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  1. #1

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    Kodak almost out of Chapter 11, will it come back to Disney parks?

    What do you all think, will Disney renew their contract once they are out of bankruptcy? We all know currently there is no sign of them coming back. But I feel they are a iconic peice of Disneyland.



    When Kodak filed for Chapter 11 bankruptcy a year ago, the company promised to re-emerge stronger than ever a year later. While that scenario has yet to play out, the gears do seem to be turning: US bankruptcy court Judge Allan Gropper today approved Kodak's bid to borrow up to $844 million from Centerbridge Partners LP. That approval's still conditional, mind you, on the completion of Kodak's recent digital imaging patent fire sale (at "no less than $500 million"). Should that all pan out, the company plans to emerge from bankruptcy by "mid-2013," no doubt worse for wear but better than a few years back.

    Source: Court approves Kodak financing, could exit bankruptcy by mid-2013


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  2. #2

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    Re: Kodak almost out of Chapter 11, will it come back to Disney parks?

    I'm not sure that the marketing cost will be worthwhile. Will Kodak be selling anything to household consumers after it sells off parts of it's business?

  3. #3

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    Re: Kodak almost out of Chapter 11, will it come back to Disney parks?

    Liquidation is chapter 7... if that's what your talking about.

    I highly doubt they'll be returning. Even if they are out of bankruptcy, they have a lot more recovery to do.
    DisneyTwins
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