Kodak's Patent Deal With OLED Co. Gets Court Approval

Law360, New York (September 16, 2013, 2:42 PM ET) -- Eastman Kodak Co. on Monday received a bankruptcy judge’s approval of a settlement that resolves a longstanding dispute with Global OLED Technology LLC over 18 organic light-emitting diode patents.

Under the agreement, Kodak will retain 15 of the patents and transfer the other three, which the newly reorganized Kodak has no use for, to GOT. It will also assign all of its rights under a 1995 license agreement related to the patents to GOT. In exchange, the company will drop the lawsuit it filed last year...
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