Kodak Licensees Balk At Proposed Patent Sale Process

Law360, New York (June 25, 2012, 10:06 PM EDT) -- Motorola Solutions Inc., Fujifilm Corp., LG Electronics Inc. and other licensees of Eastman Kodak Co.'s digital imaging patents on Monday objected to the bankrupt company's plan to auction off its intellectual property portfolio over what they say are insufficient protections for licensees.

In various objections filed in New York bankruptcy court, the licensees said Kodak's motion outlining its proposed bidding procedures, filed June 11, offer little or no protections for existing licensees, whose rights would in effect "be extinguished by the sale," according to Motorola....
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