Kodak Deal With CVS Over Kiosk Agreement Gets Judge's OK

Law360, New York (December 7, 2012, 12:15 PM EST) -- A New York bankruptcy judge signed off Friday on a deal Eastman Kodak Co. reached with CVS Pharmacy Inc. under which CVS will set aside $4.5 million of the $10 million it owed Kodak and get an $18.4 million unsecured claim.

U.S. Bankruptcy Judge Allan L. Gropper approved the agreement between the debtor and its retail services systems business' largest customer following a quick hearing at which attorneys for the official committee of unsecured creditors and the steering committee for a group of second-lien noteholders expressed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.