Kodak Wants Plan Approval After 'Strong' Creditor Vote

Law360, New York (August 16, 2013, 6:51 PM EDT) -- Eastman Kodak Co. said Friday that its "consensus" Chapter 11 reorganization plan should be confirmed, on the heels of creditors voting "strongly in favor" of the plan and a New York bankruptcy judge again denying a shareholder bid for an equity committee.

Rochester, N.Y.-based Kodak plans to focus on commercial printing services when it emerges from bankruptcy by shedding legacy costs and bolstering its liquidity with, among other measures, a $650 million spinoff of its document imaging business to its British retirees to satisfy a $2.8...
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