Reuters: Kodak Bankruptcy Advisers Will Likely Receive $240MM
Reuters reported that a lawyer charged with reviewing advisers’ fees in Eastman Kodak’s bankruptcy approved more than $240 million in bills, in advance of court approval next week.
Reuters said fee examiner Richard Stern recommended approval of about $235.8 million in fees and another $7.2 million in expenses, according to a report filed in U.S. Bankruptcy Court in Manhattan. The fees will go before Judge Allan Gropper, who is likely to approve them if Stern raises no objections, Reuters added.
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Previously on abfjournal: Kodak Emerges as Tech Company Focused on Business Imaging, September 4, 2013