IBM Joins Samsung Bid To Clarify Kodak DIP Request

Law360, San Diego (February 14, 2012, 8:22 PM EST) -- IBM Corp. on Tuesday joined Samsung Electronics Co. Ltd.’s motion filed in a New York bankruptcy court seeking clarification that Eastman Kodak Co.’s request for approval of $950 million in post-petition financing would not impair their intellectual property licensing rights or defenses.

Samsung filed a bid last week, saying clarification was needed to assure that Kodak and the debtor-in-possession lenders were not attempting to impair Samsung’s defenses to litigation and claims that have been or may be asserted against it by Kodak as well as Samsung’s...
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