Kodak Chapter 11 Reorganization Announced; Faraci Shares Details in Video

The business reorganization is intended to bolster the company’s liquidity in the United States and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities, and enable the company to focus on its most valuable business lines. Kodak has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75 percent of its revenue from digital businesses in 2011.