Rumors about the possible bankruptcy of the corporation Kodak We have been walking for a long time and this step still could not be avoided. In order to keep the business of the company and stay afloat, representatives Kodak have filed for Chapter 11 bankruptcy protection.
The company's shares, which were rapidly falling in price, after it became known about the upcoming procedure, rose by 4.4%. The company also received significant financial support from Citigroup Inc., in the amount of 950 million US dollars, for the return of the loan Kodak may have to sell over a thousand of their patents.
The candidacy of an interim manager who will help the company go all the way to bankruptcy and will do everything to eventually put it on its feet will be accepted by the board of directors of the company in the near future. One possible candidate is Dominic Di Napoli, Vice Chairman FTI Consulting Inc.