Kodak Gets Judge's OK To Solicit Votes For Ch. 11 Plan

Law360, New York (June 25, 2013, 5:54 PM EDT) -- Eastman Kodak Co. on Tuesday received the go-ahead to solicit votes for the reorganization plan that will pave its way out of bankruptcy as well as several agreements that will secure it hundreds of millions of dollars in exit financing and new equity financing.

U.S. Bankruptcy Judge Allan L. Gropper’s approval of Kodak’s disclosure statement, sent to creditors so they can vote on the plan itself, allows the fallen photography icon to maintain its path toward solvency around September. When it does emerge, the company will...
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