intervening months have seen big layoffs, pay freezes for workers, and an end to benefits for many of the company's retirees. However, Kodak also secured an extra $830 million in funding, and sold its patent portfolio. Fri, 18 Jan 2013 14:02:13 +0000 Kate O'Connell 32052 at http://wrvo.org Kodak - one year after bankruptcy Eastman Business Park power plant sold, will get makeover http://wrvo.org/post/eastman-business-park-power-plant-sold-will-get-makeover <p>Kodak is set to sell its coal-fired power plant at Eastman Business Park to a company that will convert it to a cleaner, natural gas facility. Fri, 21 Dec 2012 21:25:47 +0000 Kate O'Connell 30900 at http://wrvo.org Kodak patent buyers include Google, Apple and Microsoft http://wrvo.org/post/kodak-patent-buyers-include-google-apple-and-microsoft <p>Kodak has reached an agreement for the sale of their digital patent portfolio. Under the agreement, the company will receive $525 million for the imaging patents from Intellectual Ventures, a major holder of US patents, and a group of 12 licensees. Wed, 19 Dec 2012 16:35:15 +0000 Kate O'Connell 30773 at http://wrvo.org Kodak patent buyers include Google, Apple and Microsoft Kodak sells digital patents to pay off creditors http://wrvo.org/post/kodak-sells-digital-patents-pay-creditors <p>Kodak is selling 11,000 digital patents in a silent auction in Manhattan beginning today. The company is hoping to use the proceeds to pay off some of its creditors.<br /><br />The Wall Street Journal reports technology giants Google and Apple are both bidding, but the initial offers are much lower than the estimated $2.6 billion Kodak says the patents are worth.</p><p> Thu, 09 Aug 2012 20:40:54 +0000 Carlet Cleare 24029 at http://wrvo.org Rochester after Kodak http://wrvo.org/post/rochester-after-kodak <p><iframe allowfullscreen="" frameborder="0" height="272" src="http://www.youtube.com/embed/p9B3BxUw3HE" width="440"></iframe></p><p>With Kodak embarking on a restructuring effort under Chapter 11 bankruptcy protection, the future of the imaging icon remains unclear.</p><p>But one aspect of Kodak&#39;s legacy is already deeply imprinted onto the Rochester community.</p><p>Even as Rochester&#39;s most famous company struggled mightily to reinvent itself, the Rochester region steadily fought back - <a href="http://www.democratandchronicle.com/article/20120119/BUSINESS/120119029" target="_blank">leading the state in job growth</a>&nbsp;in recent years and <a href="http://www.policy-wonk.org/kent-gardner/rochester-economy-optimism-for-2012/" target="_blank">outpacing its upstate peers</a> in economic vitality.</p><p>One key reason: A long history of top-notch human capital flung into the community - willingly or not - as Kodak&#39;s fortunes withered.</p><p> Fri, 20 Jan 2012 19:06:52 +0000 Zack Seward 13140 at http://wrvo.org