Press releases: Kodak Announces Comprehensive Settlement with U.K. Pension Plan, Moving Kodak toward Exit from Chapter 11
Eastman Kodak Company today announced a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, with respect to its Chapter 11 Plan of Reorganization. Under the agreement, which will be filed with the U.S. Bankruptcy Court, Kodak’s Personalized Imaging and Document Imaging businesses will be spun off under new ownership to KPP.
For me it’s a bit surprising that Lomography would be saving Kodak’s product, but it could be the best thing, Lomography is totally dedicated to film even releasing new film camera. But I think that the films where selling are manufactured by others, for example the Lady Gray 400 is kodak’s TMAX 400, others product are made by Fuji etc.