Re: [Frameworks] Kodak filing for bankruptcy?

From: Fred Camper <>
Date: Fri, 30 Sep 2011 19:33:20 -0500

Quoting Robert Schaller <>:

> Does anyone know anything about this?

No, but keep in mind that there are two types of corporate
bankruptcies. In one, the company continues to operate; by defaulting
on its debts, it hopes to become profitable again. Recent example:
General Motors. In the other, the company stops operations and
liquidates. Recent example: Borders.

The article implies that the bankruptcy that Kodak is considering wold
allow it to continue to operate. I don't think liquidiation is in the
cards anytime soon.

Fred Camper

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Received on Fri Sep 30 2011 - 17:33:43 CDT