Kodak Gets Go-Ahead To End Retiree Benefits

Law360, New York (November 6, 2012, 10:58 PM EST) -- A New York bankruptcy judge on Monday approved a multimillion-dollar deal that will allow Eastman Kodak Co. to stop providing retiree health and survivor benefits by the end of the year, a Kodak spokeswoman confirmed.

U.S. Bankruptcy Judge Allan J. Gropper signed off on the company's agreement with the Official Committee of Retired Employees, a significant step for the film and photography company as it continues its efforts to exit bankruptcy.

“The agreement, which also has the support of our Official Committee of Unsecured Creditors and...
To view the full article, register now.