Kodak News | Other related news

May 18, 2012  (Sources: Democrat and Chronicle / EKRA)

Bob Volpe resigns as head of Kodak retiree group

Bob Volpe, who has led a Kodak retirees group since 2009, has resigned that post.
>> Read More

>> Official EKRA Resignation letter

May 16, 2012  (Source:  total telecom)

Kodak accuses Apple of trying to derail its patent sale

Eastman Kodak Co. is accusing Apple Inc. of trying to shake up a planned patent sale in a bid to avoid paying Kodak more than $1 billion in patent-infringement damages and royalties.
>> Read More

May 11, 2012  (Source:  YNN / EKRA)

Kodak Retiree Bill Faces Changes

The State Senate this week passed a bill intended to help Kodak retirees who are in jeopardy of losing health benefits, but not everyone is happy with the legislation. Some parts of the bill will probably get an overhaul.
>> Read More

>> EKRAs clarification

May 5, 2012  (Source:  Democrat and Chronicle)

7 ex-Kodakers will be voice of retirees in court case

Seven former Kodakers — including four from the Rochester region — have been selected to represent retirees’ interests in Eastman Kodak Co.’s Chapter 11 bankruptcy case.
>> Read More

May 3, 2012  (Source:  YNN)

Kodak Resumes Pursuit of Shutterfly Lawsuit
Eastman Kodak is trying to restart a patent infringement lawsuit it previously filed against the online photo company, Shutterfly.
>> Read More

April 30, 2012  (Source:  Reuters)

Kodak judge approves extra payments to employees
Eastman Kodak received court approval on Monday from a bankruptcy court judge to spend about $13.5 million to try to keep a few hundred employees from leaving the company while it is in bankruptcy, a spokesman for the company confirmed.
>> Read More

April 24, 2012  (Source:  Wall Street Journal)

US bankruptcy trustee objects to Kodak bonus plan
The U.S. trustee has objected to Kodak's plan to pay $13.5 million in bonuses to persuade certain employees to stay with the company as it reorganizes under bankruptcy protection.
>> Read More

April 16, 2012  (Source:  Democrat and Chronicle)

Kodak retirees get voice in court

Judge OKs panel to represent them

Any cuts Eastman Kodak Co. hopes to make to retirees’ health care benefits might now need retirees to sign off first.
>> Read More

April 15, 2012  (Source:  USA Today)
Kodak says it needs more time to organize
Three months into its Chapter 11 bankruptcy, Eastman Kodak Co. is saying it will need a lot more time to get its plans together and affairs in order.
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April 12, 2012  (Source:  Democrat and Chronicle)
Groups want voices heard in Kodak's bankruptcy proceedings
Who will have negotiating power with Eastman Kodak Co. in its bankruptcy is increasingly becoming a can of worms.
>> Read More

April 5, 2012  (Source:  NRLN Newsletter)
EKRA's Breakthrough for Kodak Retirees
EKRA, the association for Eastman Kodak retirees, is demonstrating the value of having a strong organization with numerous volunteers willing to work for the benefit of their fellow retirees.
>> Read More

April 5, 2012  (Source: ABC 13)

ABC Channel 13 reports on judicial decision affecting Kodak retirees.

April 4, 2012  (Source:  10 WHEC)
Kodak withdraws motion to eliminate health benefits for Medicare-eligible retirees
Kodak has decided to withdraw its motion to eliminate medical coverage for Medicare-eligible retirees. For now, benefits will remain the same.
>> Read More

March 22, 2012  (Source:  Wall Street Journal)
Kodak Ka-Ching
Monday marked the two-month anniversary of Eastman Kodak Co.’s Chapter 11 filing, so it’s about time for the imaging company’s attorneys and advisers to be calling for their first paychecks. Bankruptcy Beat has the fee requests—let’s take a look, shall we?
>> Read More

March 22, 2012  (Source:  timesnews.net)
Judge delays decision on Kodak retirees' benefits
U.S. Bankruptcy Court Judge Allan L. Gropper this week postponed a decision on Kodak’s request to end Medicare enhancement benefits for employees who retired after Oct. 1, 1991.
>> Read More

March 15, 2012  (Source: Reuters)
Kodak gearing up for 'robust' patent sale

Bidders are lining up in earnest now that Eastman Kodak's EKDKQ.PK patent sale is set to resume.
>> Read More

March 9, 2012  (Source:  Trading News)
Judge Orders Apple to Stop Pursuing Kodak Patent Fight

A judge Thursday said Apple Inc. must halt litigation against Eastman Kodak Co. over a patent the computer Giant fears might be sold during Kodak’s bankruptcy before an ownership dispute is resolved.
>> Read More

Feb 24, 2012  (Source: WMHT)
EKRA President Bob Volpe on New York NOW

Matt Ryan of New Your NOW interviews Bob Volpe.

Full version of this video is posted on the New York NOW website.

Feb 22, 2012  (Source: Bloomberg Business Week)
Kodak Case Against Apple, HTC to Be Investigated by Agency
Eastman Kodak Company's newest patent- infringement complaint against Apple Inc. and HTC Corp. will be reviewed by a federal trade agency that has the power to block imports of products that infringe U.S. patents.
>> Read More

Feb 9, 2012  (Source: Kodak.com)
Kodak Plans to phase out dedicated capture devices business
As a result of its ongoing strategic review process and commitment to drive sustainable profitability through its most valuable business lines, Eastman Kodak Company plans to phase out its dedicated capture devices business – comprising digital cameras, pocket video cameras and digital picture frames – in the first half of 2012.
>> Read More

Jan 31, 2012  (Source: Wall Street Journal)
Banks, Hedge Funds Disclose Kodak Debt Holdings
Banks, hedge funds and investment firms represented by a group calling itself the ad hoc committee of second lien noteholders divulged their stakes in Eastman Kodak Co.’s lower ranking debt.
>> Read More

Jan 29, 2012  (Source: 1180 WHAM)
Ann Eisenhart interviews Bob Volpe of EKRA

Listen to this 17 minute sound byte.

Jan 29, 2012  (Source: Wall Street Journal)
Saving Retiree Health Plans
More companies in dire financial straits are pulling the plug on retiree health-care benefits—dealing a blow to everyone from hourly union employees to upper management.
>> Read More

Jan 25, 2012  (Source: Bloomberg)
Wal-Mart, PBGC Named to Kodak Bankruptcy Creditor Committee
Wal-Mart Stores Inc. and the Pension Benefit Guaranty Corp. were among those named to the committee that will represent Eastman Kodak Company creditors during the imaging company’s bankruptcy case.
>> Read More

Jan 23, 2012  (Source: The Daily Record)
Kodak gets 2013 deadline to reorganize
Eastman Kodak Company is required under the financing terms to produce a reorganization plan by Feb. 15, 2013.
>> Read More

Jan 21, 2012  (Source: WXXI Need to Know)
Video Extracts relating to Kodak retirees in bankruptcy

Julie Philipp of WXXI, interviews Matt Daneman, business reporter and John Lawson, president of Tomkins Financial Advisors.

A full version of this video is posted to YouTube.

Jan 19, 2012  (Source: WXXI-AM 1370)
Kodak Retiree Organization Vows to Protect Longtime Workers

3.5 minute Audio

Jan 19, 2012  (Source: PBS Newshour)
Chapter 11 Filing-Kodak's New Vision for Survival

Hari Sreenivasan discusses the film pioneer's news with Julie Philipp, news director of WXXI Public Television in Rochester, N.Y.

Jan 19, 2012  (Source: Kodak)
CEO Antonio Perez Statement re Kodak's Bankruptcy

Oct 5, 2011  (Source: WHEC)

Retirement/Pension | SIP Changes

May 7, 2012  (Source: Smart Money)
Your Social Security Statement — Now Online
One of the best tools to help with retirement planning is back: Social Security statements are now available online.
>> Read More

March 2, 2012  (Source: Smart Money)
Strategies to Max Out Social Security Benefits
Find out which Social Security claiming strategy will pay the most over a lifetime.
>> Read More

Feb 25 2012  (Source: Wall Street Journal)
The Pension Health Checkup
How can you check the health of your pension plan?
>> Read More

PBGC News & Policy
Very informative web page that contains links to PBGCs Press Room, Multimedia and Congressional Testomony.
>> Read More

Nov 14, 2011  (Source: PBGC 2011 Annual Report)
PBGC Providing Security, Today and Tomorrow
A letter from Josh Gotbaum Director of the PBGC in which he explains how the PBGC helps to protect pensions.
>> Read More

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